YouTube user Macmixing has posted a tutorial video on how to jailbreak iOS 7.1.1. The process can be intimidating for some, but this video walks you through the process step by step. There are a pair of caveats here. You'll need Pangu's tool and a Windows computer to get the job done; we'll leave it to you to find a download spot for this tool if you deem it necessary to jailbreak your devices.
So, have at it if you're interested. Just be aware of the risks. If you don't know what you're doing, this is not a good idea.