💸 The jolt of coffee prices

Plus, 5 ways to cut costs on vacation
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SoFi On The Money
June 30, 2025
 
 
THE SOFI SO WHAT

Budget Brewing: How to Cope With Rising Coffee Costs
By Lora Shinn

If the caffeine doesn't wake you up, the prices might.

A typical coffee out now runs us $3.50 a pop, up 50 cents from early 2023, according to May restaurant sales data collected by the tech platform Toast.

A standard cold brew is $5.40. And those Instagram-worthy summer frappes? A cool $6+, thanks to all those extra ingredients and crafting time.

But there are habits and then there are habits. And coffee is our national beverage of choice, with two-thirds of adults downing an average of three cups of java a day, according to the National Coffee Association (NCA).

So what can you do to keep drinking without breaking the bank?

Read more
 
 
5 THINGS TO DO

5 Things to Do to Save Money While You're on Vacation
By Ben Kesslen

Ever feel like vacations would be a lot more fun if you weren't worried about the money?

The cost of getting to your destination and staying at a comfortable place is plenty, but then you layer on meals, activities, and cab fare. Pulling out that credit card over and over can end up overshadowing what was supposed to be a break from your day-to-day reality.

And it feels almost cruel: Taking time off is critical for your mental health, yet coming home to a mile-long credit card bill is pretty darn stressful.

Thankfully, it doesn't have to be: Whether you're headed to the beach, the mountains, or a new city, a few simple strategies can help you spend less and enjoy more. Here are five ways to stretch a buck on vacation — without missing out.

Read more
 
 
SoFi Toolkit
Your SoFi Toolkit
If you're still finalizing your summer vacation plans, check out SoFi's travel platform for discounts on last-minute trips.
 
 
WEEK AHEAD ON WALL STREET

Labor Fireworks
By Mario Ismailanji

This week the market will be hoping for its own declaration of independence — a decisive break from the recent uncertainty and a clear signal on the future path of interest rates.

Investors are bracing for a condensed but critical batch of economic data. Several key reports are clustered together, setting the stage for potential market fireworks ahead of the long weekend.

On Tuesday, the latest Job Openings and Labor Turnover Survey (JOLTS) should provide insight into how employers are feeling about hiring these days.

But the real sparks could fly on a jam-packed Thursday, when the main focus will be the Employment Situation Report. (It will be released early because of the Fourth of July holiday Friday.) Investors will parse the headline numbers — job growth, wage growth, and the unemployment rate — for signs of strength or weakness in the labor market.

Any downside surprises could fuel talk of a potential interest rate cut at the next Federal Reserve meeting in July, while a hot jobs report would all but eliminate the possibility of one.

Read more
 
 
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💸 The jolt of coffee prices 💸 The jolt of coffee prices Reviewed by PaidmeLLC on June 30, 2025 Rating: 5

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