SoFi Blog

Tips and news—
for your financial moves.

5 Proven Ways to Build Trust — and Your Reputation — for a Successful Career

Over the past few weeks, our career strategy team has been busy sharing research, words of wisdom and webinars on the “new fundamentals for career success.” We do this because we’re committed to our members’ success and happiness. When they win, we win. And in order to stay ahead and win big in the career game, these fundamentals, which include resilience and relationships, matter a whole lot. This week, I pick up where we left off, with the third piece to the puzzle — reputation — and why trust is so integral to it all.

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What to Consider When Remodeling on a Budget

Editor’s Note: The following article on home renovation and budgeting originally appeared on our web partner Houzz’s website. Some of the content has been slightly edited from its original version, and is written from the perspective of a home designer.

The budget conversation — it’s sometimes awkward, often slightly uncomfortable and usually comes with a bit of anxiety. Because of the nature of construction, things often cost more than what homeowners think. There are endless debates on why that is, but the result is that we designers often have conversations with our clients that end with an awkward silence. The silence usually means that certain aspects of the project might be out of our clients’ reach. And truth be told, we really don’t like being the messenger in these conversations. We want our clients to be satisfied with the process and get what they really want.

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7 Ways to Make Buying a Home on Your Own a Reality

Purchasing your first home is really exciting—but it can also be daunting, especially when going it alone. SoFi members aren’t easily intimidated, however. In fact, according to the March 2016 Home Buyer and Seller Generational Trends report, people age 35 and younger continue to be the largest group of home buyers at 35%, and 67% of those buyers are purchasing homes for the first time. With 10% down on loans up to $3 million, SoFi makes it easier than ever before for solo buyers and others to own a home.

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How to Create a Budget You’ll Actually Follow in 6 Steps

Maybe you hate budgets. Maybe the idea of tracking your cash and being mindful of every cup of joe you purchase makes you want to hit the nearest wine bar. But here’s the thing: You have retirement goals, right? And things you’d like to do this week or next month, yes? Budgeting helps you hit those goals. An effective spending plan makes it possible to save toward a big trip, a down payment on a house, put money away for retirement, and pay down debt. It also helps you stay in check so you don’t overspend and miss opportunities to build wealth. (And who doesn’t like building wealth?)

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