09/17/2020

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SoFi Blog

Tips and news—
for your financial moves.

How far will your money go in different cities

Here’s How Far Your Money Will Go in 7 U.S. Cities Millennials Are Moving To The Most

While relocating for a stellar career opportunity can give you great footingand a sweeter paycheck—there’s much to consider before packing. You’ll want to feel confident that you’re uprooting to not only grow your career, but also to thrive personally.

As you factor in all that could make your nights and weekends more enjoyable, be it the number craft breweries or rock climbing walls in your potential new ‘hood, you’ll also want to look at the life/work metrics and: cost of living; safe, affordable neighborhoods; and job growth rates. After all, you’ll want to live comfortably and continue to save and invest in your future.

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A visual timeline of student loans

A Visual Timeline of Student Loans: Where We’ve Been and Where We’re Headed

More Americans than ever are taking out student loans to invest in their futures. And that’s leading to…a huge amount of debt across the nation. $1.3 trillion in fact. This year alone, college grads who have their bachelor’s degrees face an average of $37,000 in student debt. And, as of July, over seven million borrowers are in default.

So how to solve it all? Let’s start at the beginning. Scroll through the visual timeline below to see the highlights and lowlights of the past 80 years in student loan history.

Rest assured, there is definitely a light at the end of the tunnel (er…timeline).

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Financial guide to Friendsgiving

The Financial Guide to Friendsgiving in America

When you can’t make it home for Thanksgiving, throwing (or attending) a Friendsgiving dinner party is the next best thing. Friendsgiving is the perfect occasion to give thanks with your closest friends, gorge yourself on terrific food and drinks, and, of course, watch some football.

This annual get-together of great friends and food has increased in popularity over the years, and one reason for that is the cost of air travel. For example, if you live in San Francisco and want to spend the four-day Thanksgiving weekend with your family in New York City, a non-stop, round trip ticket will cost anywhere from $738 (JetBlue) to $1222 (American). If you work in a demanding professional career, your career goals might force to you stick around town. But a tight budget or work obligations shouldn’t mean you have to miss out on what many people believe to be the best holiday of the year. You’ve got friends—lots of them—and some of them might be in the same position as you are.

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Financial intimacy and paying down student loans together

Achieving Financial Intimacy: How This Couple Found Chemistry and Are Eliminating $130K in Student Debt Together

Discussing finances with your life partner can easily stir emotions, especially when autonomy is thought to be threatened or when one partner makes significantly more money than the other. Financial conversations require finesse and, of course, respect and understanding. And because emotions surrounding money are often tied to fear and can illicit strong reactions, those important conversations are sometimes avoided.

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Digital marketing tips for dentists

Dental School Grads: How to Grow Your Digital Presence and Build Your Business

In 2016, after 10 years in the online marketing industry, Christopher Brown and Michael Mazzuca founded DIGI SEARCH, a dental- and medical-specific digital marketing agency. The two built the business on insights gained while Chris was growing his family’s practice through innovative digital marketing campaigns.

Christopher is also a proud member of SoFi’s Entrepreneur Program, which empowers a select handful of promising entrepreneurs by giving them financial flexibility, access to investors, and a support network of peers and mentors to help them succeed. Since joining SoFi this year, DIGI SEARCH has more than doubled its client base.

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