SoFi Blog

Tips and news—
for your financial moves.

8 Things Every First-Year Law Student Needs to Know

Law school isn’t for the faint of heart. It takes hard work, dedication, passion, and commitment. After undergrad classes and hours spent studying for the LSAT you may think you’re ready for what lies ahead, but law school is an experience unto itself.

Most likely, you’re at a new school and, in addition to a rigorous course schedule and academic challenges, you’re faced with making new friends and settling into a new life. Before you embark on your first year of law school, here are eight things you should know.

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man working at a business

5 Financial Goals for the Newly Self-Employed

You just did something that many people only dream of. You actually ditched the day job, and now you fly solo. You’re the CEO of your own company, party of one. It takes a lot of self-confidence and chutzpah to make this leap, so if you haven’t patted yourself on the back yet, you probably should.

But don’t revel too long, because hustlin’ ain’t easy.

Choosing to become self-employed, whether as a freelancer, consultant, or small-business owner, can be equal parts exhilarating and terrifying. While it comes with the freedom to take long lunches and set your own schedule, it also means leaving the nest and hunting for your own food.

So, where to start? In some ways, setting financial goals for a business will somewhat mirror how you’d set personal financial goals. In other ways, it will be vastly different. Here are a few tips to help you get a jumpstart on being not only your own CEO, but your own CFO, too.

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10 Travel Destinations to Beat The Summer Heat

Remember the long, cold winter days you spent cooped up inside wishing for sunnier, warmer weather? Those days are now a distant memory as the summer heat starts to take hold.

Sure, you could sit in the air conditioning, but who wants to spend all summer inside? And sometimes, fighting the crowds for a spot at the local pool, beach, or lake can be a headache.

If the rising temperatures have you searching for “cold places in July,” this list could be just what you’re looking for. Summer vacations don’t have to be all beaches and hot, humid days. Here are some cool weather summer vacations that could help you beat the heat this summer.

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Seeking Advice From Siblings on Student Debt

As the American student debt crisis looms, more and more families are being burdened. For 2018 graduates, the average student loan debt was $28,500 . So, while it may seem like you’re alone in dealing with your debt and you may feel like you are facing a lifetime of anxiety, know that 60% of student loan borrowers expect to pay off their student loan debt in their forties .

As with any difficult situation, it is important to have people to talk to. Financial advisors are helpful, but family and friends can also provide crucial support and guidance.

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pregnant woman

Affordable Babymoon Ideas & How to Pay for Your Trip

Congratulations, you’re having a baby! Soon, your entire life will be filled with baby bottles, diapers, and … so many sleepless nights. Before you welcome a new life into the world, your to-do list will likely keep expanding.

From preparing the nursery and assembling a crib to creating a birth plan and baby-proofing the house, there is a lot to take care of. And we know it can be completely exhausting. While you are hustling to get everything ready before you bring your little one home, you might want to take a minute to slow down and enjoy this process. One way parents are doing this is by celebrating with a babymoon.

A babymoon is an excursion you go on with your significant other just before the birth or adoption of your child. It’s a time to kick back and relax just one last time. Sure, this trip sounds like another expensive baby-related item, but it doesn’t have to be. Here are a few ideas on how to plan, where to go, and ways to finance your last getaway as a twosome without going overboard on the budget.

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