Shows
Jake Of All TradesBeyond the Hype: The Realities of Rental Property InvestmentsIn a recent episode of the "Jack of All Trades" podcast, host Jake Nuno delved into the subject of passive income from rental properties, a topic currently gaining traction, especially among young professionals. While low mortgage rates until 2022 made owning multiple properties seem appealing, rising rates are beginning to change that narrative. Jake highlighted the need for investors to be aware of the hidden costs and potential pitfalls of using mortgages for such investments. Drawing from personal experience, he shared the story of considering turning his previous home into a rental property. Despite the potential for a positive cash...
2023-08-1030 minJake Of All TradesThe Team You Need To Buy The House You WantThe housing market is changing and so did Kirk’s perspective on homeownership. On previous shows Kirk discussed his reasons for not buying a house. Despite the rise in interest rates, he was able to buy a home. On this episode Jake and Kirk discuss the ins and outs of the homebuying process as well as who was on the team to help Kirk accomplish this. Special Shout out to Kirk's Team: Jake Rivas - Financial Advisor Laura Powell - Real Estate Agent Dani Rudd - Loan Officer Th...
2023-04-0740 minJake Of All TradesSecure Act 2.0 OverviewOver the next several weeks Jake and Kirk will be discussing the largest legislative changes to retirement in American history. We will discuss changes to RMDs, 529s, Rollovers, 401ks, 401k Savings, IRAs, Roths, Roth 401ks and much much more. These changes will not take effect immediately. However, we will be explaining the changes to better help you understand what is happening to your retirement plans. If you have any questions please email Jake@youandifinancial. We will cover your questions on the show. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFil...
2023-01-1233 minJake Of All TradesMost Elaborate Financial Scam of Jake’s CareerWe often think of financial scams coming in the form of some exiled prince in Africa who needs assistance. But these hokey scams that everyone has heard of are rarely the type of scam that will actually drain your bank account. Everyone knows about them. The scam that will get you is the one you aren’t expecting. On this episode Jake and Kirk discuss a particularly nasty one that Jake encountered recently. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commo...
2022-12-2228 minJake Of All TradesThe Cost of Rolling a 401k into an IRAOn the show Jake and Kirk discuss differen costs that come with using IRA’s as a form of retirement versus a 401k. Since 401Ks can only be utilized through a company, there are different fees attached to a 401k. This means if using an IRA, you could be losing out on a significant portion of your future wealth. Since every person is unique, Jake and Kirk discuss what these costs are and how you can plan accordingly. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are s...
2022-12-0838 minJake Of All TradesJake buys a house!Jake buys a house! On this episode we go through all that Jake went through in buying his new house. We also discovered some important reasons why having a third party advocate is important during this highly emotional time. And Jake reveals some secrets to house buying that most people don’t know. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read you...
2022-11-1030 minJake Of All TradesWhat Will You Do with Your $10k Student Loan Forgiveness?On this episode Jake and Kirk discuss the recent Student Loan Forgiveness and how it will effect you. Many people may be expecting a big check, but only a few will receive actual cash. Nonetheless who will this impact and how might it impact them? Tune in as Jake and Kirk discuss everything relevant to financial decisions in this new forgiveness. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youan...
2022-11-0321 minJake Of All TradesHow We All Got in DebtOn the show today Jake gives us a brief history of how we all got in debt and how our relationship to debt has changed over time. In particular Jake and Kirk discusses how this affects our wallets today as well as our spending and savings habits. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on T...
2022-08-1139 minJake Of All Trades(LIVE) 5 Year Celebration Episode!On this episode Jake and Kirk were live and on stage at Brick At Bluestar in San Antonio Texas. They discussed many of the lessons they learned about the pandemic and how people have changed their attitudes about finances since the start. Also, Jake and Kirk reflected on their many episodes including episodes where they made very bold predictions. Did those predictions turn out true or false? Joining the podcast are a few local businesspeople, who shared their financial journey through Covid. Satchie Seidlits who owns a restaurant in San Antonio Bombay Bicycle Club. Dani Rudd of Legacy Mutual...
2022-06-0846 minJake Of All TradesHow to Keep Your Retirement Savings on Track While Quitting Your JobAchieving financial freedom is a regular topic on Jake of All trades. There are many pathways to get to that destination. Today as American workers continue what is being called “The Great Resignation,” we are faced with the challenge of meeting our long-term retirement goals. On this show Jake and Kirk discuss this issue and give a few tips on how to stay on track, even when you are going to quit your day job. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonw...
2022-06-0219 minJake Of All TradesYour Credit Card is about to get a whole lot more expensiveOn previous shows Jake and Kirk discussed the phenomenon of Americans paying down their credit card debt. By May of 2022 much of that has been wiped out. Worse, as interest rates are rising, this will effect your current credit cards, and now many Americans are in danger of worsening their financial situation. On this episode Jake and Kirk discuss how to manage this new reality and work toward living a flourishing financial life in the short term, while not jeopardizing your long term happiness. Article discussed: https://apple.news/A8ThRtJ4uQI28BlPhHg9QVw
2022-05-2423 minJake Of All TradesRecession Proof Your FinancesAlthough Jake and Kirk make no guarantees about the future, one would be wise to recognize a recession is a likely near-term scenario. So what does one do to prepare for a recession? What decisions might change? Jake and Kirk discuss this and more. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Face...
2022-05-1231 minJake Of All TradesMindfulness and Financial PlanningToday Jake and Kirk apply mindfulness techniques to money management. Be prepared for a more pleasant sounding Kirk and Jake. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and serv...
