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SoFi’s January Roundup



The new year is here, and we’re going to focus on some things in life that we each can exert some control over — that is, personal finances and how we can all improve our money management skills, in good times and bad.

This month, we’re looking at how to save up for some of life’s big expenses, like buying a new (or new to you) vehicle. If buying a new car is your plan for 2021, doing some research by comparing a variety of makes and models is a good way to start. This article walks you through everything you need to know about saving up for a new car.

Planning for Babies, Two- or Four-Legged

If you have a baby on the way, congratulations! You probably already know this is one of life’s biggest expenses, but do you know how to optimize your budget for your new bundle of joy? Never fear. With this article, you can plan for the upfront and ongoing costs of having a baby.

Likewise, if you’re looking to add a fur baby to your family this year, we’ve got you covered. Here’s everything you need to know about how to budget for a new pet.

Preparing for a Wedding, Big or Intimate

Whether you’re planning for a post-vaccinated world and going big or playing it safe and going cozy, we’ve got budgeting tips for your trip down the aisle. The average cost for a wedding is over $30,000. Here’s what you can do to keep your wedding on budget.

If you’re serious about saving money and keeping yourself as stress-free as possible in these challenging times, we’ve also rounded up some guidance from around the internet to help you do just that.

You may also like:

•  The holidays are over and, for some people with kids, that can mean a lot of new toys to step over, pick up and find storage for. If you’re feeling like your home has been taken over by your kids’ playthings, here are 10 ways you can donate some of their old toys .

•  Many Americans are struggling financially due to the coronavirus pandemic, but there are little things we all can do to pinch pennies. Here are 50 easy ways to save more money .

•  This mother of five is cracking down on her family’s spending, limiting purchases in January to only essentials. Here’s how she’s doing it .

•  If you’re trying to start the new year on new financial footing, just know it’s OK to make mistakes. We all do. Whether we learn from those mistakes is what counts. Here are four ways you can gain insight from money mistakes .

•  The way we work in 2020 has changed dramatically for a lot of Americans. So what will work look like this year? This article looks at some of the new jobs emerging in 2021 and beyond .

•  Want to start your own business, or maybe just take on a new side hustle to help you increase your savings? Here are 40 profitable small business ideas you can look into.

•  If you’re already a small business owner, here are four tech trends you can’t afford to overlook .

•  It’s also easy to save money on hobbies, like video games. If you’re into gaming, here are 11 online video games you can play for free .

•  If you’ve been unemployed, you may be getting some unexpected relief. Some workers may get an additional four weeks of unemployment benefits .

•  And finally, be good to yourself. Times are challenging for many folks, but there are cheap and even free ways to lift your spirits this winter .

If you’re feeling the financial heat this year and you’re not sure where to get started, don’t worry: SoFi can help.
SoFi Money® is a cash management account with no account fees—and where you can spend, save, and earn all in one place.

Also, SoFi members gain access to SoFi Relay®, where they can track all their incoming and outgoing cash, set up goals, and ensure they aren’t spending above their means.

Want to see what SoFi Money can do for you? Check it out today!

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SoFi Money®
SoFi Money is a cash management account, which is a brokerage product, offered by SoFi Securities LLC, member FINRA / SIPC .

Neither SoFi nor its affiliates are a bank.
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SoFi’s Relay tool offers users the ability to connect both in-house accounts and external accounts using Plaid, Inc’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score provided to you is a Vantage Score® based on TransUnion™ (the “Processing Agent”) data.
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