SoFi Blog

Tips and news—
for your financial moves.

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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woman with smartphone in tent

How to Book an Affordable Vacation This Summer

Ready for a summer escape? If you’re daydreaming about getting away this summer but are trying to avoid racking up a crazy travel bill, fear not. Whether you’re in the market for an affordable family vacation or want to see the world solo, here are some tips and tricks that could help you book an affordable vacation this year.

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two women talking with coffee

How to Deal with a Friend Who Talks Finances

The cultural taboo around talking about money can make it tough to deal with friends who constantly like to bring it up. They may make you cringe with questions about how much you paid for something, how much you make, or maybe they constantly let you know what they dropped on new clothes or tech gear. Here’s a look at how to fend off uncomfortable money conversations—and have some productive ones as well.

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Capitol in Washington, DC

Inside The Secure Act: New Retirement Legislation

In our efforts to bring you the latest updates on things that might impact your financial life, we may occasionally enter the political fray, covering candidates, bills, laws and more.
Please note: SoFi does not endorse or take official positions on any candidates and the bills they may be sponsoring or proposing. We may occasionally support legislation that we believe would be beneficial to our members, and will make sure to call it out when we do. Our reporting otherwise is for informational purposes only, and shouldn’t be construed as an endorsement.

If you’ve followed Congress even casually over the past few years, you’re probably aware that there isn’t much that flows through the House of Representatives or the Senate with overwhelming bipartisan support.

On Thursday, May 16 the House defied expectations, and their recent track record, by passing the SECURE act by an overwhelming 417-3 . True to form, though, the SECURE act stands for the “Setting Every Community Up for Retirement Enhancement Act of 2019”.

If the Senate and House agree on the bill as it stands now, it could end up being a big deal that changes the way lots of people save for retirement, invest in 401(k)s, IRAs, and other retirement accounts, and even the way they tackle student loan debt.

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