... and raise your rates accordingly? Check this out, http://www.coinnews.net/tools/cpi-inflation-calculator/
Enter in your current rate and the year you set it. Then put in 2008. If you haven't raised your rates by at least $5 in the last two or three, chances are you aren't keeping up with inflation. That is if your rates are in the $45 to $55 range. If you charge $60 to $75, you will be down about $10 since 2005. It is almost like you lost money!
I felt ill when I saw those numbers.
Enter in your current rate and the year you set it. Then put in 2008. If you haven't raised your rates by at least $5 in the last two or three, chances are you aren't keeping up with inflation. That is if your rates are in the $45 to $55 range. If you charge $60 to $75, you will be down about $10 since 2005. It is almost like you lost money!
I felt ill when I saw those numbers.