Morning Money Matters: Skipping the stamp increase

News 12 This Morning: February 11, 2009

In a couple of months, the Post Office is going to raise the price of stamps again, but there's something you can do right now to make sure you won't have to pay more to send a letter.

Starting May 11, 2009, stamps will go up 2 cents, making them 44 cents.
That gives you plenty of time to stock up on forever stamps, which
will continue to sell at the current 42 cent rate until the increase occurs.
They never expire, and you can use them no matter how much stamps increase.

This is nothing new. Every year, stamps go up in May with an announcement like this one every February. The overall change is tied to the rate of inflation in the year before.

So, the next time you're at the post office pick up a book of forever stamps.
They'll save you at least a little money in a time when every cent counts.


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