2022-04-2627 minJake Of All TradesAre Millenials the Unluckiest Generation in American History?This question is posed in economic terms. In this discussion, Jake and Kirk talk about the rising inflation and how many of us are spending an extra $276 per month, according to one study. We also discuss Millenials and how the US economy during their lifetime has been the worst in terms of growth and opportunities for what is now being called the second “lost generation.” Toward the end of the show Jake poses a question: Is there a stigma against a 35 year old who does not own a home or condo? *“Tax preparation, planning, IRS representation, and business valuation service...
2022-02-1856 min
Jake Of All Trades21 Money Rules from A Harvard EconomistOn this episode Jake and Kirk discuss a recent CNBC article with 21 very interesting rules about money and investment. Some of these rules are unique and very helpful pieces of advice, while others Jake and Kirk disagree with. Tune in and give us your thoughts on these money rules. Here is the article: https://www.cnbc.com/2022/01/05/harvard-trained-economist-shares-money-rules-and-why-its-better-to-own-than-rent-a-home.html *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and...
2022-01-281h 08
Jake Of All TradesWhy Are Americans Hoarding Cash?Jake and Kirk have discussed the increasing amount of Americans saving. They are also paying down their debt more than in the past. Does this indicate the economy is on good footing? What are the psychological reasons people are saving and what are some of the problems with this mentality. Jake and Kirk will be talking about the fear that drives much of this savings and what the real losses people will be suffering. Enjoy this discussion about how much money to keep on hand, how much is good to invest, how to think about our current inflationary problems...
2022-01-1222 min
Jake Of All TradesHousehold Net Worth Rises in AmericaAmericans got richer in the second quarter of 2021. How does this happen given a slowing economic growth? We discuss what a net worth is and what a household is. Why are these important for you in your planning? Jake breaks down different ways of evaluating your wealth. Jake and Kirk also discuss the federal debt and how this is related to household net worth. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake...
2021-11-1132 min
Jake Of All TradesCan I Get Tax Savings From College Savings Accounts?This is a common question that Jake Rivas gets from his clients. In this episode Jake and Kirk discuss College Savings Accounts pros and cons and how to navigate them in a world where higher education (and its value to your young students) is ever changing. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twit...
2021-10-2825 min
Jake Of All TradesShould I get car rental insurance?Both Jake and Kirk are going on trips and are considering whether or not to get the car rental insurance. Of course the rental agencies will be insisting upon this. But is it superfluous? Jake provides some alternatives you may not be aware of. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Face...
2021-10-1920 min
Jake Of All TradesShould Roads Remain “Free” to UseOn this episode Jake and Kirk discuss a new way some governments are taxing those who use the roads: Tolls that use GPS. Kirk goes on an epic rant about government roads, while Jake takes a more measured view. Is this the future of roads? Can the government charge everyone who uses the roads based on how many miles they drove? Will this encourage people to stay home in the future? And, most importantly, how would this effect your wallet and your decisions. All this and more! https://www.wsj.com/articles/charging-drivers-for-road-use-is-popular-with-economists-less-so-with-drivers-11630245780 *“Tax...
2021-09-2332 min
Jake Of All TradesMichael Scott’s Money ProblemsMichael Scott from the TV Show “The Office” is having money problems, and everyone in his world has advice—bad advice! So Jake Rivas and Kirk Barbera are here to help. They will watch a clip from The Office episode “Money Problems” and give some thoughts and advice on what can be learned from this episode. For fans of the show, it is the famous “I. Declare. BANKRUPTCY!” scene. Watch the show on our facebook channel or listen wherever you consume podcasts. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Serv...
2021-08-1934 min
Jake Of All TradesA Secret to Boost Your Retirement ContributionsOn the show Jake and Kirk discuss a “secret” back-door trick to boost your contributions. Jake explains the benefits of an IRA and why boosting it can be beneficial. They also describe scenarios where this secret method might be useful for different people. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwo...
2021-08-1340 min
Jake Of All TradesRobo Advisors versus Certified Financial PlannersIn the world of algorithms and AI is it still necessary to hire a CFP? Can’t robots do it all for us? Jake and Kirk discuss various online programs that can do a good job at helping you to manage and invest your finances. But is it sufficient? Also, at what point can robots not do what a human is able to do? These are some questions that Jake and Kirk discuss, as well as give some tips on when to use robo advisors and when to hire a human. *“Tax preparation, planning, IRS representation, and busi...
2021-07-2929 min
Jake Of All TradesNumbers and FeelingsNumbers are rational and humans are irrational. Right? In this episode Jake and Kirk talk about how using a numbers only approach to your finances can be just as bad as using an emotions only approach to your finances. So how do you navigate through this maze? Tune into the show to hear Jake and Kirk give you some tips and advice. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com...
2021-07-0330 min
Jake Of All TradesCredit Card Debt? No LongerAmericans have recently paid off big chunks of their credit card bills, and it seems as though this trend may continue. Banks are starting to lose revenue. This means that banks are searching for ways to actively increase your credit card maximum. The more you have and the more you spend, the more likely you will hold a balance, and thus have interest rates. Jake Rivas gives advice on dealing with this and how to ensure your financial success given this new trend. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning an...
2021-06-1730 min
Jake Of All TradesHow to Adult WIth Jake and JakeToday Jake Rivas and Kirk Barbera are joined by guest Jake Cousineau to discuss his book “How to Adult.” Jake is the author of a book for young adults titled How to Adult: Personal Finance for the Real World. You might even recognize Jake from his $50k Wheel of Fortune payday! In this episode we delve into Jake Cousineau’s financial advice and his philosophy for young adults. And, as always, we try to solve all the world's financial problems. Jake Cousineau is a high school teacher who works to help his students be prepared for their financial future. This i...
