You can usually guess someone’s New Year’s resolution because it often involves losing weight, getting into better shape, or cooking more nutritious meals.
Look, we’re not trying to throw shade. If those are your goals, they’re impressive. Drop those pounds, build that muscle, try kelp—we’re with you.
how to invest when you have student loan debt, or set up a complimentary appointment with a SoFi financial planner to talk through a personalized plan.
4. Set Yourself Up for Success
If you know that you should save more but you’re like, “I’m up to my eyeballs in student loans, I’m trying to buy a house, and my retirement portfolio is sadder than the latest album by The National,” we hear you.
Even if you’re not ready to save more right now, consider opening some savings or investment accounts anyway. “It’s about having the infrastructure in place. If you build it, they will come,” says Song.
This way, if you get a surprise gift, bonus, or class-action settlement, you can throw it into one of these buckets instead of your checking account. Consider automating a monthly payment—even if it’s just $10—to each account because you probably won’t notice a difference, it’ll get you into the habit, and you may feel motivated to increase the amounts once you see the money grow.
Is “start investing” one of your 2021 resolutions? Give us a shout and we can talk about different options available. Plus, get financial planning support from our advisors at no extra charge.
SoFi Invest® is all about empowering you and your financial future, and we’re here to help. Schedule a free personal consultation with one of our licensed financial advisors who can help you plot your best path forward.
SoFi Relay is offered through SoFi Wealth LLC, an SEC-registered investment advisor. For more information, please see our Form ADV Part 2A, a copy of which is available upon request and at www.adviserinfo.sec.gov . For additional information on SoFi Wealth LLC, SoFi Relay, and products and services of affiliates, see SoFi.com/legal. SoFi Invest® The information provided is not meant to provide investment or financial advice. Investment decisions should be based on an individual’s specific financial needs, goals and risk profile. SoFi can’t guarantee future financial performance. Advisory services offered through SoFi Wealth, LLC. SoFi Securities, LLC, member FINRA / SIPC . The umbrella term “SoFi Invest” refers to the three investment and trading platforms operated by Social Finance, Inc. and its affiliates (described below). Individual customer accounts may be subject to the terms applicable to one or more of the platforms below. 1) Automated Investing—The Automated Investing platform is owned by SoFi Wealth LLC, an SEC Registered Investment Advisor (“Sofi Wealth“). Brokerage services are provided to SoFi Wealth LLC by SoFi Securities LLC, an affiliated SEC registered broker dealer and member FINRA/SIPC, (“Sofi Securities).
2) Active Investing—The Active Investing platform is owned by SoFi Securities LLC. Clearing and custody of all securities are provided by APEX Clearing Corporation.
3) Digital Assets—The Digital Assets platform is owned by SoFi Digital Assets, LLC, a FinCEN registered Money Service Business.
For additional disclosures related to the SoFi Invest platforms described above, including state licensure of Sofi Digital Assets, LLC, http://www.sofi.com/legal. WM17126