264 episodes

Every 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 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 questions to jake@youandifinancial.com , contact twitter.com/jakestwocents, Facebook @jakestwocentsSecurities 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 any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances.

Jake Of All Trades Jake Nuno: Financial Advisor and Financial Guru

    • Business
    • 4.8 • 18 Ratings

Every 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 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 questions to jake@youandifinancial.com , contact twitter.com/jakestwocents, Facebook @jakestwocentsSecurities 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 any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances.

    Worst Financial Decisions on the internet!

    Worst Financial Decisions on the internet!

    Ever grappled with a financial decision that felt like a fork in the road of life? Join us, Jake and Kirk, as we recount tales that merge money with the heart, drawing wisdom from those who've walked the path before us. Today's episode is a deep dive into the shadows of sacrifice and regret—those moments when we choose between material wealth and the riches of life. We start by sharing stories from the "Ask Old People" community on Reddit, where raw experiences shed light on the tough trade-offs between financial gain and personal values, such as relinquishing a lakeside property for family's sake.

    Money and friendships can mix like oil and water; we've all been there. We unravel the complexities of financial entanglements with pals, recounting cautionary tales that might make you think twice about mixing your wallet with your social circle. From selling cars to loaning cash, the anecdotes we bring to the table illuminate the nuances of trust, character, and the sometimes-hidden costs of generosity. We don't just tell you what went wrong—we explore how to navigate these murky waters, hopefully without capsizing your relationships or your bank account.

    As we wrap things up, we take a step back to appreciate the twists of fate that finances can cast upon our life's journey. Reflecting on the bittersweet sting of selling inherited stocks too soon or the enduring debate of investing in a liberal arts degree, we contemplate the 'what ifs' and the wisdom of hindsight. These tales aren't just about money; they're about the chapters of our lives we write with every choice we make. So, if you're seeking guidance, inspiration, or just a good story that resonates with the ups and downs of financial planning, you've hit the jackpot with this episode.
    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 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 any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances. I*financial is located at 1901 NW Military Hwy. STE. 102. San Antonio, TX 78213. Phone number 210-342-4346

    • 32 min
    Asking Reddit: Pay for Life Insurance or Save for Retirement?

    Asking Reddit: Pay for Life Insurance or Save for Retirement?

    Ever found yourself struggling to navigate the choppy waters of financial planning? You're not alone. In our latest podcast episode, we tackle the real-life conundrum faced by a Reddit user - the challenge of choosing between funding their Roth account or maintaining a whole life insurance policy amid the rising costs of a new home purchase. As your hosts, Jake and Kirk, we dissect the intricate details of whole life insurance policies, with a special focus on their savings component. We'll also dive into how they measure up against the benefits of a Roth account, shining a light on the decision-making process for those in a lower tax bracket, and addressing the elephant in the room - the potential conflicts of interest lurking behind financial advisors' recommendations.

    This episode isn't just about making tough calls; it's an expedition into the vast landscape of life insurance and its role in securing your financial future. We discuss the merits of term insurance versus the investment-like allure of whole life policies, and we don't shy away from the hard-hitting realities of biased advice. With our expertise, we aim to guide you through understanding the true motivations behind the guidance from financial advisors, many of whom might also be insurance salespeople. Our conversation is candid and tailored to empower you with knowledge, so you can seek out a financial advisor who truly has your best interests at heart. Join us as we illuminate the importance of making informed decisions that resonate with your personal financial goals, and help you embrace the art of managing life insurance and retirement savings like a pro.
    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 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 any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances. I*financial is located at 1901 NW Military Hwy. STE. 102. San Antonio, TX 78213. Phone number 210-342-4346

    • 22 min
    Navigating the Waters of Love and Money: The Great Debate on Merging Finances in Relationships

    Navigating the Waters of Love and Money: The Great Debate on Merging Finances in Relationships

    Are your finances and romance on speaking terms, or is it time they got relationship counseling? On the latest Jake of all Trades show, we grapple with the question that has couples scratching their heads: to merge or not to merge money? I, Jake Nuno, financial guru, and my co-host Kirk navigate the stormy seas of joint bank accounts and individual financial freedom. We dive deep into the psychology behind shared wallets, offering you practical and thought-provoking insights. Whether you're tying the knot or just trying to tie up your financial loose ends together, we've got the blueprint for monetary bliss in matrimony. 

    When love and money mix, the cocktail can either be intoxicatingly successful or a recipe for disaster. We throw down the gauntlet on income disparity in relationships, dissecting how an executive and a teacher can sail in unison on the choppy waters of their joint fiscal voyage. We don't just stay aboard the ship of high-earning couples; we also chart the course for partners where one may not be as financially savvy. From societal expectations to the often invisible contributions of household management, we unpack the complex interplay between love, money, and power dynamics, ensuring you're well-equipped to navigate these treacherous currents.

