Lock Stamp Prices In ‘Forever’
With any overall financial plan, the one silent killer people often leave out is inflation. Especially when it comes to the actual cost of buying your basic staples like groceries, gas, and utilities. While there has been a substantial increase in business being done on the internet, the United States Postal Service (USPS) may raise prices effective January 2nd, 2011 to 46 cents for the first ounce of a first class stamp. This would essentially be an 8% increase.
How can you make a smart financial decision? Load up on Forever stamps! While the cost of a first-class stamp would go up, people who buy Forever stamps at the current 44 cents or at lower prices will still be able to use them without paying the difference. (source: www.thetimestribune.com)
Under the proposed increases, in addition to the 46-cent rate for the first ounce, the cost for each additional ounce would go up a penny to 18 cents. The cost to mail a postcard would go up 2 cents to 30 cents.
Stamp prices will likely continue to go up each year if the United States Postal Service continues to lose money. It lost over 3.8 billion dollars last year alone. (source: www.thetimestribune.com) If you want to lock in your stamp prices ‘Forever’ you can go to www.shop.usps.com to learn more.
Additional Reading Material – Hot Summertime Deals , Who pays the bills: MEN or WOMEN? , How Do I Get A Good Home Inspection? , How Do I Get A Good Home Inspection? , Summer Time Wines
Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®
Co-CEO and Founder oXYGen Financial, Inc.
Request a FREE consultation: www.oxygenfinancial.net
oXYGen Financial, Inc. co-CEO Ted Jenkin is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.
TED JENKIN IS SECURITIES LICENSED THROUGH INVESTACORP, INC. A REGISTERED BROKER/DEALER MEMBER FINRA, SIPC. ADVISORY SERVICES OFFERED THROUGH INVESTACORP ADVISORY SERVICES, INC. A SEC REGISTERED INVESTMENT ADVISORY FIRM. Linked sites are strictly provided as a courtesy. Investacorp, Inc., and its affiliates, do not guarantee, approve nor endorse the information or products available at these sites nor do links indicate any association with or endorsement of the linked sites by Investacorp, Inc. and its affiliates.
