This post comes from Philip Brewer at partner blog Wise Bread.
My very first experience running a household was in 1980, just as the last big inflationary period was spiking above 10%. My carefully constructed budget was destroyed by prices that were rising by 1% every month. Since then, I've given considerable thought to how to deal with just that situation.
Since history seems dangerously close to repeating itself, it's a timely topic.
Read More...
