SoFi Blog

Tips and news—
for your financial moves.

For Love & Money: A Facebook Live Event

Should you be expected to help pay off your spouse’s debt?

How much would you spend without feeling like you had to tell your significant other?

Who makes more money, and how does that affect your relationship?

At SoFi, we’re all about your success — in your finances, your career, even your relationships. And research shows that the #1 cause of relationship stress is… you guessed it… finances. That’s why we’re launching For Love & Money, our first Facebook Live event, where expert financial therapist Amanda Clayman helps couples be open and honest about dollars and cents.

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Election Watch 2016: Millennial Money Edition

Millennials are positioned to make a big impact in this year’s presidential election—if they turn out to vote.

  • Young voters were a key factor in the election of Barack ObamaObama won 66 percent of the under-30 vote in 2008 and 60 percent in 2012.
  • Young voter turnout increased substantially in the last two elections. About half of eligible voters aged 18-29 voted in the 2008 and 2012 presidential elections, compared to less than 40% of voters that age during the 1990s.
  • Young voters have the numbers to make a difference. For the first time, the millennial voting population equals that of baby boomers.

Today’s 20- and 30-somethings are facing unprecedented financial challenges, like unemployment, stagnant wages, and student loan debt. This year’s election is a huge opportunity for young voters to make their voices heard. The presidential candidates are talking (a lot) about finances and the economy, and our next president’s actions will likely have a big impact on everyone’s financial future.

Check out our guide below to the 2016 presidential candidates and their stances on the issues that impact young professionals’ financial health.

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Paying Down Debt While Paying it Forward

Conferences are typically filled to the brim with free stuff: fliers and posters and brochures that may or may not make it past the recycling bin on the way out. So earlier this month when we sponsored the Near Future Summit (a conference dedicated to world positive solutions), we thought, why not try something more meaningful?

We featured three SoFi members who are on a mission to change the world. Our intent: to donate $20,000 that would help them pay off their loans. In order to choose the winner, we had conference attendees vote for their favorite stories. Now, the results are in.

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