148 Search Results
148 Search Results
https://www.sofi.com/learn/content/what-is-a-christmas-club-account/
Are you toying with the idea of opening a Christmas Club account? It may sound like a retro idea, but a Christmas Club (or Holiday Club account) is simply a short-term savings fund that can help you plan for and manage the annual spending blizzard. The strategy can be smart, since during the most recent […]
https://www.sofi.com/learn/content/most-important-components-of-a-budget/
Financial gurus, your money-savvy friend, and personal finance books and articles all say the same thing: You need a budget. Why? Because without any guardrails to guide your spending decisions, you can end up overspending (and, in turn, running up debt). You may also find it difficult to reach important financial goals, such as building […]
https://www.sofi.com/learn/content/how-to-save-money/
You likely agree that saving money is a good idea. Putting extra cash aside every month can help you reach your financial goals, whether that’s building an emergency fund, going on vacation, or putting a down payment on a car or home. But wanting to save money and actually doing it are two very different […]
https://www.sofi.com/learn/content/extra-income-sources-for-retirees/
Many retirees are looking for ways to earn money, whether by doing online or seasonal work, tapping their entrepreneurial streak, or perhaps downsizing in order to raise cash. Here’s why: The average Social Security retirement benefit as of February 2024 is $1,772.51, which probably isn’t enough income to support a comfortable life for most people […]
https://www.sofi.com/learn/content/using-multiple-savings-accounts-for-different-goals/
How many savings accounts you should have will depend on your savings goals and money management style. You may prefer the simplicity of having just one savings account. Or, you might find it helpful to have different savings accounts for different savings goals, such as an “emergency fund” and a “travel fund.” There’s no ideal […]
See what SoFi can do for you and your finances.
Select a product below and get your rate in just minutes.