2021-04-0833 min
Jake Of All TradesShould Billionaires Exist?DEBATE NIGHT! With Jake and Kirk. On this special edition of Jake of All Trades, Jake and Kirk debate the question of whether or not billionaire’s should exist. Jake takes the negative and Kirk takes the positive. Of course, they don’t mean whether we should jail or deport billionaires, but rather should billionaires be subject to extra taxes or limits? What do you think? Do you think Billionaires should exist? What are the arguments for and against? Tune in for Jake and Kirk’s discussion. *“Tax preparation, planning, IRS representation, and business valuation services offered through...
2021-03-1756 min
Jake Of All TradesReflections on Snowpocolypse 2021!A little bit of snow and the whole world (or Texas) loses its mind! Jake and Kirk discuss their experiences during the power and water outages in central texas. Many people of course were much more negatively affected than Jake and Kirk. There are, however, lessons we can all learn from this fiasco. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the...
2021-03-0832 min
Jake Of All TradesEverything’s Expensive! Inflation 2021Jake and Kirk discuss the ever prevalent issue of inflation. This time with an eye toward how 2021 will likely see a large jump in inflation. Inflation can seem like a simple idea but it can get quite confusing. Jake explains the mindset you need to have when thinking about inflation in 2021 and beyond. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the s...
2021-01-2134 min
Jake Of All TradesFinancial Risks to Watch out For in 2021We would all like to think that 2021 will be all sunshine and roses. While Jake and Kirk are mostly optimistic about the future (especially in comparison to 2020!) there are some important financial challenges to prepare for in 2021. On this episode, Jake will break down some important technical jargon regarding central banking policy, and how a change may be coming that will affect your investments. https://www.ft.com/content/3cf4755f-3514-4131-a814-0fa4a387ca6a *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services ar...
2020-12-3145 min
Jake Of All TradesMost Financial Plans Set to Fail over Next DecadeFor those who have made plans based on past projections of the future, you may be in for a shock. On this episode, Certified Financial Planner Jake Rivas discusses some of the mistakes people are making when planning for their future. Jake and Kirk also discuss the larger economic and political meaning of our current situation, and what it could mean for your wallets. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake...
2020-12-1836 min
Jake Of All TradesDave Ramsey’s Secrets of the Rich (A Reaction)On this episode Jake and Kirk react to a video of Dave Ramsey explaining his secrets of the rich. While there are some aspects in which Jake agrees with Dave, there are many areas of disagreements. Most notably, the ways in which Dave Ramsey obscures the truth. Tune in for a fun reaction video! *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on t...
2020-10-2951 min
Jake Of All TradesPeter Schiff and Joe Rogan on Outrageous Student Loans (REACTION)On this episode Jake and Kirk react to a Joe Rogan Experience podcast clip. In this one Peter Schiff and Joe discuss the causes of the outrageous student loan expenses. Jake and Kirk give their commentary, including some interesting disagreements of Maestro Schiff. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jake...
2020-10-071h 01
Jake Of All TradesBiggest Money Mistakes People Make in a Recession (Part 2)In this two part episode Jake and Kirk go through a recent Wall Street Journal article that presents 30 pieces of advice given by financial experts from various professions, each explaining a unique mistake people make during a recession. The article has CEOs, CFOs, financial analysts, CFPs and everything in between. Jake and Kirk read each piece of advice and give you their take on each one.https://www.wsj.com/articles/the-biggest-money-mistakes-people-make-in-a-recession-11600009201 *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.”
2020-10-0249 min
Jake Of All TradesBiggest Money Mistakes People Make in a Recession (Part 1)In this two part episode Jake and Kirk go through a recent Wall Street Journal article that presents 30 pieces of advice given by financial experts from various professions, each explaining a unique mistake people make during a recession. The article has CEOs, CFOs, financial analysts, CFPs and everything in between. Jake and Kirk read each piece of advice and give you their take on each one.https://www.wsj.com/articles/the-biggest-money-mistakes-people-make-in-a-recession-11600009201 *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to...
2020-09-2454 min
Jake Of All TradesJoe Rogan, Peter Schiff and the Economics of Coronavirus ShutdownsOn this episode Jake and Kirk will be reacting to a clip from the Joe Rogan Experience with guest Peter Schiff. Joe and Peter discussed various aspects of the effects of shutting down the economy, from monetary effects to commercial real estate and more. You’ll be able to hear this clip from Rogan and hear Jake and Kirk’s responses and commentary. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandif...
2020-09-101h 32
Jake Of All TradesThe Art and Science of Bubble HuntingIn this episode Jake and Kirk discuss an article in The Economist about the art and science of bubbles. Today, with the advent of day-trading apps like Robinhood, bubbles have become more prevalent and harder to identify. In this show we discuss what a bubble is and is not and why they are important to understand for our financial future. Here is the article: https://www.economist.com/finance-and-economics/2020/08/19/bubble-hunting-has-become-more-art-than-science *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have...
2020-09-0331 min
Jake Of All TradesTrump's Executive Order: Defer Payroll Taxes?In this episode Jake and Kirk investigate (or try to wrap their heads around) the executive order to defer payroll taxes. Defer till when you say? Well you’ll have to listen to the show! (ok we don’t know either). What is this order supposed to accomplish? What is it really all about? What’s President Trump’s agenda? Check out this episode to find out our thoughts on this order. And visit us on Facebook @jakestwocents to tell us your thoughts on this political move. *“Tax preparation, planning, IRS representation, and business v...
2020-08-2728 min
Jake Of All TradesDoes Day Trading From Your Smartphone Make You a Stock Expert?In this episode Jake and Kirk discuss the Robinhood app, a new global phenomenon where millions of people can trade in individual stocks with just a few dollars. Jake discusses how to think about using this app in your financial portfolio, and whether or not it is healthy to use it as an important investment tool. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may r...
2020-08-2029 min
Jake Of All TradesAre we living in a Dystopia?Jake and Kirk discuss FAANMG (Facebook, Apple, Amazon, Netflix, Microsoft, Google) and ask the question: Is the rise of these enormous corporation a sign of a dystopia? We discuss what a dystopia is and some of our favorite dystopian novels. They also come to a very insightful idea about how reading dystopias can help you plan for your financial future. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake...
