SoFi Blog

Tips and news—
for your financial moves.

Dog in ghost costume

Investing Doesn’t Have to be Scary

The air is crisp, the leaves are changing—it’s time for jack-o-lanterns, spiderwebs, witches, horror movies and…Halloween! As all things spooky enter the spotlight, there’s no better time to face your fears. And if investing is one of them, we’re here to let you know that investing doesn’t have to be scary.

In one survey, SoFi found that 56% of millennial women say that fear holds them back from investing. But investing, as part of an overall financial plan, can help you grow your wealth. When armed with the proper information and assistance you can conquer your stock market fear. That way you have more time for Halloween costumes, candy, and trick-or-treating.

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Painted rock pumpkins

Tricks to Save Money this Halloween

Admit it. You love Halloween.

And what’s not to love with all the spooky costumes, festive parties, eerie decorations and killer candy assortment? But, one downside—besides the calories—is the cost to do it all just right. Fortunately, there are plenty of tips and tricks you can use to maximize the enjoyment of this holiday while minimizing the expenses.

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Blue mini cooper

Money Saving Tips: 5 Ways to Save Money on Big Purchases

You’ve got your eye on a big purchase, something you’ve dreamed of owning. So, now what? How do you know when it’s the right time to buy an item that isn’t really a necessity? Well, the first step is to evaluate your current financial situation, including how much money you have in your savings and investment accounts, and the bills you currently owe. Are there any significant expenses you anticipate coming soon? Do you expect any negative impacts on your finances in the predictable future?

If a review of your finances suggests that, yes, it’s reasonable to consider splurging on a big purchase, then it makes sense to determine how you can save money to get the best deal possible.

In this post, we’ll get into money-saving tips, tricks, and hacks to help you save money when buying a car, getting engaged, planning your wedding, going on a cruise, or buying a boat. We’ll also show you how using SoFi Invest can help position you so that you can potentially afford the purchases of your dreams.

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Hands in a circle

Pros & Cons of Careers in Nonprofit Organizations

If you’ve longed to pair your professional expertise with a cause that’s close to your heart, applying for a job within the nonprofit sector may seem infinitely appealing.

Focused on a social cause-driven mission rather than financial gain, nonprofit careers offer an opportunity to earn a living while working toward a shared philanthropic goal. Whether you’re committed to climate change, education, healthcare, or another worthy endeavor, chances are you’ll find an opening that matches your skill set, as many careers in nonprofit organizations mirror those in the for-profit arena.

From coveted executive director positions to critical roles in accounting or marketing, finding a spot that allows you to demonstrate and develop your talents shouldn’t be too difficult. But are you ready to make the move?

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Green friendly house with solar panels

How to Make Your House Green Friendly with a Personal Loan

If you’re thinking about going green with your home, good for you! Benefits of doing so can be significant for the environment and the economy, and in terms of making a positive social impact. Green buildings use less energy, less water, fewer natural resources, and can even have a net positive effect in creating energy. Economically, you can save money on utilities, while living in a healthier environment. You can find a significant amount of information about these benefits from the World Green Building Council .

More specifically, the council shares the following message: “The world over, evidence is growing that green buildings bring multiple benefits. They provide some of the most effective means to achieving a range of global goals, such as addressing climate change, creating sustainable and thriving communities, and driving economic growth.”

And the good news is that there is no one “right” version of environmentally-friendly homes. You can choose from a huge range of strategies to go green, some large and significant, while others are small yet mighty. To help you go green your own way, we’ve scoured the web for resources to help.

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