SoFi Blog

Tips and news—
for your financial moves.

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Multitasking with Money: Is It a Good Idea?

Between managing your overflowing inbox, handling budget reports, and attending all of the meetings on your calendar, multitasking may be your default mode of operation. While you may feel like you’re operating at peak efficiency as you toggle between countless windows, in reality, constantly changing your focus may be wreaking havoc on your productivity.

The same logic can be applied to your finances. Trying to juggle multiple priorities when it comes to money can feel overwhelming. If you’re taking a flexible approach with your finances, you may not have a plan for your income. And that can leave you wondering how to allocate your money after paying your bills.

Should you save or invest? Or are you going to spend some of your money on a trip or purchase? The ability to multitask can be an asset, but it can also allow distractions to prevail. But is multitasking actually bad?

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May Monthly Market Commentary

Tariffs, IPOs…and Salty Chips

May. Springtime. Three-day weekends. It’s usually a time to celebrate Star Wars, not initiate trade wars, but that’s not how it went down this year. That, plus some chip drama and some new murmurs about Bitcoin made for a spicier-than-usual month in the markets. On top of that, the IPOs kept popping. Yep, 2019 has been ripe so far for some delicious market news.

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6 Ways to Help Minimize the Stress of Exams

If you’re a college student, you’ll almost certainly need to take plenty of tests, especially during the midterm and final exam periods each semester. This can be a stressful time, as it’s likely these tests will have a big impact on your grades.

Strategies for how to handle exam stress most effectively will vary from student to student, but it’s important to get the emotional support you need from friends, family members, and classmates. For example, you could think about the good friend who makes you laugh and puts life into perspective—then call, text, or visit them.

Being prepared can also help you deal with stress. We’ve pulled together six strategies that might make test-taking season easier by ensuring that you’re well prepared.

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5 New Baby Gifts (That Are More Useful Than Clothes)

Of course, there’s nothing wrong with giving expectant parents baby clothes (and those adorable little outfits can be so tempting to buy!). But, babies grow out of clothing quickly. Depending upon how fast they grow, you may purchase clothing that seasonally just doesn’t match with the baby’s size—and so, they never get worn.

Instead of buying the first cute outfit you see, think about a gift that might be more impactful than clothes. We’ve compiled five new baby gift ideas that are both thoughtful and practical—and go beyond the onesie.

These gifts range from those that can meet an immediate need to those that help parents to plan for their child’s future. Each of these ideas will work just as well as new baby girl gifts as they do for baby boys (and vice versa!).

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Make Your Small Bathroom Look Bigger in 8 Easy Steps

If you feel claustrophobic whenever you enter the loo, you might be racking your brain for ideas about how to make a small bathroom look bigger. Many apartments and homes have small bathrooms—but there are often ways to make better use of the space, or to decorate it so that it doesn’t feel as cramped.

Chances are, you spend a lot of time in your bathroom. It’s likely where you start and end your day, so you want it to be a place you can relax in and enjoy. With a few small changes, you could change your bathroom from a cramped space you avoid to a sanctuary where you can decompress.

Whether you want to get creative with paint or color schemes, add some mirrors, or completely gut the space and renovate it, there are lots of ways to make a small bathroom look bigger.

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