SoFi Blog

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.

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.

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.

Between managing your overflowing inbox, handling budget reports, and attending all of the meetings on your calendar, multitasking may be your default mode of operation. While you may feel like you’re operating at peak efficiency as you toggle between countless windows, in reality, constantly changing your focus may be wreaking havoc on your productivity.

The same logic can be applied to your finances. Trying to juggle multiple priorities when it comes to money can feel overwhelming. If you’re taking a flexible approach with your finances, you may not have a plan for your income. And that can leave you wondering how to allocate your money after paying your bills.

Should you save or invest? Or are you going to spend some of your money on a trip or purchase? The ability to multitask can be an asset, but it can also allow distractions to prevail. But is multitasking actually bad?