SoFi Blog

Did you know that if you don’t negotiate your salary you could be missing out on up to $1 million dollars over a 45 year career?¹

Last year, we introduced Get That Raise—an initiative that empowers our members to go out and ask for the money they deserve, while equipping them with the tools and resources to be prepared and have informed conversations with their managers.

This year, we’re expanding on our initiative to discuss why it’s important to go out and ask and stop leaving money on the table. We’re excited to partner with Allyson Felix, the most decorated Track and Field Olympian, who lived this experience firsthand.

It happens to the best of us. You’ve got a totally watertight budget, covering every basic from housing to groceries to gas. You’ve even built in space for quality-of-life extras like a gym membership and a subscription to Spotify.

And for a few months the whole thing goes pretty well. You carefully watch where each and every hard-earned penny scurries off to, basking in your newfound feeling of fiscal control and responsibility.

So you decide to build in another, slightly loftier objective: a savings goal for a once-in-a-lifetime vacation or to finally replace that junker you’ve been driving since you were literally in college.

And then, life happens. Maybe that beater you’re still relying on to get to work suddenly requires a repair, or you discover that moths spent the long summer months snacking on last year’s winter coat while it was in storage. Maybe a bicycle stunt lands you in Urgent Care, delicately cradling a broken wrist.

Or maybe you just lose track of those far-fledged ambitions when you see something shiny and new in a storefront window—or by frittering away your cash on tiny daily indulgences, whether they’re iced Americanos or ice cream cones.

No matter what it is that gets in your way, it’s all too easy to lose sight of financial goals, especially when the payoff is fairly far in the future.

It’s natural to be tempted to satisfy your current self at your future self’s expense. But there are ways around this common financial trap and they might be simpler than you think.

This is the year. You’re in charge of throwing the big Halloween bash.

Organizing a Halloween party isn’t like hosting just any function. Everyone knows you’re expected to make the event gruesome, fantastical, and spooktacular—in addition to entertaining.

Searching for Halloween party ideas? Keep these six tricks—some appropriate for kids and some reserved for adults—up your sleeve to hold an event no goblin or ghoul will ever forget.

If you’re a high school athlete, chances are you’re considering continuing playing your sport at college. And although your ultimate reason for going to college may be to get your chosen degree and prepare for your career and overall life, sports may play a significant factor in where you choose to go.

If that’s the case for you, you may want to consider these questions:

  1. How important are sports in your college selection?

  2. How important should they be?

  3. How can you benefit by participating in collegiate sports?

  4. What are some associated challenges?

Read on to learn some answers to those questions and more.

It’s easy to put off planning for the future, especially when that includes planning for the worst. When getting engaged, the first thought is likely to pop a bottle of champagne and celebrate, not pull out the prenup contracts.

When life’s most exciting moments happen, your top of mind priority probably isn’t life insurance. But major milestones like the birth of a child, marriage, or homeownership might be a good time to reflect on your circumstances and think about life insurance.

Life insurance can get pretty complicated—one of SoFi’s recent surveys found that even among members surveyed who have shopped for life insurance, roughly a third of people debate whether whole life insurance or term life insurance is more appropriate for them.