The price of a two litre bottle of soda has increased from $1.25 to $1.50 in the last week. “It’s only a quarter, no big deal,” you might say. Actually, it is a big deal, because this is a twenty percent price increase. Twenty percent seems to have become the norm for price increases. Property taxes increased by twenty percent. Insurance costs increase by twenty percent. Electricity rates have increased by twenty percent over the past several months.

The only thing that is not increasing is my income. Continue reading DAY SIXTY-ONE: Eighty-Twenty Rule →