SoFi Blog

Tips and news—
for your financial moves.

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Millennials Are Stressed About Money: Here’s Why

It seems like millennials and student debt go together like avocados and toast. The millennial generation is cash-strapped , facing high amounts of student debt and high housing costs. The result is a generation that is constantly worried about money.

A majority of millennials are dealing with significant amounts of debt—and it’s keeping them up at night. A SoFi survey of its members found that 83% felt like their student loan debt kept them from relaxing.

Whether you’re waking up in a cold sweat after dreaming about your monthly balance or feeling wracked with guilt every time you swipe your credit card, looming loan payments can feel overwhelming.

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6 Ways to Earn Extra Cash as a Medical Resident

After years in school, taking exams and spending countless hours studying, your residency is when you can put all the knowledge and skills you’ve accumulated to the test. A medical residency offers an amazing learning opportunity for a young doctor.

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Shopping Around to Find Investment Deals

Who doesn’t love a great deal? Whether shopping for new shoes or an automobile, it seems like humans have an inherent desire to get the most bang for their buck. And when it comes down to it, shopping around can be a great way to protect yourself as a consumer, even when finding good stocks to buy.

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9 Questions to Ask Yourself Before Applying to Grad School

Deciding you’d like to pursue a graduate degree is a monumental decision, and not one to be taken lightly. If you’re determined to advance your current skills or learn something completely new, it can be a great option.

But, there are a few key questions you should ask yourself and an academic advisor before applying to graduate school. Here are a few things to ponder before obtaining an advanced degree.

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Investing in Companies You Actually Like

For a novice investor, it can be difficult to decide where to put your money. There are so many options, it can be hard to answer the question, “what company should I invest in?”

If you’re a fan of a specific company—whether that’s Apple, Amazon, or Coca Cola, you may be wondering if you should invest in those. After all, putting your money behind a company you actually believe in seems intuitive.

Choosing companies you actually like to invest in is certainly a different approach than giving your money to a financial advisor who makes your investment decisions for you. But that doesn’t mean it’s not the right call. Let’s look at the pros and cons of investing in a company you really like.

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