SoFi Blog

Tips and news—
for your financial moves.

family on the beach

Staycation Ideas to Try

Going on vacation sounds like a dream. After all, who doesn’t like jetting off to tropical destinations to sip on oceanside cocktails as the sun goes down? But, like anything in life, faraway vacation dreams can quickly turn into a nightmare.

Between planning, paying for, and actually taking time off work to go on a trip it can all become too overwhelming. So much so that you may choose to not go on a vacation at all, wasting your precious earned time off instead.

But, what if we told you there was a better way? Meet the “staycation.”

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Tips for Saving Money on Back to School Supplies

Fall might bring falling leaves and trips to the apple orchard for cider and donuts, but it can also bring a whole lot of stress, especially when it comes to back to school. As your student gets ready for a new year, you’re overwhelmed with new school forms, back to school physicals, sports sign up forms, and of course, the dreaded back to school list.

Back to school lists seem to be getting longer and longer, with students expected to show up with everything from whiteboard markers to tissues. Wondering how to save money on school supplies?

Just because your list gets longer every year doesn’t mean that you have to spend more. With back to school shopping sales and some creative reuse, there are many ways to save on school supplies.

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7 DIY Back to School Projects to Help Save Money

Setting your kids up for success in school involves big decisions like finding the right school for them and juggling their after-school programs with classes and family time. But there are little needs along the way, too: like school supplies to make sure that your kid is ready to take on the school day.

Back to school shopping list can easily grow out of control–backpacks, shoes, clothes, crayons, pens, notebooks and more. Theses costs can add up. For some families, this means being on the lookout for back to school savings.

Doing more DIY projects instead of buying new supplies could potentially reduce the money you spend on back to school purchases and also instill good money habits in your kids. Projects like these can help kids see that many materials can be given new life with the right creative project.

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Making Money by Blogging

Interested in traveling? Skin care and beauty? The latest tech? Sports? Today, the internet is king and if you’re looking for ideas for your upcoming trip, or even just a recipe for a quick dinner, there’s probably a blog out there ready with the answer.

The life of a blogger can seem pretty exciting. As a blogger, you have a space you can customize and use however you see fit. Want to devote your blog to crafts? Go for it. Use your blog to share tutorials, ideas, and your latest projects. The options are limitless.

And blogging doesn’t need to be a full-time job. For some, blogging can be a fun side hustle that allows them to share their ideas after the regular workday is done. With some time and effort, your blogging hobby could turn into a money-making venture.

Here are a few ideas for how to start a blog and make money.

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6 Ways to Get Back to the Financial Resolutions You Forgot About

Remember back on December 31, when you vowed this would be your year to get financially fit? How’s that working out for you, now that it’s mid-year?

If you’re like many Americans, it might not be going so great. Turns out, many folks forget or give up on their New Year’s resolutions by January 17 —and by spring, those good intentions are a tiny speck in the rearview mirror of life.

But that doesn’t mean you can’t get back on track. Financial resolutions are among the most popular each new year because we really do want to feel more secure about the future. The problem is, we tend to go too broad.

We say we’ll “save money” or “get rid of debt” or “stop spending so much.” But according to fans of the goal-setting acronym SMART (specific, measurable, achievable, relevant, and time-bound), those resolutions aren’t the most effective.

So let’s talk specifics. Here are six tips that can help you do a reset and give your old financial resolutions new meaning.

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