149 Search Results
How to Save for a House
https://www.sofi.com/learn/content/how-to-save-money-for-a-house/
Buying a house is a major rite of passage. While it’s fun to imagine what kind of home you’ll buy (A farmhouse? Mid-century modern?), how you’ll renovate it, and what it will be like to have your own space, buying a home also requires considerable planning and financial discipline. After all, buying a home is […]
How to Open a Savings Account in 4 Steps
https://www.sofi.com/learn/content/how-to-open-a-savings-account/
Opening a savings account is one of the first and most important steps toward building a strong financial foundation. Whether you’re saving for a major purchase, an emergency fund, or simply looking to grow your money over time, a savings account allows you to safely store your extra cash while earning interest. The process of […]
How Many Savings Accounts Should I Have?
https://www.sofi.com/learn/content/using-multiple-savings-accounts-for-different-goals/
How many savings accounts you should have will depend on your savings goals and money management style. You may prefer the simplicity of having just one savings account. Or, you might find it helpful to have different savings accounts for different savings goals, such as an “emergency fund” and a “travel fund.” There’s no ideal […]
What Are Working Capital Loans?
https://www.sofi.com/learn/content/small-business-working-capital-loans/
Working capital for small businesses powers daily operations and fuels growth. It’s the amount of liquid cash a small business has available for expenses like operational costs, payroll, and inventory. By definition, working capital is the difference between a business’s assets and debts (or accounts payable). When a business has enough cash to cover its […]
How to Stick to a Budget: 6 Ways to Stay on Track
https://www.sofi.com/learn/content/how-to-stick-to-a-budget/
Building a budget isn’t hard, but it does require time and effort. And once it’s completed, it’s something you should be proud of. Yet, many people have trouble sticking to a budget. They wind up essentially throwing all their work out the window as a result of impulse buys, unrealistic expectations, or a lack of […]