    Ever wonder if your partner's secret shopping spree is a flare signaling SOS? This episode isn't shy about revealing the hidden icebergs of financial infidelity that can sink the strongest of relationships. We advocate for open communication channels and joint financial strategizing sessions, all to avoid the silent undercurrents that can lead to a couple's downfall. We're not just here to preach financial unity; we're here to embolden you and your significant other to build an empire, brick by brick, with transparency and trust as your cornerstone. So tune in, take notes, and let's pave the road to your joint financial future—with a dash of humor and a wealth of knowledge.
    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 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 any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances. I*financial is located at 1901 NW Military Hwy. STE. 102. San Antonio, TX 78213. Phone number 210-342-4346

    • 34 min
    Real Stories of Financial Missteps in Love and Work

    Real Stories of Financial Missteps in Love and Work

    Ready to uncover the secret pitfalls of financial decisions in marriage? We're pulling back the curtain and sharing real stories of monetary missteps that have rocked relationships. We don't just stop at the mistakes, though. We offer valuable insights and advice on how to avoid these blunders, whether you're single, engaged or already hitched. We're getting real about love and money, highlighting the importance of aligning financial priorities before saying "I do."

    We also take a deep dive into how fashion and boomer parents’ advice play a unique role in shaping our financial decisions. We're dissecting the fascinating intersections of finance and career, shedding light on how workplace expectations and entitlement can wreak havoc on your financial health. Drawing from our own experiences and a few enlightening Reddit submissions, we're dishing out some hard-hitting advice that might just save you from your own financial folly. So buckle up and get ready for a no-holds-barred exploration of finance, fashion, and relationships.
    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 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 any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances. I*financial is located at 1901 NW Military Hwy. STE. 102. San Antonio, TX 78213. Phone number 210-342-4346

    • 44 min
    The Domino Effect of Real Estate Doom Loop on the Banking System

    The Domino Effect of Real Estate Doom Loop on the Banking System

    Could the American real estate market be on the brink of catastrophe? That's what an intriguing Wall Street Journal article suggests and today we're breaking it down for you. We're delving into the foreboding concept of a 'real estate doom loop' and the potential threat it poses to our banking system. Exploring the unique application of a doom loop across various cultures, countries, and circumstances, we go deep into the implications of a higher percentage of lending portfolios being tethered to commercial real estate loans. We're also shining a spotlight on the Federal Reserve's interest rate hikes and discussing how this could set off a domino effect leading to a second banking crisis.

    But it's not all gloom and doom. We also turn our attention to the future of commercial real estate and the opportunities that lie within the challenges. Consider this: what if vacant commercial buildings were transformed into residential or mixed-use spaces? This could ease population density problems and even open up unique investment avenues. We discuss the role of interest rates in this scenario and consider if mega corporations could leverage discounted housing as a new form of employee compensation. To wrap things up, we share some crucial insights on investment risk and stress the importance of consulting a financial advisor. Get ready for a thought-provoking conversation that will change the way you view the real estate market.
    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 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 any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances. I*financial is located at 1901 NW Military Hwy. STE. 102. San Antonio, TX 78213. Phone number 210-342-4346

    • 26 min
    Rethinking Mortgages: From Debt Fear to Financial Freedom

    Rethinking Mortgages: From Debt Fear to Financial Freedom

    Imagine if your mortgage, that debt you've been conditioned to fear, was actually a step towards financial freedom? That's the provocative idea we tackle in today's episode as we challenge the conventional wisdom surrounding debt. We share personal anecdotes of navigating the complexities of owning an appreciating asset and the benefits of tax deductions. We also share our insights on why paying off a mortgage early might not always be the best strategy, especially if the interest rate is low.

    We don't stop at mortgages though. We delve deep into the role of money as an IOU for the future and discuss the psychology behind the distrust people often harbor towards money and the market. We talk about the emotional aspect of bearing a mortgage debt and address the fear associated with it. Moreover, we shed light on the concept of productive and non-productive debt, emphasizing the importance of understanding the difference. To round off, we share three practical strategies for paying off mortgage debt and underscore the importance of caution and transparency when dealing with mortgage lenders. Join us for this eye-opening discussion as we reframe the narrative on mortgages and financial 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 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 any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances. I*financial is located at 1901 NW Military Hwy. STE. 102. San Antonio, TX 78213. Phone number 210-342-4346

    • 26 min

Customer Reviews

4.8 out of 5
18 Ratings

18 Ratings

Trevor Oldham ,

A must listen!

Jake is a great host and I highly recommend listening to his podcast, especially if you are a millennial

Jrivas1 ,

A refreshing voice for personal finance

This show is a unique concept. Bringing financial advice to a generation that so desperately needs it.

Kirk Barbera ,

San Antonio specific, broadly applicable.

I live in San Antonio where this show is based. It's great financial advice with a specific San Antonio slant, but the advice is helpful anyway. Jake also has a great way of getting to the heart of difficult financial problems.

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