SoFi Blog

Tips and news—
for your financial moves.

woman college student in library

Can You Get Into An Ivy League Without Bribing Admissions?

Housewives. CEOs. Titans of industry. Your favorite aunt.

It seems like just about everyone these days is trying to get their kids into elite colleges—by any means necessary. And certain elements of the wealthy and well connected don’t seem to mind going through the back door—or side door—as long as their child gets accepted.

You’ve probably seen a news story or two about admissions tactics that have gotten some high-profile parents in hot water recently. These approaches, the “side doors” as they were pitched, went well beyond traditional means of giving students a leg up in the college process.

For the rest of us, who can’t fund a building or get a coach to admit our son on the basis of a photoshopped water polo player, we have one option: the front door. And that just means helping your child get accepted the normal way—sans bribes.

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before and after home renovation

HGTV’s Matt Blashaw Shares His Best Spring Renovation Tips

What is it about springtime that makes us want to tidy up our closets and refresh our homes? Maybe you’ve been admiring spaces on Pinterest and Instagram. Maybe you’re flipping through home design magazines and dreaming about the perfect master bathroom, an updated kitchen, or a new patio to enjoy this summer.

In fact, according to a recent SoFi survey* of 1,023 people ages 25-73, we found that the majority (45%) of people get their home renovation inspiration from HGTV and DIY Network, followed by friends or family (44%) and home blogs and websites (29%), Pinterest (25%), home decor and community websites like Houzz, and then Instagram (15%). Maybe it’s finally time to tackle your dream renovation project, once and for all!

SoFi partnered with HGTV’s Matt Blashaw , host of the popular show Yard Crashers, to help you achieve your dream home renovation without breaking the bank—or your budget. Here are a few of Matt’s tips to consider before your next home project gets underway:

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topdown of packed suitcase

How to Afford Traveling After College

After classes are over, finals have been taken, and mortarboards have been hung up, recent graduates pack up their suitcases for a trip of a lifetime. Taking a big trip after graduating from college has become a time-tested rite of passage.

Many new grads jet off to Europe or South America for the summer soon after the graduation ceremony ends. Usually, traveling after college serves a dual purpose: it is both a way to celebrate your huge accomplishment and to have some fun before joining the permanent workforce.

The only problem is that with many students graduating with hefty student loan debt and no source of income yet, funding your dream college graduation trip can be difficult. The good news is that, whether you’re planning an ecotourism trip to Belize or a classic tour of Italy, there are ways to make your dream trip happen.

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woman paying at cafe

The Do’s and Don’ts of Tipping

If you have plenty of money and a generous heart, tipping is a relatively easy way to be kind to another human being. For most people, though, it’s an annoyance. And some full-on despise it. You’ve already paid for the meal, they reason, so why tack a tip onto the price?

Besides that, there’s often math involved—typically a percentage. And the calculation frequently is done on the fly, while you’re talking, finishing your cocktail, wrapping up your business (or dinner roll) and looking for your keys.

Also, it’s inexact. There are no real rules for who or how much you’re supposed to tip – just a few general rules of thumb. (Which are not the same thing.)

And yet, this is how the world works. Or, at least, the United States. There are workers – and some are extremely hard workers – who rely on gratuities for a large part of their earnings. It’s become customary to acknowledge their service by adding a little extra to the bill.

And if you don’t, well, you’re kind of a jerk.

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St. Patrick's Day socks

7 St. Patrick’s Day Party Ideas on a Budget

Winter can be bleak. Short days, long cold nights, and countless snowstorms can take a toll. But come March, there is one emerald green bright spot. St. Patrick’s Day is a fun holiday for all.

There are tricks and treats from mischievous leprechauns that keep kids entertained and plenty of green beer for the adults. March 17 is right around the corner so get your green ready to avoid being pinched by a leprechaun (or your significant other).

If you’re playing host this year and are looking for some St. Patrick’s Day party ideas, we’ve got you covered. These fun festive ideas will have you and your friends feeling the luck of the Irish, all while helping to keep you under budget.

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