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39 Passive Income Ideas to Build Wealth in 2024
https://www.sofi.com/learn/content/how-to-manage-passive-income-streams/
Table of Contents What is Passive Income? Passive Income Ideas Potential Benefits of Earning Passive Income Potential Downsides of Earning Passive Income Managing Passive Income Streams With inflation and interest rates rising, many people are looking for ways to generate additional income these days — and finding reliable sources of passive income, which require less […]
Average Student Loan Debt: Who Owes the Most?
https://www.sofi.com/learn/content/average-student-loan-debt-by-career/
For millions of students, pursuing a college degree means taking on some amount of debt. That’s because college costs have risen much faster than wages, and the average cost of a four-year degree has far outpaced the rate of inflation in the past 20 or so years. Today, a typical student borrows more than $35,000 […]
What Are the Prerequisites for Nursing School?
https://www.sofi.com/learn/content/prerequisites-for-nursing-school/
A nursing career can be incredibly rewarding professionally and personally. If you’ve decided to attend nursing school to pursue your dream job, you’ll first need to meet certain nursing school prerequisites in order to be eligible. Prerequisites (also called pre reqs for nursing) are required courses or subjects aspiring nurses must take before applying to […]
What Do You Need to Buy a House?
https://www.sofi.com/learn/content/what-do-i-need-to-buy-a-house/
There are a lot of myths about buying a house: that you need at least a 20% down payment, perfect credit (or close to it), and a specific income level. But the truth is, you don’t need a particular down payment amount, salary, or a credit score over 700 to become a homeowner. What you […]
How Government-Backed Mortgages Work
https://www.sofi.com/learn/content/government-backed-mortgages/
Government-backed mortgages can be easier for potential homebuyers to qualify for as these loans are insured by the federal government, which brings down the risk for lenders. There are three main types of government-backed mortgages that can help consumers — and especially first-time homebuyers — reach their goal of homeownership. Let’s take a closer look […]