💸 The cost of connection

How to lower your monthly internet bills
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SoFi On The Money
July 18, 2025
 
 
THE SOFI SO WHAT

Are Internet and Cable Busting Your Budget? Take Control
By Debra Cope

Is a growing internet bill your latest financial headache? For most of us, home internet is a must for daily life. But with the typical U.S. household paying $121 a month, internet/cable is the biggest monthly bill Americans face after their rent or mortgage and auto loans, according to data from doxoINSIGHTS. And the service is often not even reliable, a recent survey found. Luckily, you do have options.
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SoFi Toolkit
Your SoFi Toolkit
Want a simple way to check if your internet bill has gone up? SoFi's free Relay spending tool tracks your recurring expenses over time.
 
 
Decoding Markets with Mario Ismailanji, Senior Analyst of Investment Strategy at SoFi
Tariff Bite Incoming
The stakes are high. Tariffs are the highest they've been in 100 years, President Trump is clamoring for rate cuts, and Federal Reserve officials are in wait-and-see mode until they get more clarity. Fed officials have said that they expect tariff impacts to become increasingly apparent as summer moves along, and investors will be scrutinizing every data point anxiously.

Which brings us to this week's major inflation data. The Consumer Price Index (CPI) increased by a seasonally adjusted 0.3% month-over-month, a step up from the more benign 0.1% rise recorded in May. This monthly acceleration pushed the year-over-year inflation rate to 2.7%, up from the prior month's 2.4%.

While core CPI, which excludes the volatile food and energy components, came in below consensus estimates at 0.2% month-over-month, things were less rosy under the hood.

Read more
 
 
WHAT WE’RE LISTENING TO

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Tariffs are starting to show up in consumer prices, new inflation data shows. (NPR)
Listen here
 
 
WHAT WE’RE READING

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Are Americans going to lose their favorite in-office perk? Employer tax deductions for snacks and drinks are set to expire under the new budget bill.
Read more
 
 
BUSINESS BITES

Informed investment decisions start with informed insights. Here's what's making headlines:

🧸  PopMart (PMRTY), the Chinese toy giant behind the viral Labubu dolls, said it expects profit for the first half of the year to soar 350% as revenue more than triples. PopMart, which began selling its shares on the Hong Kong Stock Exchange in 2020, has a market cap worth over 6x as much as Barbie-maker Mattel's. (BBC)

💄  Legacy beauty giant Estée Lauder (EL), which was slow to sell through retailers like Sephora and Amazon, is making a fresh push to reach shoppers online as sales slump. (The Wall Street Journal)

🏦  Goldman Sachs (GS) and JPMorgan Chase (JPM) beat analysts' quarterly earnings estimates this week as investment banking and stock trading revenue grew, bolstering the Wall Street bigshots. Still, both companies warned of macroeconomic uncertainty ahead. (Quartz)
 
 
RICHER LIVES 

play button
Snowboarding legend Shaun White opens up about making million-dollar deals as a teen and building wealth beyond the slopes.
Watch here
 
 
Intel, insights, and inspo for your money.
On the Money cuts through the noise of day‑to‑day financial news to bring you a more thoughtful point of view on what's important in this moment — and how it impacts your bottom line. We value your trust above all.
 
 
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💸 The cost of connection 💸 The cost of connection Reviewed by PaidmeLLC on July 18, 2025 Rating: 5

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