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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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College Education Or Entrepreneurship?

Generation X parents continue to face the challenging uphill climb of saving for their children’s college education.   For a Generation X couple that has their first child here in 2012, the cost for a private college at $50,000 a year will cost over $518,000 of total dollars at a 5% inflation rate.   As crazy as that sounds, a parent would have to save $1,085 per month in today’s dollars to be able to reach that goal.    For most parent’s the thought of saving this much money to pay for the cost of education for just ONE child can be downright daunting.  Many of us believe that the cost of college education cannot defy gravity forever, but to this point there has been no stopping the rising costs for a four year degree. During the formidable teenage years, many parents help guide their children toward getting excellent grades in school, playing some sort of athletic sports, and filling their resume with ...

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5 ‘Back To School’ Ways To Save Money

It’s hard to believe that we are almost back to school.    I know some of you don’t have to start the end of summer ritual until Labor Day comes, but in Atlanta school starts in the middle of August and is just a few weeks today.   This means it is time to be a smart shopper and take inventory of everything you have in your house from last season.  Did the kids outgrow their clothes?   Is it time for a new backpack? What supplies are lurking in the back of drawer that got deposited there at the end of school last year?  While we are all trying to save a few bucks, here are some smart ideas to stretch your dollar during the back to school season. Run it through the business – If you have kids that meet the requirements to be able to work in your business, you might want to consider buying all and any of the ...

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5 Ways To Save Money On Mother’s Day

Mother’s Day is less than a week away and word on the street is that spending is up this year.    The National Retail Federal found consumers will spend 16.3 billion dollars on moms this year.    In a release from the National Retail Federation, its’ president state “on this Mother’s Day, the woman who often puts herself last is first on the list of millions.”   People get all kinds of gifts for moms.   Usually you see the staples like jewelry, perfume, flowers, and chocolates.   Children make their mothers special cards and it’s usually accompanied by a Sunday brunch at home or your local favorite restaurant.   With many people still tight at the pocket in 2012, here are a few smart money moves ideas for savings a few bucks while still doing great stuff for mom! Hunt For A Cheaper Deal– Almost every site that offers flowers is running coupon codes somewhere.  You might find the coupon from listening to a local ...

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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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