SoFi Blog

Tips and news—
for your financial moves.

What I’ve Learned (So Far) From Building the SoFi Business

When we started SoFi back in 2011, my co-founders and I felt we were on to something special.  We knew there was a problem with financial services, and we wanted to fix it.  Two-plus years and 5,000 members later, our original vision is coming to fruition.  The $80 million round we closed in April will help solidify our position as something much more than a student loan business.  We are on a path to deliver a better model for consumer finance.

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5 Surprising Elements of an Effective Job Search

Want to know the secret to an effective job search?  Here it is: There is no secret – at least not one that works for everybody.

Are there best practices?  Absolutely, and you probably already know most of them.  Are there wrong ways to go about it?  Yes, and they’re pretty obvious, too.  But if anyone tells you that the secret to getting a job is “doing X to your resume” or “doing Y with your LinkedIn account,” they’re missing a critical point – which is that every candidate is different and therefore needs to take a different approach.

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The Young Professional’s Guide to Financial Spring Cleaning

Spring has sprung – at least officially – and with it the urge to open all the windows, break out the broom and clean house.  But why stop there?  Your finances can also benefit from a little spring cleaning, and it’s something you can do even if it still feels like winter outside.

As a busy young professional, it can be tough to closely monitor your money situation on a daily basis.  But if you’re willing to spend a few of these extra daylight hours getting organized, you can save yourself a lot of time, stress and even cold hard cash in the long run.  Here are six essential and effective ways to do it:

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4 Ways to Spend Your Tax Refund (That Actually Pay You Back)

April 15th is a few weeks away; have you filed your tax return yet?

If the answer is yes, you’re not alone.  The IRS reported last week that it has already received about a third of the individual tax returns that it expects to process this year.  They’ve also issued more than 40 million refunds so far, at an average amount of $3155.

Investing your tax return instead of spending it

If you’re one of the happy refundees, that money may be burning a hole in your bank account as we speak.  Before you squander it on something you won’t remember by tax time next year, consider using it for something that can actually help you save or even earn money in the long run.  Here are four ideas:

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