1108 Search Results
7 Ways to Save Money on Commuting to Work
https://www.sofi.com/learn/content/commuting-to-work/
Many people are back into the full-time commuting groove again and finding that it can be a major cost. And by cost, it can mean the impact it has on both money and mood. Some people spend 30 minutes commuting each way; others two or three times that. Some get on an express train while […]
Central Banks Defined and Explained
https://www.sofi.com/learn/content/central-bank-definition/
Unlike the local bank where you may keep your checking account, central banks are responsible for implementing monetary policy and regulating other banks. Some of the main activities of central banks include setting interest rates and controlling the money supply. These are important responsibilities: Central banks aim to promote financial stability within a country or […]
Are All Banks FDIC-Insured?
https://www.sofi.com/learn/content/is-my-bank-fdic-insured/
The role of the Federal Deposit Insurance Corporation (FDIC) in protecting depositors’ bank accounts is important for everyone to understand. Most banks are insured by the FDIC, but not all. Moreover, there are usually limits on how much can be covered in an individual person’s accounts and what kind of financial products are eligible for […]
Budgeting Guide for Teens: 7 Tips to Build Better Money Habits
https://www.sofi.com/learn/content/budgeting-as-high-school-student/
As a teenager, you may think you don’t have enough money to worry about coming up with or sticking to any kind of budget. But, in truth, you don’t need a lot of money to benefit from budgeting. In fact, coming up with a plan for how to spend your money (which is what budgeting […]
9 Money Hacks To Try This Year
https://www.sofi.com/learn/content/money-hacks-to-try/
Financial wellness doesn’t have to be complicated. While you’ll eventually want to work up to a financial plan that includes a detailed budget, savings goals, and a retirement plan, there are small things you can do today to set you off on the right foot. What follows are nine hacks for money that can help […]