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How to Protect Your Credit and Online Data From Fraud—A Year After The Equifax Breach

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sofi money, debit card

Innovation from the Most Pedestrian Corner of Life

By Tony Morosini, VP of Banking

There’s no question deposit accounts are having a moment. In a rising rate environment, banks earn an increasing yield on the deposits they hold, and these additional proceeds can often go directly to earnings. To gather more deposits, banks fight to get consumers to switch banks, but it’s a tough sell because changing banks is painful.

While lots of institutions are offering deals to entice people to move their accounts, they haven’t invested in making the consumer experience as good as it should be. People have been using and managing money online at scale for 20 years, and we’ve now gotten to a place where people are not just comfortable with handling money online, but they expect it. The traditional financial institutions have improved on some marks, like improving their mobile experiences (or at least creating one at all), but there’s still a lot of space to tackle.

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A Visual History of Cash, From Beads to Bitcoin

How did we get from counting wealth in beads and shells to buying a car with a thumbprint? The nature of money is constantly changing, and the way we earn, store, and spend it changes too.

One constant is that money exists to help us move value from point A to point B, without having to haul heavy trade goods around. That’s why the ancients came up with a money system as soon as they had enough valuable items to store and sell. “An entire warehouse of olive oil, beer, or wheat could be reduced in value to an easily transported ingot of gold or silver,” writes Jack Weatherford in The History Of Money.

A complete history of money around the world takes up several books (we’ve got the reading list below to prove it), but here are some highlights from millennia of monetary innovation to enjoy and share.

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5 ways to tell if person you're dating is a good money match

5 Ways To Tell If the Person You’re Dating Is a Good “Money Match”

It’s not exactly the most fun thing to sit down and figure out whether the person you’re dating is on the same page as you financially—in fact, you could practically call it a buzzkill. But if you’re serious about one another, talking about credit scores, budgets, and debt is not something you should put off, because one money mistake can be all it takes to get you into serious and immediate financial trouble.

It’s hard enough to budget and track your own spending and saving habits, but when your dreams are shared and depend on the equal due diligence of another person, you have even less control over how quickly you get there. So you’ll want to find out sooner rather than later if you align on how you handle your money, before it potentially becomes an issue.

Here are five tips to help you determine whether you and your partner are a good “money match.”

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cash wallet, credit cards

Millennials Find Apps More Helpful for Personal Finance Than Dating—But Still Aren’t Reaching Financial Goals.

Earlier this month, we shared results from our 2017 Millennials and Financial Resolutions survey. We discovered several trends and recent events that impact how millennials are thinking about forward-thinking financial topics. This week, we review the results of a second survey we conducted to learn why these young professionals aren’t reaching their financial goals, and how they compare to other generations.

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16 money and career podcasts we love

Our 16 Favorite Podcasts for Your Career and Money

For people focused on their careers, finances, and relationships, podcasts are the self-help books of the 21st century. They’re typically pretty short (most under an hour) and easily accessible, allowing listeners to take in episodes while driving, working out, or whipping up something for dinner.

Because we know how important career success, wealth, and personal connections are to our members, we’ve handpicked 16 podcasts that offer everything from advice on achieving business success to finance tips to lessons on how to enrich your life.

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