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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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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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