2020-08-1328 min
Jake Of All TradesIs Traditional Retirement Dead?Do you plan on retiring? Many Americans are beginning to believe this will be a dream they never achieve? In this episode Jake and Kirk discuss the idea of retirement, and some alternative ways to achieve “retirement,” without actually “retiring.” Also, Kirk proposes a plan to solve all of our social security and college debt problems. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questio...
2020-08-0531 min
Jake Of All TradesBig Six Tech Companies Drive US Economy NowIs it a bad thing? Jake and Kirk discuss an article about the biggest tech companies in the world, “FAANMG” Facebook, Apple, Amazon, Netflix, Microsoft, Google. These six companies collectively are driving the US economy, despite the actions of the U.S. government. Can there be positives in this trend? Tune in and share your thoughts.Article: https://ritholtz.com/2020/07/big-tech-drives-stocks/ Diversification does not assure a profit or protect against loss in declining markets, and diversification cannot guarantee that any objective or goal will be achieved. *“Tax preparation, planning, IRS representation, and business valuat...
2020-07-3026 min
Jake Of All TradesWhere are Americans spending the 6 Trillion Dollars Stimulus?In this episode Jake and Kirk explore aa graph that shows how various groups of Americans are spending the trillions of dollars that has been injected into the economy. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC...
2020-07-1036 min
Jake Of All TradesFinancial Books You’ve Never Heard of but Need to ReadThere are many good financial books that have become popular. Some books like The Richest Man in Babylon profess to share fundamental and timeless insights on how to become wealthy. There are popular books like “I will Teach you to Be Rich,” which claim to give readers insights into the habits of the wealthy. There are also many simple books that give important advice from practical wealth builders. This is not to say one shouldn’t strive to be the Richest man in Babylon, or anywhere for that manner, but it does mean that sometimes a straight-forward and realistic approa...
2020-06-2936 min
Jake Of All TradesIs Now a Good Time to Take out a Loan?With interest rates near zero, many are asking if it is a good time to buy that house, refinance their mortgage or even get a private loan for their student debt. Jake Rivas and Kirk Barbera discuss times when this may be a good move for someone and times when it may not. Even though interest rates are low, it may not be a good idea for some. Tune in to learn the financial concept used by professionals to determine when it may be appropriate to take out that loan. *“Tax preparation, planning, IRS representation, and...
2020-06-1724 min
Jake Of All TradesThe Stock Market Versus The EconomyHow can the stock market appear to be rising as the world ventures further into chaos? Unemployment is still increasing, protesting and looting are occurring and many places are still under quarantine. It would seem logical that the stock market would decrease accordingly, and yet we find that during some of the darkest moments it had actually been on the rise. Jake explains why this happens and how to understand the economy and the stock market Estate planning and legal services offered through Shann M. Chaudhry PLLC are separate and unrelated to Commonwealth. *“Tax preparation, pl...
2020-06-1128 min
Jake Of All TradesMaking Financial Decisions in the New AmericaCan we make future decisions based on the past? The advice given by financial advisors for decades has been to diversify your portfolio and have a long term time horizon for your investments. This advice is based on a glimpse into the past. But what if the future is dramatically different than the past? At what point can we say new financial advice needs to be construed? Jake and Kirk explore this idea and provide some philosophical frameworks for dealing with the uncertainties of our current dilemma. *“Tax preparation, planning, IRS representation, and business valuation services offered th...
2020-06-0342 min
Jake Of All TradesUnderstanding The CARES ACTThe Coronavirus, AID, Relief, and Economic Security ACT (CARES) has been passed, but how does it effect you? This is a 2.2 TRILLION dollar bill (watch Kirk have his mind blown). We all know about the $1,200 checks, but who do they go to and how are they going to receive them? This is only one small part of the act. Jake and Kirk don’t cover every detail of this massive bill, that would take days, but they cover certain critical pieces of information you need to understand. Jake and Kevin Moore of iFinancial answer even more questions in an ar...
2020-05-2634 min
Jake Of All TradesFinancial Advice from Millennials to Class of 2020Your dreams can be built on a river of poop. That’s right. This is a terrible time for a young person to go out into the job market. We have record unemployment and a recession that may rival the 2008 Great Recession, which Millennials experienced back in 2008. Jake and Kirk discuss the general advice they got and lessons they learned from the great recession. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@y...
2020-05-2031 min
Jake Of All TradesAmerica 2.0 What Will It Look Like When We Reopen?Eventually we will re open our economy. And according to epidemiologists like Dr. Amesh Adalja at Johns Hopkins, this virus is here to stay and a vaccine is 12-18 months away best case scenario. This means that there will be a time soon when we reopen and live with coronavirus. That brings up the question, what will the world look like? How might this effect your pocket books, your business, your entertainment, your workplace? Jake and Kirk discuss. What are your thoughts on America 2.0? *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Pl...
2020-05-0735 min
Jake Of All TradesStaying Motivated During Times of Isolation.Jake and Kirk and feeling a bit down. Like most everyone during the lockdowns, they have been struggling with ways to stay motivated, keep working and make the most out of the present realities. What are you doing to stay motivated? *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Se...
2020-05-0124 min
Jake Of All TradesWhat’s happening with student loans in the new stimulus bill?Jake and Kirk discuss what is really happening with student loans based on what we know from this new 2.2 Trillion dollar stimulus bill. Jake also provides good insights on how to use this information for your advantage. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory serv...
