Four Things That Will Cost More This Year
“The mother of all evil is speculation.” — Gordon Gekko
You aren’t crazy. Everything is costing more. Here are four things that are going up in price in 2011.
From Wallet Pop:
Groceries – The USDA is speculating that there will be a two to three percent increase in all food this year. That’s due to higher corn and soybean prices. Food prices jumped by almost six percent in 2008.
Clothes – Cotton is 80% more expensive than it was at this time last year and some clothing companies plan to increase their prices by ten percent this year.
College – It’s a must in today’s world and this year, tuition at private schools are going up by five percent. Public colleges are increasing tuition by eight percent.
Gas – The former president of Shell Oil is speculating that gas could be as much as FIVE DOLLARS A GALLON by the end of the year. Let’s all hope he’s wrong.
“Those who cannot remember the past are condemned to repeat it.” — George Santayana