Monday, April 7, 2008

Postage Price Increase & the Forever Stamp

Have you heard that on May 12, 2008, the price of postage is going up again? The price of a first-class stamp will increase from 41 cents to 42 cents. (You can find all of the details of the new prices on the US Postal Service website.) Of course, the Forever stamps that the USPS introduced last spring will still work for first-class postage after the increase even if you bought them for only 41 cents each.

Are you going to stock up? With a one-cent increase, I may have normally considered getting an extra book (for a total savings of 20 cents), but I wouldn't have stock piled. However, my upcoming wedding is requiring a lot more mail than in an average year. So, I already have started to stock up.

Luckily, our wedding invitations are only going to require a regular first-class stamp. (And what better stamp to have on a wedding invitation than Forever?!) We'll also need stamps for the response cards that will go inside of each invitation. I'll also mail invitations for the bridesmaids' luncheon. Of course, there will be lots of thank you notes to send: wedding gifts, shower gifts, and friends and family who have helped with various aspects of this event. We will have a few payments that need to be mail after May 12th. And Mom says it's customary to send Christmas cards the first year after the wedding to everyone who was on the invitation list.

So, I estimate the grand total to be about 400 stamps! Wow! No, the savings won't be huge, but I'll take the $4 savings by stocking up on Forever stamps now.

I found interesting commentary and calculations on The Simple Dollar blog that might help you decide if you should stock up on stamps too.

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Miss Mommy said...

I will probably buy an extra book or two, but definetly will not stockpile. I really do not use that many stamps these days at all...I am big into online is just way easier for me to stay organized.

Now, if they were going up 25 cents a stamps....I would have a WAY different lol

Betsy said...

Miss Mommy,

I agree with you. I do some online payments now. But once I have a husband (instead of a sister/roommate), I imagine I'll be doing even more online payments. Until then, it's easier if we each write a check for our half of the payment.