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What Does 2% Cash Back Mean? Is It Worth It?
https://www.sofi.com/learn/content/what-is-2-cash-back/
When a cash-back rewards credit card features a 2% cash back feature, that means you receive a flat 2% back on all purchases. This can be a solid way to reap rewards. Read on to learn the ins and outs of what 2% cash back actually means, as well as the pros and cons of […]
ATM Withdrawal Limits: What You Need to Know
https://www.sofi.com/learn/content/atm-withdrawal-limit/
ATMs can be a quick, easy solution when you need a fast cash infusion, but banks typically impose a limit on how much money you can withdraw in one day. If you are planning to withdraw a certain amount of cash, it can be wise to know whether you’ll actually be able to get the […]
A Guide to Liquor Store Loans
https://www.sofi.com/learn/content/liquor-store-loans/
Liquor stores can generate good profit margins and are considered largely recession-proof. But they also come with considerable expenses — such as inventory, payroll, rent, and security systems. Fortunately, there are a number of loan options that can help you get you the funding you need to start or grow your wine and spirits business. […]
Is 300K a Good Salary for a Single Person in 2024?
https://www.sofi.com/learn/content/is-300k-a-good-salary/
The average salary across the United States sits at $63,795, per the Social Security Administration. So an income of $300,000 per year — more than four times that figure — is by most standards a great salary for a single person in 2024. Of course, even a large amount of money can come up short […]
Benefits of Mobile Banking: Key Features and Innovations
https://www.sofi.com/learn/content/benefits-of-mobile-banking/
Once upon a time, people had to fit their schedules around the limited “bankers’ hours” of bank branches. Today, it’s easy to take care of almost all of your banking needs without ever stepping inside a physical branch. As long as you have your smartphone and a wifi connection, you’re good to go. The rise […]