2020-04-2311 min
Jake Of All TradesA Financial Planning Strategy To Take Advantage of These Crazy TimesOn this show Jake teaches us all a strategy that may help you take advantage of this strategy. Please note that this is not investment advice. As a certified financial planner, Jake desires to provide his listeners and his clients with real world strategies for long-term wealth building and wealth management. What he talks about is one good technique that is new and possibly useful for you. *On this show Jake teaches us all a strategy that may help you take advantage of this strategy. Please note that this is not investment advice. As a CERTIFIED FINANCIAL...
2020-04-1418 min
Jake Of All TradesA Facebook Feed for Your Money?We’ve got a full show for you today. First Jake and Kirk discuss a potential new financial tool and how it can change your approach to money. They discuss robo-advising and the limits of technology in our lives. Jake also shares a client story you won’t believe! https://www.forbes.com/sites/ronshevlin/2020/03/02/the-next-revolution-in-personal-finance-the-financial-feed/#107e7e652fcf *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake...
2020-03-2527 min
Jake Of All TradesWill the Coronavirus Cause a Recession? Keep your eye on the barbershopsJake and Kirk discuss updates ont he Coronavirus in the U.S. as well as the global consequences of its spread. Jake teaches about recessions and how to act in our current situation. They also talk Olympics 2020, Black Swan Events, and of course, The Office. https://www.nytimes.com/2020/03/03/business/economy/coronavirus-recession.html *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your ques...
2020-03-2134 min
Jake Of All TradesAudit Triggers you Need to KnowWe are happy to introduce new segments to the show. Jake Rivas and Kirk Barbera will still discuss an important financial news artics, but they will include a financial Word of the Day, an incredible financial story from Jake and a things we love about San Antonio. In this episode Jake and Kirk discuss the 12 audit triggers that catch the eyes of the IRS. https://www.thebalance.com/top-audit-triggers-that-catch-irs-attention-4153034 Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake...
2020-03-0534 min
Jake Of All TradesWhat’s the difference between Tax Preparation and Tax Planning?On this episode Jake discusses the difference between tax prep and tax planning. Jake and Kirk also discuss an article on Nerd Wallet “Tax Planning for beginners.” While paying your taxes may not be the most exciting event of your year, learning to strategize with your money by understanding the tax system is a critically important part of maintaining your growing wealth. https://www.nerdwallet.com/blog/taxes/tax-planning/ Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitte...
2020-02-1429 min
Jake Of All TradesThe Setting Every Community Up for Retirement Enhancement (SECURE) ActA very important bill was passed in 2019. The SECURE act effects almost every single person in America. It will change the way retirees make financial strategies for the rest of their lives. Jake Rivas goes through the most important points to understand about this act. https://www.youandifinancial.com/the-setting-every-community-up-for-retirement-enhancement-secure-act/ Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Re...
2020-01-2314 min
Jake Of All TradesWhat War with Iran Could Mean for MarketsWhat War with Iran Could Mean for Markets On this episode Jake Rivas and Kirk Barbera tackle of a very complicated issue: Potential war with Iran and its impact on markets. Their approach is to help sift through facts and differentiate from perception. People often make fear-based decisions. How should you react financially given the realities of what we know and what we do not know about a potential war with Iran? https://blog.commonwealth.com/independent-market-observer/what-would-a-war-with-iran-mean-for-the-markets Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may re...
2020-01-1529 min
Jake Of All TradesJ&K #24: The 7 Year Auto LoanThat’s right, a 7 year auto loan. Why would you ever take out a loan on a car that would last longer than the value of the vehicle? There are thousands of these loans being taken out and Jake and Kirk discuss the ins and outs of these loans, why someone would take one, and Jake’s professional advice on this form of debt. This was a fun one you won’t want to miss! https://www.wsj.com/articles/the-seven-year-auto-loan-americas-middle-class-cant-afford-their-cars-11569941215?mod=e2fb&fbclid=IwAR0JEaXaXy5hclyb6-D0s2CINr_PCwZyi6pqSgE8GdK7kxo3INBjmlczUGU Hav...
2019-12-0525 min
Jake Of All TradesFinancial Tip: Investing with Your valuesDid you know you could invest based on your personal values? Jake Rivas explains how to craft a portfolio based on the ideas and values important to you. This could be important current events or even deeply held beliefs. Jake provides three main concepts to help you solidify your approach when selecting companies to invest in. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Me...
2019-11-1205 min
Jake Of All TradesJ&K #17: Should American Government Privatize Fannie Mae and Freddie Mac?The current administration is considering privatizing Fannie Mae and Freddie Mac. In 2007, these organizations were privatized. It was after the 2008 crisis that the government stepped in. Is this a good move by the government? If this occurs what would be the effect on normal Americans? Jake Rivas and Kirk Barbera have an interesting conversation about this controversial topic. https://www.wsj.com/articles/a-primer-on-the-future-of-fannie-freddie-11566898207 Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents ...
2019-09-1028 min
Jake Of All TradesJ&K 16: Understanding the long-term effects of a protracted trade war with ChinaOn this episode Jake Rivas and Kirk Barbera discuss a Bloomberg.com article “U.S. Stocks Plunge Most in 2019 on Trade Tension.” Now that investors are beginning to grasp the potential for a long-term trade conflict, they are shifting their investments to haven investments (gold, cryptocurrency.) Meanwhile, China is (supposedly) lowering their own currency. Jake explains all of this and how it affects you. Tune in! Bloomberg Article: https://www.bloomberg.com/news/articles/2019-08-04/asia-stocks-set-to-drop-with-trade-back-in-focus-markets-wrap?srnd=premium Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may re...
2019-08-2022 min
Jake Of All TradesJ&K $15: Why are Interest Rates so Low and What Should You Do?When the federal reserve changes its interest rate policy, how does this affect you? Since the 2008 financial crisis interest rates have been set quite low in historic standards. Growth occurred slowly despite the change in interest rate policy. This very well may change the way interest rate policy will be determined in the future. Jake Rivas and Kirk Barbera discuss this change in the interest rate policy and how you can plan your financial future around these changes. https://www.bloomberg.com/news/articles/2019-07-23/a-decade-of-low-interest-rates-is-changing-everything?srnd=businessweek-v2 Have questions about managing your financial...
