SoFi vs. Wealthfront

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▽MY FINANCIAL TOOLS▽

🏦 SoFi Complete Money Management
➤ Checking & Savings - [ Ссылка ]
➤ Credit Card - [ Ссылка ]
➤ Invest - [ Ссылка ]
➤ Budgeting - [ Ссылка ]

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💰 Chime Fully Online Banking
➤ Sign-Up for Chime HERE: [ Ссылка ]
➤ Chime Credit Builder HERE: [ Ссылка ]

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💳 Favorite Credit Cards
➤ Chase Sapphire - [ Ссылка ]
➤ Capital One Venture X - [ Ссылка ]
➤ Chase Ink Business - [ Ссылка ]
➤ Amex Green - [ Ссылка ]
➤ Amex Platinum - [ Ссылка ]
➤ Amex Business Gold - [ Ссылка ]

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📊 Wealthfront Automated Investing
➤ First $5,000 Managed for FREE - [ Ссылка ]

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💵 Current Card
➤ Current | Modern Banking App - [ Ссылка ]

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📸 MY CAMERA GEAR
➤ My Camera: [ Ссылка ]
➤ My Microphone: [ Ссылка ]
➤ My Lights: [ Ссылка ]

SoFi is an incredible banking tool that also has investing features while Wealthfront is an investing tool that also has banking features so which one is the best one-stop-shop for your finances. Well, today let's find out.

The core feature of SoFi is their SoFi money account which gives you the ability to get paid up to two days early, pays a decent 0.25% interest rate which is alright currently but not that great but they also have no fee overdraft coverage, a generous welcome bonus which you can get using the link down in the description below, access to their network of over 55,000 free to use ATM's, no fees across the board, and in my opinion, one of the best designed mobile apps when it comes to financial technology. So while SoFi was technically started as a student loan lender and that is absolutely still a large part of their business, in my eyes at least I view SoFi money as their core platform however what you may also know is that SoFi has their own investing tool as well and that's why I would put them in the category of a banking tool that also has investing features but as we've talked about before the investing platform on SoFi is a little bit limited.

Similar to SoFi I have made a number of videos about this platform including a brand new video where I walk you through every single menu step-by-step so sure to check that out if you want to give this platform a shot and I'll also leave a link in the description where you can get your first $5000 of investments managed for completely free. But in a nutshell, Wealthfront really made a name for themselves by offering one of the easiest to use automated investing platforms and similar to SoFi’s automated investing platform and some other competitors that are on the market, again they're going to ask you your risk tolerance, what your financial goals are and from there they will build a custom portfolio for you made up of different asset classes like U.S. stocks, foreign stocks, emerging markets, dividend stocks, municipal bonds, REITS, TIPS, and several others.

For me personally, I have decided to go with Wealthfront because I have little interest in buying individual stocks and if I do well I have a SoFi invest account and I can go ahead and do that. But for a majority of my long term retirement investing including my own Roth IRA and my business is step IRA, I absolutely love Wealthfront and I love the fact that I can just set up an automatic transfer, it has a custom catered portfolio that in my opinion is much more robust and optimized than the automated options from SoFi. Zooming out a little bit further if I had to decide between these two platforms and pick one of them to be my all-around financial tool no surprise here but I would personally go with SoFi.

0:00-Wealthfront vs. SoFi
0:55-SoFi Features
4:03-Wealthfront Features
6:59-Key Differences
10:04-The FINAL Verdict
11:09-Earn FREE Money

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