09/17/2020

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SoFi Blog

Tips and news—
for your financial moves.

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6 Common Money Fears and How to Get Over Them

Financial anxiety leading to a sleepless night? Fear answering the phone because it could be creditors on the line? These are common to many people. The fear of money problems and the fear of not having enough money are real.

Dealing with money woes can be stressful, but here are a few common money fears and how to handle them.

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Should I Take a Year Off From College?

There’s no denying it: College is a long, hard marathon. If you’re shooting for a bachelor’s degree, you likely have four years of full-time study before you have your degree in hand. The problem is that four years can be a long time to focus exclusively on school.

For some students, a year off offers a chance to step outside academia and back into the “real world,” but what are the potential risks and benefits of taking a year off from college?

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7 Non-Traditional Employee Benefits to Look for When Job Searching

When searching for a new job, it is common to look for a position that offers a competitive pay rate, an opportunity for inter-company growth, a comprehensive health-care package, and a generous time-off policy. Additional factors such as a short commute time, specific perks for working parents, and stock options could also be enticing.

Recently, however, more and more companies seem to be modernizing and innovating their employee benefits program beyond the norm to attract and retain new workers.

While these more unusual offerings could at first seem like trivial bonuses rather than significant aid, they often result in positive impacts on an employee’s life.

According to a 2019 survey conducted by The Harris Poll, 80 percent of respondents claimed they would take a job that had benefits over a job that made 30% more in salary but did not offer benefits. When determining if accepting a job with unusual benefits is worthwhile to you, it is important to keep your individual and/or family needs, lifestyle, and budget in mind.

If you’re on the hunt for a new role, keep an eye out for the following left-of-center benefits that could help you improve your physical and emotional health, better manage your time, grow your wealth, or save money.

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