SoFi Blog

If you’re a doctor, dentist, or lawyer nearing the end of your training, give yourself a pat on the back. Getting to this point hasn’t been easy—financially or personally. But you’re eager and ready to put all you’ve learned to task! After spending years answering to your professors, mentors, partners or attending physicians, you might even be thinking of starting your own practice.

Yet, while becoming your own boss can be pretty appealing, it can also be terrifying. Medical, dental, and law students often graduate with heavy student debt loads, but little practical training on how to start a practice. But that doesn’t mean that building the private practice of your dreams is impossible.

For SoFi’s latest member spotlight, we sit down with JJ Owen, Director of Development for the Movember Foundation, to discuss mental health, finances and, of course, moustaches. We learn about JJ’s college days playing baseball, getting his MBA and how refinancing student loans became his first major financial decision, enabling him to take better control of the present to plan for his family’s future. 

Interest rates continued to rise last week driven largely by an expected increase in inflation. Third quarter GDP data showed faster growth than expected, but a deeper look suggests caution against overestimating the importance of these numbers. Subpar earnings from several large tech companies and renewed uncertainty surrounding the election put pressure on U.S. equities and offset the good economic news. Falling oil prices and a stronger dollar hurt emerging market returns.

Name: Elien Blue Becque

Age: 30

Location: New York, New York

Business: RoomZoom

Business Goal: To help young urbanites find roommates they’ll love sharing space with

Alma mater: Graduated in 2008 with a degree in International Relations with a minor in English from Tufts

Student loan debt: $85,000

SoFi Solution: Student loan refinancing

Entrepreneur member since: 2016

Elien Blue Becque is the founder of RoomZoom, a platform that does for co-living what OkCupid and Tinder do for dating. RoomZoom asks members questions about their lifestyle, personal habits, and general conduct, and grinds those answers through an algorithmic scoring system. The scores are then used to pair up compatible people who will make awesome roommates.

So you want to be a millionaire. And with your killer drive and professional achievements, there’s no doubt you’ll get there in due time. Up first: Aim to save $500,000. Cutting your goal in half will put you in the right mindset and allow you time to ace the habits and skills you need to join the millionaire’s club.

Here are seven tips to help pave the way: