SoFi Blog

Tips and news—
for your financial moves.

Finding The Perfect College Part-Time Job For Your Major

A lot of factors go into planning a college career—applying for financial aid, choosing a major, and even figuring out whether you need to get a job. It’s enough to make your head spin.

If you do decide to work, there might be some significant benefits in finding the right part-time job for your college years, including:

•   Paying for unexpected expenses: You might need to pay for membership dues for a club you want to join, clothing, or extra cups of coffee during finals week.

•   Job experience: Part-time jobs might provide you with experience in your chosen field.

•   Advantages in hiring: Employers, post-graduation, might prefer to hire entry-level professionals who already have some industry-relevant work experience.

So, how do you find the right part-time job during college? When is the right time to find that job? It could be when you’re still applying to schools or after you’re already established in at your chosen college. Whenever you’re looking, here are some ideas for finding the right fit for you.

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man working at a business

5 Financial Goals for the Newly Self-Employed

You just did something that many people only dream of. You actually ditched the day job, and now you fly solo. You’re the CEO of your own company, party of one. It takes a lot of self-confidence and chutzpah to make this leap, so if you haven’t patted yourself on the back yet, you probably should.

But don’t revel too long, because hustlin’ ain’t easy.

Choosing to become self-employed, whether as a freelancer, consultant, or small-business owner, can be equal parts exhilarating and terrifying. While it comes with the freedom to take long lunches and set your own schedule, it also means leaving the nest and hunting for your own food.

So, where to start? In some ways, setting financial goals for a business will somewhat mirror how you’d set personal financial goals. In other ways, it will be vastly different. Here are a few tips to help you get a jumpstart on being not only your own CEO, but your own CFO, too.

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Seeking Advice From Siblings on Student Debt

As the American student debt crisis looms, more and more families are being burdened. For 2018 graduates, the average student loan debt was $28,500 . So, while it may seem like you’re alone in dealing with your debt and you may feel like you are facing a lifetime of anxiety, know that 60% of student loan borrowers expect to pay off their student loan debt in their forties .

As with any difficult situation, it is important to have people to talk to. Financial advisors are helpful, but family and friends can also provide crucial support and guidance.

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pregnant woman

Affordable Babymoon Ideas & How to Pay for Your Trip

Congratulations, you’re having a baby! Soon, your entire life will be filled with baby bottles, diapers, and … so many sleepless nights. Before you welcome a new life into the world, your to-do list will likely keep expanding.

From preparing the nursery and assembling a crib to creating a birth plan and baby-proofing the house, there is a lot to take care of. And we know it can be completely exhausting. While you are hustling to get everything ready before you bring your little one home, you might want to take a minute to slow down and enjoy this process. One way parents are doing this is by celebrating with a babymoon.

A babymoon is an excursion you go on with your significant other just before the birth or adoption of your child. It’s a time to kick back and relax just one last time. Sure, this trip sounds like another expensive baby-related item, but it doesn’t have to be. Here are a few ideas on how to plan, where to go, and ways to finance your last getaway as a twosome without going overboard on the budget.

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man on tablet

Mid-Year Financial Check Up: How Are Your Investments?

In the northern hemisphere, the summer solstice happens when Earth’s north pole is at its maximum tilt towards the Sun. On this magical day of the year, Earth receives the longest stretch of daylight.

In many cultures, the solstice is an important time of year and celebrated with festivals, ceremonies, and traditions. For some, the summer solstice is a time to reflect on renewal and rebirth.

Whether or not you celebrate the summer solstice, the day’s proximity to the year’s halfway point makes it an excellent time to reflect on your own progress. It is a wonderful time to look both forward and backward.

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