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Christmas Costs $107,300 in 2012!

WOW!  Christmas costs $107,300 this year!  That’s a 6.1% increase over last year! One way of tracking inflation is to price the 364 items named in the song, “The Twelve Days of Christmas”.  We’ve all been singing this since we were kids although I doubt most of us would want most of these items! A […]

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groceries

CPI – Real Number or Pie in The Sky?

No doubt you have heard repeatedly about the CPI.  No, this isn’t a professional designation!  CPI stands for the Consumer Price Index. The CPI, a common measure of inflation, is discussed monthly with the various reports that come out from the government.  What does the CPI mean to you?  Is it a real number?  How […]

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Green Line 2

Have You Watched TV Lately?

Marketing geniuses would have you believe that there is magic in retirement if you just stay on the green line. Or that all you have to do is figure out what your number is. If it’s so out of reach it might as well be a $Gazillion. Then you could just randomly throw money at […]

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grocery inflation

$219,000 Just to Eat!

Most people are somewhat familiar with the “Rule of 72”. In financial circles it refers to how long it will take your money or a particular investment to double, given a fixed annual rate of interest. It is one of those formulas designed to be a quick ballpark calculation and not a scientific certainty. For […]

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