Stamp Prices Increased This Week
Tip It!After having written about the upcoming stamp price increase way in back in February, I almost forgot about it myself. In case you missed it, stamp prices went up from $0.41 to $0.42 this past Monday. Hopefully you have “Forever” stamps. If not, you’ll need those pesky little penny stamps to round things out.
Whatever you do, don’t send off a bunch of bills with the wrong postage on them — there’s nothing worse than getting a bill that you paid on time returned to you after the due date because of insufficient postage.
While we’re talking stamps, why not hop on over to Stamps.com for a bunch of free postage and a free digital? You can always cancel if you don’t like it.
Published on May 15th, 2008 - 2 Comments
Filed under: Miscellany
About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!
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May 15th, 2008 at 9:41 am
These frequent postage increases are really starting to irritate me. I still have a handful of 2 cent stamps to offset my finally dwindling roll of 39 cent stamps, and now I need to get 1 cent stamps just so I can use my remaining stock.
This is mainly for stuff I have to mail for work, so it isn’t the cost that is an issue, but the stupid extra stamps you have to put on.
I mean, why can’t they just grandfather the old stamps? I’d like to see if the 1 penny they lose from a few people using up their existing stamps is more than the actual cost of printing all these stupid 1 and 2 cent stamps. I’m willing to bet that it is costing them more to print all the extra stamps than to let people get away without paying an extra penny.
May 19th, 2008 at 9:05 am
In Canada the increase in the price of a stamp is by law less than the cost of inflation. So it does not make sense to stock up on “permanent” value stamps.
I wrote an analysis on this. I would assume that it is the same in the US.
http://frugalcanadianliving.bl.....anada.html