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12 Days Of Christmas For $27k

Posted by Mark B Lackie Posted on Dec 17 2014
I have not been doing my BLOGs like I should. But when I was doing them, one of the most popular BLOG entries each year is the annual 12 Days of Christmas BLOG. It is based on the famous Christmas Carol.  The financial advisory company PNC Wealth Management computes the 12 Days of Christmas and calls it the CPI - Not the Consumer Price Index but the Christmas Price Index. If you want to check for yourself, you can go to their website  (pncchristmaspriceindex.com).

So, what do they find for 2014. For 2014, the Christmas Price Index went up by a mere $280 or approximately 1%. The total CPI for 2014 totals $27,673.22 compared to $27,393.17 last year. How did they compute it?  Well, they computed the cost of each item and then added that up. For the CPI, they only use 1 total for each day (not the 12 Partridges and a Pear Tree or 22 Turtle Doves).  So, let us take a look at each days computations.

Day 1 - A partridge in a pear tree will set you back $208 compared to $200 last year.
Day 2 - Two Turtle doves remained the same at $125.
Day 3 - Three French Hens went up a whopping 10% but still only cost $182.
Day 4 - Four Calling Birds must be a stable market as they remained at $600.
Day 5 - Five Gold Rings also are stable on the pocketbook as they remained at $750 (where are they buying 5 rings for $750).
Day 6 - Six Geese a laying went up a whopping 71% but like the French Hens; they remain fairly inexpensive as they now cost $360.
Day 7 - Seven Swans a Swimming remained constant. Unlike those inexpensive geese, swans are the second most expensive item that will hit your wallet. The cost remained at $7000.
Day 8 - Eight maids a milking are making minimum wage and as such they work 1 hour each for a total of $58 for 2014 and 2013.
Day 9 - Nine Ladies Dancing are working for the same amount as last year. But they are the most expensive item on the list at $7,553.
Day 10 - Ten Lords A Leaping will get you calling the government.  Shouldn't ten Lords A Leaping Make at least the same amount as Nine Ladies Dancing. But, they don't make anywhere close to the dancing ladies. The ten lord's will cost you $5,348 which is up 2% from last year.
Day 11 - Eleven Pipers Piping are making the same amount as last year. They are going to set you back $2,635.
Day 12 - Twelve Drummers Drumming also are working for the same amount. They will cost you $2,855.

I invite you to visit their website as they have made it an educational tool to teach finances to children (and adults).

I hope you get to enjoy some time with friends and family and have a safe and Merry Christmas.



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