SoFi Blog

So far, 2019 has been a banner year for IPOs, and it’s been an exciting ride. Some companies, like Beyond Meat have seen their share prices skyrocket, while other tech darlings haven’t fared so well. Here’s a look at some of this month’s IPO offerings, including the much-anticipated public introduction of Slack.

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.

Credit cards and credit card debt are popular, real popular—and not in an enviable sort of way. You might even be dealing with some credit card debt of your own. Maybe you signed up for a credit card in college and it still has a balance hanging around. Maybe you had an emergency repair on the car and had to put it on a card. Or maybe you couldn’t resist that one really, really good sale. You’re not alone.

The typical American household carries nearly $7,000 in credit card debt and nearly half of all Americans have credit card debt.

With so many of us carrying those cards, and that debt, it’s not surprising that folks have tried extreme tactics to stop using them as a way to deal with the balances and interest rates that can make credit card debt so hard to pay off.

But before you begin slicing up those plastic playthings, read on for a few other ideas.

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.