2019-08-0729 min
Jake Of All TradesJ&K #14: Should University Be Free?Many of the Presidential candidates running in 2020 have advocated either eliminating student debt and/or making university free of cost to students. Jake and Kirk discuss the impacts of these potential policies on the country and on your individual financial plans. For instance, should you stop making payments on your current debt if it might be eliminated? Tune in for Jake’s answer. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advis...
2019-07-3026 min
Jake Of All TradesJ&K 11: INHERITED WEALTHWhat would you do if you suddenly received $500,000 from an inheritance (after taxes?) On this episode Jake Rivas and Kirk discuss what they would do as well as some smart strategies to deal with an influx of cash. Also, they discuss common pitfalls which can lead to ruin. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered In...
2019-06-0622 min
Jake Of All Trades#10 J&K TARIFFS! TARIFFS! TARIFFS!A tariff is a fee that foreign companies have to pay in order to import their goods or services into the United States. On this episode Jake Rivas and Kirk talk about the impact of the new tariffs on the economy as well as how this can affect your personal finances. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered In...
2019-05-2925 minJake Of All TradesGROW DISRUPT! Your business with guest Stephanie SchellerJake Rivas interviews entrepreneur Stephanie Sheller of GROW DISRUPT (https://www.growdisrupt.com/) Stephanie has a great story of quitting her high paying corporate sales job to found her own business. Jake and Stephanie talk about her investment strategy now that she is several years into the business and it has grown significantly and can pay solid dividends every quarter on top of salaries for her and the employees. They discuss such topics as planning for profits as well as the pitfalls of planning too much; protection measures for businesses; painful business lessons; and much more! Have...
2019-05-1627 min
Jake Of All Trades08 J&K: Is Wine a Good Investment?And other alternative investments. A recent article in the Economist illustrates the benefits and difficulties in alternative investing. What is an alternative investment? Are all trades on the future alternatives? How can you be smart about entering this risky venture? CHeck out this show for some practical advice from Certified Financial Planner Jake Rivas. https://www.economist.com/finance-and-economics/2019/04/05/investing-in-fine-wine Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory se...
2019-04-2625 minJake Of All Trades07: Jake and Kirk: Two Guys Talk Cost of Having ChildrenObviously there are many reasons to have children. And of course there are emotional and physical costs involved. On this episode Jake and Kirk discuss (mostly) the financial costs of having children and how to plan for them. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual pe...
2019-04-1736 min
Jake Of All Trades06 Jake and Kirk: How Financial Planners get paidWhen you are ready to work with a financial planner, we want to make sure you are asking the right questions and that you make the right decision for you. There are a lot of ways that financial planners can lead you astray, so be mindful. In every profession there are shady figures in the darkened alleys, and with the internet that shady character can be right around the corner. Make sure you understand the different ways that financial planners get paid, the pros and cons of each. Most importantly, learn how to determine which financial planners are best...
2019-04-0121 min
Jake Of All Trades05 Jake and Kirk: Are you Ready for The Tax Reforms?There’s a new tax reform bill. Are you ready for it? Will it effect your positively or negatively? In this episode Jake Rivas and Kirk discuss the new bill and Jake walks you through a website that you can use to better understand where you fall within the new rules. Most people give little notice to taxes, instead relying on experts. This is a good idea. But as Jake argues it is often very helpful to be aware of how taxes and new tax reforms effects your overall earnings. Have questions about managing your fi...
2019-03-2543 min
Jake Of All Trades04 Jake and Kirk Show: Could we be headed toward a recession?Recessions are a normal part of the economic cycle in America. We all know that eventually we will hit some form of a correction. Many experts are now claiming that recession is just around the corner. What indicators do these experts use to determine this? How can we identify a recession and most importantly what should you be doing with your finances in a recession? Join Jake and Kirk as they discuss this important 2019 financial issues. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show!...
2019-03-1139 min
Jake Of All Trades03 Jake and Kirk: Trimming Your BudgetHave you ever experienced the storm of the century in your bank account? That’s when all your subscriptions—monthly, quarterly, yearly—hit all at once and you look up to a sunken bank account. On this episode Jake and Kirk discuss a great website and app that they found which helps to eliminate this problem by automatically tracking your subscriptions and helping you easily delete the ones you no longer need. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitt...
2019-02-2618 min
Jake Of All TradesSPECIAL: Jake and a ClientOn this episode Jake Rivas chats with client and co-host the Roaming Entrepreneur about his own personal finances. Get a sneak peek on what it is like to work with Jake Rivas. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will vary. These...
2019-01-3133 min
Jake Of All Trades02 The Coin and the Ass Show: GOVERNMENT SHUTDOWN!What is the impact of the government shutdown in your life? For those involved in the government agencies directly effected, it means not receiving a paycheck. The December 2018-January 2019 government shutdown under President Trump marks the longest shutdown in American history. How does this effect ordinary Americans? How will it effect the stock market, even after the government resumes normal services? Tune in to hear Jake Rivas and Kirk Barbera discuss this most historic moment and how you can manage the near and long-term ramifications on your financial life. Have questions about managing your financial...
2019-01-2336 min
Jake Of All Trades001 The Coin and the Ass ShowCertified Financial Planner, Jake Rivas, and co-host, The Roaming Entrepreneur, Kirk Barbera, chat about how to plan your 2019 finances. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will vary. These interviews do not constitute a recommendation as to the suitability of a...
