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How to Make Money With Interest 7 Ways
https://www.sofi.com/learn/content/different-ways-earn-interest-money/
No one wants to see their hard-earned cash sitting in the bank and earning a miniscule amount of interest. Instead, most people want their money to work hard and churn out even more moolah at a healthy rate. Achieving that may be as simple as switching banks or even just swapping account types. Or trying […]
Can You Spend Money From A Savings Account?
https://www.sofi.com/learn/content/spend-money-from-savings-account/
Sure, savings accounts can be a good place to stow extra cash and build wealth. You’ll typically earn interest, helping your money grow and boosting your progress towards your financial goals. However, unlike checking accounts, you usually can’t spend straight from a savings account. What’s more, you may find that there are limitations on the […]
How to Save Money in College — 20 Ways
https://www.sofi.com/learn/content/how-to-save-money-in-college/
College is expensive. In the 2022-23 academic year, tuition and fees averaged $39,400 for students at private universities — that’s $157,600 for all four years. Tuition and fees at public colleges were lower, but still steep — averaging $28,240 for out-of-state students and $10,950 for in-state students. Keep in mind that these numbers don’t include […]
33 Ideas for Saving Money While Dorm Shopping
https://www.sofi.com/learn/content/dorm-shopping-money-saving-tips/
College is expensive. On top of tuition and room and board, you’ll also need to buy quite a few things to set up your dorm room – from power strips and lamps to bedding and decor. Fortunately, there are ways to save money on dorm room essentials without sacrificing on style, function, or comfort. What […]
Can the Government Legally Take Money Out of Your Bank Account?
https://www.sofi.com/learn/content/can-the-government-take-money-out-of-your-account/
The government generally can’t take money out of your bank account unless you have an unpaid tax bill (and before they go to that extreme, they will send you several notifications and offer you multiple opportunities to pay your outstanding taxes). If you’re late on a debt or child support payment, on the other hand, […]