C
Cut-Throat
Guest
With all of the talk about Gold and Oil Rising, I thought about computing my personal rate of Inflation for the last 12 months ending today vs. the 12 months prior to that.
I track everything with Quicken and decided to include only categories that are mostly not discretionary. Like Electricity, gasoline, Groceries, Property Taxes, Water Bill, auto Insurance, Natural Gas, House Cleaning, Health Club, Association Fee, Life Insurance.
I thought this mgiht make the number higher because it contains a lot of Energy related items.
I was actually shocked to see that the above items cost about $23,700 in the previous year and $23,500 in the last 12 months. My personal rate of inflation actually dropped!
Maybe the CPI rate is not that far off after all!
My Grocery Prices, Taxes and Insurance have offset the Energy Costs.
I track everything with Quicken and decided to include only categories that are mostly not discretionary. Like Electricity, gasoline, Groceries, Property Taxes, Water Bill, auto Insurance, Natural Gas, House Cleaning, Health Club, Association Fee, Life Insurance.
I thought this mgiht make the number higher because it contains a lot of Energy related items.
I was actually shocked to see that the above items cost about $23,700 in the previous year and $23,500 in the last 12 months. My personal rate of inflation actually dropped!
Maybe the CPI rate is not that far off after all!
My Grocery Prices, Taxes and Insurance have offset the Energy Costs.