Jake Of All Trades

The website MarketWatch features an advice column by “The Moneyist.” One recent article that caught our attention was about a young woman who was considering a prenup with her female partner before marriage. Her reasoning was that she made six figures while her partner only earned $50,000 and was “less ambitious.” On this episode Jake and Kirk discuss finances and romance. Here is the discussed ar...

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? Join...

Achieving 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...

On 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 liv...

Although 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 separa...

There are tons of amazing tips and tricks and principles in the self help world of personal finance. We at Jake of All Trades hope that we can help you learn some of these. But sometimes, as in the case with the current inflation, personal finance tips may not be sufficient to overcome your current issues. What then? What can we do and what should we do when the world outstrips all of the work and...

Today 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...

Are Americans becoming more optimistic about the future of their finances? Jake and Kirk Discuss. Have questions about managing your financial lifestyle? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show! Follow Jake on Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investmen...

The great resignation is still underway. Everywhere we look are “hiring” signs. People continue to quit their jobs for a more free-lance lifestyle. But how can you do it? Should you do it? When should you consider quitting your job and when should you stick it out? Also, what financial steps should you consider when quitting your job? Jake & Kirk discuss these questions and more.   *“Tax prepa...

One joy of traveling is to spend time experiencing the world with people you love. That can be family and friends. On this episode Jake and Kirk discuss some strategies to make sure you stay friends while traveling! It can sometimes be tricky and it may require an uncomfortable conversation or two, but it will be worth it. *“Tax preparation, planning, IRS representation, and business valuation ser...

Should a male who prefers to wear dresses and make-up put on a suit and tie in order to ask for a loan? There are biases that still persist, particularly in the financial realm. On today’s show Jake and Kirk discuss some of the continuing challenges for LGBTQ community, and what individuals in that community can do about it. *“Tax preparation, planning, IRS representation, and business valuation s...

End of life planning is never an easy topic. However, it is an important one. On this show Jake and Kirk discuss some of the unique difficulties being in a same sex relationship can add to this question. They are solvable problems, but ones that need to be addressed. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation...

As Cryptocurrency grows, so do the scams. On this show Jake and Kirk discuss some common ways people have been scammed with Crypto. *“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@youandifinancia...

Jake and Kirk get heavy with this one as we discuss discrimination. They don’t focus solely on LGBTQ+. There is an exploration of the strategies that hinder marginalized groups from attaining long term and sustained financial success. You won’t want to miss this one. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation...

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 sh...

Have you ever had to call the IRS? Well if you have to do so in 2022 be prepared for unprecedented delays. Jake and Kirk will discuss the causes of these delays (and Kirk’s usual solution) but also some ways to prepare for these delays. This is particularly important if you are expecting a tax return at a specific time. *“Tax preparation, planning, IRS representation, and business valuation servic...

Join Jake and Kirk in taking this financial fitness test. They will explain the test as they go and give you their thoughts on the conclusions. You will be able to take the quiz just by listening, though it helps to have a piece of paper. As always drive safe of course!   Here is the quiz: https://apple.news/AvuItoFZTTSOJqLt_8rkX8Q *“Tax preparation, planning, IRS representation, and business valu...

On 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-...

As usual the answer isn’t simply that you have money for a downpayment. There are many factors you should consider when thinking about buying a home. As it happens, Kirk is contemplating buying a home in Austin, but he is uncertain given the market. You’ll enjoy this conversation applying different financial principles to this big question.   *“Tax preparation, planning, IRS representation, and bu...

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...

On this episode Jake and Kirk discuss a financial blog post about unique ways to think about money. Are the popular ways of “rethinking” money really that new and unique? What can we learn from the various ways people think about money, both typical and contrary? Tune in for a lively discussion! Here is the blog discussed: ​​https://contrarianliving.blog/change-the-way-you-think-about-money/ *“Tax...

There is an electric car manufacturer named Rivian that has recently made the news, not due to revolutionary new technology, but the fact that it has raised billions in capital and yet has barely sold any cars. Is there any legitimacy to this investment trend? Is this a good or bad sign for electric vehicles? Jake and Kirk will be discussing what can be learned from Rivian. *“Tax preparation, plan...

We all know that giving can make us feel good, be part of a community, and help those in need. There are education charities, food banks, arts nonprofits and much more. Why and how much you give is a personal matter. However, there are many tax advantages and benefits to giving. On this episode and the next episode we will be going in-depth on 5 tax-savvy ways to give to charity. *“Tax preparation...

We all know that giving can make us feel good, be part of a community, and help those in need. There are education charities, food banks, arts nonprofits and much more. Why and how much you give is a personal matter. However, there are many tax advantages and benefits to giving. On this episode and the next episode we will be going in-depth on 5 tax-savvy ways to give to charity. *“Tax preparation...

On this episode Jake and Kirk discuss some of the espoused causes of the recent supply chain meltdown and how it will affect your life. Kirk also poses a potentially unexplored reason for the meltdown. https://www.linkedin.com/pulse/kinks-global-supply-chain-from-j-i-t-j-i-c-edward-yardeni/?trk=eml-email_series_follow_newsletter_01-hero-1-title_link&midToken=AQEE1Ne3ahfAgQ&fromEmail=fromEm...