Parkinson's Law, named for Cyril Northcote Parkinson, states that, ''Work expands so as to fill the time available for its completion.''. Of more concern in Personal Finance, however, is Parkinson's Second Law; ''expenditures rise to meet income''. I've seen it happen with clients over and over again. When reviewing financial statements of a client it's easy to track the increase of expenditures as they tie directly to increases in income. If you find that you're strapped for cash, ask yourself if you are making more money than you were five years ago. Chances are that you probably have gotten an increase in pay. Now consider how your expenditures have risen since you got that last raise. Often you will find that you took on new bills or financial obligations at the time of a pay increase.