2019-01-1519 min
Jake Of All TradesCall-in #1: Running away from debt!Kirk, a previous guest on the Jake of All Trades Show, has been on the road in an RV for the last several months. Now Jake is checking in to talk finances. On the show they discuss strategies to deal with a variable income, random setbacks, and whether or not it is a good idea to tell debtors your new location. Have questions about managing a freelance financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents ...
2018-12-1922 min
Jake Of All TradesLivin in an RV with Kirk BarberaKirk Barbera has recently sold most of his belongings, his townhome and decided to live in an RV. He's not retired. He's not crazy (we dont' think). He is a media producer who found RV life to be an optimal way for him to live. In the podcast Jake Rivas talks with Kirk to discuss what life is like in an RV and what are the financial considerations when buying an RV. They also discuss lifestyle choices and how to make your own decision. Ways to get ahead by subtraction rather than addition F...
2018-10-111h 06
Jake Of All TradesFiesta FinancesWhat would you do with an extra $10,000? And what SHOULD you do with it? April was financial literacy month AND Fiesta for San Antonians. So your host Jake took to the streets at the Battle of the Flowers to ask the people what they would do with $10,000. Jake asked a variety of fun and interesting San Antonians what their 18 year old self would do with the extra windfall money and then what they should do with it. There were three themes that came out of his discussion: Instant gratification versus delayed...
2018-06-1431 min
Jake Of All TradesThose Wedding Bell Finances!The expense of a wedding can not only follow you for years, it can literally ruin your marriage! How you make wedding decisions and how you deal with the money questions as a couple is a barometer for how your marriage will go. Our relationship to money affects how we treat others and ourselves. If you have an unhealthy relationship to money it will cross over to your relationship with your partner. Jake talks with Wedding Planner Jordan Maney of www.allthedaysweddings.com and her experiences in planning weddings. Jake and...
2018-05-1026 min
Jake Of All Trades#18: Financial Life After CollegeOn this episode your host Jake Rivas hit up one of San Antonio’s favorite coffee shops, @localcoffee to talk with real live young professionals about how they are managing their new financial problems and successes after college. In this episode: Learn what to do with excess cash! How to “find yourself” in your post college financial situation Extended education finances Dealing with the cost of continued education Discovering if college really is a good investment for YOUR future Listen to stories from different levels of real world San Antonio young professionals. Have questions about Financ...
2018-03-1528 min
Jake Of All Trades#17: Traveling on a Budget with Guest Chase AbendscheinMillennials have been bitten by a travel bug. But despite the images to travel, travel, travel, many of us are reluctant. The number one reason cited for not traveling more: NO MONEY! Jake Rivas sits down with world traveler, and cubicle worker, Chase Abendschein to discuss tactics and strategies to travel the world on any budget. ANY BUDGET! In this episode you'll learn How to find your "pack" Why travel is so easy How our parents traveled vs. how their children should travel Where to find places to stay How to choose destinations on a...
2018-03-0537 minJake Of All TradesJake of All Trades: Episode 16: Employees with BenefitsA growing number of people now consider employee benefits to be a determining factor when choosing a job. Are you familiar with what to look for and are you taking advantage of everything your benefits package has to offer? Tune in to hear from an industry expert and stay informed! Don’t forget to submit your questions to jake@youandifinancial.com, and follow me on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Act...
2018-01-1835 minJake Of All TradesJake of All Trades: Episode 15: Financial Resolutions for the New YearHave you been trying to set some financial goals without any luck in making them stick? New Year’s is the perfect time to start fresh! I had the opportunity to interview guests at Tech Tuesday and got some great resolutions! Tune in to hear my feedback, get some resolution inspiration if you need some, and to hear my awesome New Year’s jokes (you won’t regret it)! Don’t forget to submit your questions to jake@youandifinancial.com, and follow me on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial...
2018-01-0520 minJake Of All TradesJake of All Trades: Episode 14: Bad Santa Money is flying everywhere over the holidays, are you keeping track?! If you’re not careful you could find yourself falling prey to Bad Santa, aka countless phishing scams that are constantly taking place. Tune in to hear from two experts on the matter to make sure you’re staying informed! Don’t forget to submit your questions to jake@youandifinancial.com, and follow me on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency...
2017-12-1524 minJake Of All TradesJake of All Trades: Episode 13: ’Tis the Season To Be 80% Nice and 20% NaughtyIt’s that time of the year already–the time for hot chocolate, putting up decorations, and buying presents (aka the time of the year your bank account takes a hit)! If you’re fortunate enough to receive a holiday bonus, this episode is for you! What should you be spending that extra cash on? Tune in to find out! Don’t forget to submit your questions to jake@youandifinancial.com, and follow me on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insu...
2017-11-3017 minJake Of All TradesJake of All Trades: Episode 12: Investing with Good PeopleInvesting can be an intimidating topic. For this week’s episode I got to interview advantageous millennials at the annual Good People SA event downtown. Everyones response to the question “what comes to mind with you think of investing?” was interesting to say the least (shout out to the guy who answered “pain and suffering”. You’re probably not alone)! Tune in to hear all the responses and my take on investing! Don’t forget to submit your questions to jake@youandifinancial.com, and follow me on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Fi...
2017-11-1728 minJake Of All TradesJake Of All Trades: Episode 11: The Walking DebtUnless you live under a rock, you know about or watch The Walking Dead. I, like most people, have a minor (okay maybe major) obsession with the show so I decided to tie it in with this week’s episode: The Walking Debt…see what I did there? Characters in The Walking Dead have zombies to worry about, but thankfully out here in the real world we just have debt, see it doesn't sound too bad when you compare the two! Tune in to find out the results I got from my Facebook poll where I asked the question “Does go...
2017-11-0224 minJake Of All TradesJake Of All Trades: Episode 10: The Upside DownIn light of Stranger Things (one my favorite TV shows premiering this October) I decided to title this weeks’ episode: The Upside Down. Do you know all the ins-and-outs of buying or leasing a car? There’s more in play than you might think! To avoid getting stuck in the upside down world of poor financial decisions tune in to hear from an expert in the industry, and for a case study on Steve and Nancy. I would have used Barb, but you know why I didn’t if you watch the show (RIP Barb). Don’t forget to submit y...
2017-10-1924 minJake Of All TradesJake Of All Trades: Episode 09: The True Cost A lot of us are at that point in our lives where we’re considering either renting or buying a property. There are pros and cons to both sides and one option certainly might not work for the next. The important thing is that an educated decision is the best way to go! In this episode we’re going to get the viewpoint from all angles. Tune in to get some opinions for your next big financial decision! Don’t forget to submit your questions to jake@youandifinancial.com, and follow Jake on Twitter and Facebook @jakestwocents. Securities and advisory services...
2017-10-0539 minJake Of All TradesJake Of All Trades: Episode 08: Leap Of Faith Going out on a limb for something you believe in can be more than intimidating–it can also be a financial strain. It’s completely up to you if you want to take a financial risk when it comes to your career but if it’s something you love, it could be more than worth it. Tune in to get some encouragement from a couple who went all in! Sometimes all it takes is a leap of faith! Don’t forget to submit your questions to jake@youandifinancial.com, and follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services o...
2017-09-2136 minJake Of All TradesJake Of All Trades: Episode 07: The DreamWe shouldn’t stop dreaming big just because we’re adults now! On this week’s episode, The Dream, we’re going to cover the question: “How do you envision your retirement and how will you get there?” I’m bringing you real advice from vacationers in JAMAICA, and let me tell you–these people are really living the dream! Your vision for retirement doesn’t just have to be an out of reach goal–if your finances are on track, it could be completely attainable! Tune in to hear my take on things, as a Financial Advisor to Millennials. Don’t forget to subm...
2017-09-0718 min
Jake Of All TradesJake Of All Trades: Episode 06: Imagine If You WillIt seems the older we get, the faster time passes. On this week’s episode, Imagine If You Will, we’re going to cover the question: “What have you done to plan for your financial future?” I know it can be a daunting task but if you’re not actively planning now, you could find yourself wishing you had started sooner. Tune in to hear my take on things as a Financial Advisor to Millennials, to find out what the 3 “C’s” are for successful planning, and a list of great tools that could make your planning process run more smoothly! S...
2017-08-2433 minJake Of All TradesJake Of All Trades: Episode 05: Last ResortAs we know, life is unpredictable. This is why I’ve decided to title this weeks episode “Last Resort” and asked the question: In the event of an emergency, where would you go to get money, and how much do you think you need in an emergency fund? While I hope you never find yourself in a last resort type of situation, I want to make sure you’re prepared none the less! Tune in to hear my take on things, as a Financial Advisor to Millennials, and don’t miss our fun segment on some bizarre ways to make a little e...
2017-08-1033 minJake Of All TradesJake Of All Trades: Episode 04: Phone A Friend In today’s world we have an infinite amount of sources to draw from when we need advice on something…but is that a good or a bad thing when it comes to personal finances? In this week’s episode, Phone a Friend, I addressed the questions: Where do you get your financial questions answered, and who do you go to for help? You might be surprised to know that your mom or dad might not be the best source. Tune in to hear my take on things, as a Financial Advisor to Millennials! Submit your questions tojake@youandifinancial.com, and fo...
2017-07-2740 minJake Of All TradesJake Of All Trades: Episode 03: #PrioritiesWhat are your financial priorities? Are they in order? No need to worry if they’re not where you want them to be! Jake to the rescue! In this episode, #priorities, Jake helps sort out what to focus on first. Hear Jake Rivas, Financial Advisor to Millennials, ask three interviewees what they think they should focus on first–debt, emergency funds, building assets, etc. Find out if you have similar answers, and to hear Jake’s financial advice! Submit your questions to jake@youandifinancial.com, and follow Jake on Twitter and Facebook @jakestwocents Securities and advisory...
2017-07-1417 minJake Of All TradesJake of All Trades: Episode 02: FearFor our second episode, Jake Rivas, Financial Advisor to Millennials, addresses your biggest fears about finances. Three interviewees were asked one question: What scares you most about your financial future? You may be surprised to find that many Millennials fear similar things! Tune in to hear Jake’s real world financial advice, and to get take-aways that will help you take control of your finances. By the end of this episode you’ll see that there’s nothing to fear, when you have Jake’s advice in your ear! Submit your questions to mailto:jake@youandifiancial.com, and follow Jake on...
2017-06-1521 min
Jake Of All TradesJake Of All Trades: Episode 01: Reality CheckIn our first episode, Jake Rivas, Financial Advisor To Millennials, is giving our guests a reality check. He will be asking three millennials, just like you, two questions: What do you spend your money on? and what should you spend your money on? The answers will surprise you! Jake's gives real world feedback about financial obstacles many of you are facing today. As always, you will get real life tools you can use to take control of your financial future. Submit your questions to jake@youandifinancial.com , contact twitter.com/jakestwocents, Facebook @jakestwocents Securities and adv...
2017-05-2227 min
Jake Of All TradesJake Of All Trades: Episode: 000 PilotEvery week Jake Rivas, Financial Advisor To Millennials, will hit the streets, coffee shops, and restaurants to get raw feedback from YOU about the real financial obstacles you are facing today. Jake will help you take the guesswork out of managing your money choices while curating and sharing the the best advice and insights into making smart money choices. Jakes Two Cents will help you navigate credit, financial debt, saving for the future, student loans, mortgages, travel, money, lifestyle, and more. You will get real life tools you can use to take control of your financial future. Submit your qu...
2017-05-1606 min