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Millennials Are Seeking Prenups—and It Might Just Be Worth Considering

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15 Top States Where Professionals with Student Debt Own Homes

Many SoFi members choose to invest in themselves as homeowners while still paying down student debt. It’s a natural extension of the way they invested in themselves as professionals with top-flight educations and advanced degrees. Now, some of the hottest real estate markets in the nation are drawing them. From MBAs in Illinois and computer scientists in Oregon to lawyers in Texas, SoFi members are becoming homeowners just about everywhere you look.

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7 Effective Ways to Navigate Major Life Milestones—Financially and Otherwise

There’s everyday finances, and then there’s the big hurdles—changing careers, starting your own practice, having a baby, or buying your first house. For major life milestones like these, you’ll need a plan, so big events not only go over smoothly, but impact your wallet in ways you can anticipate.

As a financial wellness expert, I often counsel people experiencing major life transitions. Although most who come to me know they have to adjust their financial lives accordingly, they either don’t know how, or are using strategies that don’t work for these situations.

The good news is, I’ve got a seven-step plan to help anyone steer a course to success through any major life milestone. Walk through this, and you’ll be in a much better spot to enjoy accomplishments and avoid financial stress along the way.

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How to choose a new neighborhood when home buying

How to Tell If You’ve Outgrown Your Neighborhood—and Where to Go Next

There comes a turning point in every renter’s life, where that neighborhood you loved when you moved in just doesn’t feel right anymore. It happens—sometimes the community surrounding your home changes, and isn’t quite as sweet as when you first moved in. But more often than not, as life goes on, careers advance, families grow, and finances improve, it’s less about the neighborhood transforming, and more about your own priorities shifting for what you want out of an area.

While you may have once reveled in the fact that your neighborhood boasted plenty of hotspots just outside your front door, you may now yearn for a quieter, more family-focused locale so that you can start your own. Better yet, as your career has blossomed—along with your salary—it may be time to upgrade to a larger place with more of your “wish-list” items in an area, where you’ll be surrounded by up-and-comers just like you. After all, home buying isn’t just about falling in love with a house, securing a mortgage, and making that square footage your own; it’s also about finding the perfect neighborhood that works for you today and tomorrow.

If it’s time to assess whether you’ve outgrown your neighborhood, here are the questions to ask yourself:

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5 Ways Friends Influence Your Success, According to Science

There’s no doubt that your squad makes your life better. Your friends pick you up when you’re down, celebrate your milestone moments, and hang out with you just because you rock in between. But beyond providing awesome support—and lots of laughs—several studies reveal that your friends can also influence your financial achievements, career performance and opportunities, and general life success.

Here are five ways, according to science, that your friends can help you get more out of work and life:

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millennials marrying and signing prenups

Millennials Are Seeking Prenups—and It Might Just Be Worth Considering

It’s not exactly news that millennials are marrying later than the generations before them. But to give you a sense of just how differently they approach the tradition from their parents, in 1962, nearly 60% of 18- to 30-year-olds were married. Today, just 20% of people in that same age range have tied the knot. As such, they’re older than their predecessors were, too—whereas the average woman in the ’70s was barely 20 when she walked up the aisle, today she’s over 27.

Waiting to be more mature and financially stable before marrying is not a bad thing, and could help to explain another trend on the rise among this age group. Before saying, “I do,” millennials are asking for prenups, in larger numbers than before. In fact, just over 50% of matrimonial lawyers attest that the number of millennials requesting prenuptial agreements is on the rise.

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