SoFi Blog

Tips and news—
for your financial moves.

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Choosing a Career

Whether you’re about to graduate from college or you’ve been in the workforce for a while, chances are you’ve wondered how to choose a career. Most millennials think constantly changing jobs leads to career advancement, so it might help to be thoughtful about when and why you’re making choices and changes.

Bigger picture: We spend over 13 years of our lives at work, and more than 80% of U.S. workers say they’re unhappy with their jobs. When you put it that way, choosing a career takes on a lot more meaning than just the place where you get a paycheck—it’s an integral part of your entire life.

Why is planning your career important? If you’re the type of person who likes to take control of your situation, then you can view this as a way to take the reins and be more likely to get what you want. If your dream job exists, chances are it won’t just fall into your lap—you’ll have to make it happen.

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The FAFSA Cheat Sheet You Didn’t Know You Needed

Taking out student loans is a big commitment—and filling out the paperwork is no cakewalk, either. You’ll need you and your parents’ tax documentation, income statements, and, of course, the ability to actually understand all that IRS gibberish… which is challenging even for those who already have a college education.

So we put together this FAFSA® “cheat sheet” to help you get filed and funded in a snap. (Sorry, though; we won’t be able to give you an equivalently easy fix when it comes to actually completing your college assignments.)

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Is Your Child’s Major Practical?

When your child chooses a major that taps into his or her passions and aligns with interests and strengths, that’s wonderful for them. But, because college educations are increasingly more expensive, it’s natural to hope that the choice of major will also be practical, one worth the investment.

Higher education is a financial investment, with average college tuition and associated fees for the 2018-2019 academic year standing at:

•  $35,676 for private colleges

•  $10,230 for state residents at public colleges

•  $26,290 for out-of-state students at state schools

This doesn’t count housing expenses, transportation costs, and books and supplies. So it just makes sense to want your child to end up with a college degree that’s practical.

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6 Questions to Ask Before Doing a Home Remodel

Home sweet home hasn’t been looking so sweet lately. Maybe you spend your days fantasizing about a kitchen any professional chef would dream of. Or perhaps you want to soak your worries away in a brand spanking new bathtub in your freshly tiled bathroom.

Your home is a sacred space, but it might take a little work—and money—to make your home feel that way. Whether you’re working on a fixer upper or want to give your home a mini-makeover, here are six home renovation questions to consider asking yourself before you launch into a remodel. Thinking about these questions out before you start home improvements could potentially save you a lot of time, money, and stress!

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Are You a Go-Getter? Ways to Be Successful in College & Beyond

College can be a blast—dinners in the dining hall, late-night gab sessions with the roommates, and weekend parties with the crew. It is an exciting time for self-exploration and learning.

As a college student, you might have more freedom than you’ve ever had before. No parents checking in to make sure your homework is finished or telling you to go to bed and get a good night’s rest. It’s really all up to you. While this transition can be challenging, college can also be a chance for you to grow in your independence.

Oftentimes, the skills you learn in college will be invaluable as you enter the real world—and isn’t that why you’re going to college in the first place? The work you put in during your college career could even lay the foundation for your future success.

So, what do college students need to be successful? There’s no one single guide for how to be successful in college, but these tips could help you make the most of your college years.

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