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Could Stamps Be A “Forever” Investment?

There is a reason you want the Your Smart Money Moves blog by your side.   Over three and half years ago, I wrote you a blog about buying forever stamps.  Did you take advantage of my advice?  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) will raise prices effective January 26th, 2014 to 49 cents for the first ounce of a first class stamp.   This would essentially be a 6.5% increase.   Bulk mail is also going up by 6% and with a raise to 33 cents, postcard will be up 10% versus 3 ½ years ago. How can you make a smart financial decision?   Load up on Forever stamps! Issued in 2007, the first forever ...

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How Much Does Your Community Benefit From You Spending $100

I recently came across a staggering article around what is deemed today as Marketplace Fairness.    The 2012 International Council Of Shopping Centers had a promotional infographic regarding the following question . . . How Much Does Your Community Benefit From You Spending $100?    What they found is that a local retailer was able to retain about $68 within your community.    If A National Retailer moved in they were able to retain $43 within your community.   However, the most silent killer of all was the online retailer who retained $0 within your community.    In fact, the article went on to demonstrate that for every $1 million dollars of sales, a local retailer was able to create 4 jobs whereas an online retailer was only able to create 1 additional job.  It’s likely that one job isn’t in your community. Sometimes a bargain isn’t always what it seems.    Since online merchants aren’t currently required to charge sales tax, local retailers can be ...

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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 ...

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What did it cost a decade ago?

All I need is a bottle of Martini &  Rossi Spumante, a pack of batteries, and a can of coffee. That is what you may have heard if Steve Martin was doing his best impersonation as The Jerk telling you what cost you less than it a decade ago. ...

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