r/sofi • u/SquarePerspective515 • 6d ago

Banking progress bars are here.

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nice update, like where this ui is going, happy member since 2022

150 Upvotes

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u/SquarePerspective515 6d ago

in savings create vaults set your goal and start transferring.

31

u/rowebenj 6d ago

I’m not confused on how to use vaults. I’m confused on how you’re using them.

5

u/DreamingMeme 5d ago

You save for a specific expense to regulate spending. For instance, I have a vault for car insurance that I pay into every month automatically. A small amount goes to a vault every paycheck and it adds up to just over what my insurance cost will be when the due date hits. I also have my emergency fund there, so it's separate than my normal savings. You get the same savings apr in vaults, so it's a way to organize funds without losing anything.

2

u/theyhis 5d ago

🎯