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Stamp Prices Going Up

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The price of stamps goes up an entire penny on Monday. If you use a lot of stamps you may consider buying 100 of the Forever Stamps at $41. This will save $1 vs. buying them next week. I know a great many people that will consider this. Some of them will use 20 minutes of their and 80 cents of gas to save that dollar.

I just got back from the post office, I had some other errands to run. I asked the clerk if people were buying more Forever Stamps. She said that they were flying off the shelves. She said that everyone is trying to save a little money. I made a comment about how they'd likely earn more in interest if they put the money in a bank or CD. I don't think the clerk realized why. In the end, she had more customers to take and I had to be on my way.

If you were thinking about running out to buy stamps, I'd think twice. Is it really worth the savings? I'd rather focus on something bigger. A couple of packages of Ramen noodles isn't going to make my day.

Last updated on June 14, 2008.

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12 Responses to “Stamp Prices Going Up”

  1. Chris says:

    People freak about about stamp prices a lot. We’re about to send out over a hundred invitations, and it does add up… but only to a hamburger at McDonalds.

  2. Mrs. Micah says:

    I guess compared to e-mail, the cost of stamps seems dramatic.

    We bought the Forever stamps last time we were there mostly because we wanted to be sure that we weren’t going to have to buy 1 cent stamps and tack them on all our postage. But I think most stamps now are just plain “first class” and you don’t have to worry. Like the forever ones. I seem to remember those a few cents back. I just decided to ask for the Forevers just in case.

  3. Lazy Man says:

    It doesn’t seem like the clerk believed that. I asked her why they weren’t all Forever stamps and said she had no idea why not.

  4. Mrs. Micah says:

    Weird. I see no reason NOT to buy Forever stamps when they’re an option. For anything other than 1-stamp deals, anyway.

  5. Frugal Dad says:

    Almost as funny as my mother-in-law driving all over town to save $.05 on a gallon of gasoline. And then going in to buy a pack of smokes. I give up!

  6. Daniel says:

    We’re stuck with about 25 regular stamps(non-forever stamps) because we bought the roll of 100 from Costco. I don’t mind a 1 cent increase, but they should all be forever stamps. I’m going to start using the bill pay service provided by our bank to reduce the number of letters and stamps we use to pay bills.

  7. When you compare it to e-mail (or picking up the phone for that matter), the cost of stamps DOES seem dramatic.

    Maybe this is so because I happen to send off a lot of mail. The thing is, I like being able to write a handwritten note often times. Things aren’t always “so” important that I need to pick up the phone or send an e-mail right away. A handwritten note seems just fine.

  8. irina says:

    Precisely, LM. I always admonish myself when my mind began to wonder off the right course. It is 8 am and I was thinking to run to Walgreens to catch an exceptional last day deal that would earn me … drum rolls, please… $20.
    But then I sat back and said to myself, “Are you crazy? In that time you could send 10 e-mails to your past and prospective clients and have a solid $500 in your pocket. I know for a fact that 10 e-mails like that always result in $500 or more in bookings for me.

    And then I went and checked yours and other favorite blogs instead of catching up with my e-mials!

  9. Ryuko098 says:

    We all know why they don’t make every stamp a Forever Stamp – that’s just bad business practice :p. I personally have lots of .41 Star Wars stamps that I’ll need to buy some .01’s later, but like many of us, I still don’t use stamps too often. Mostly just for sending birthday/holiday cards. I bought some Forevers a little while back anyway. Not quite as cool as getting a birthday card w/ Yoda on it, but as rare as I use them, chances are it’ll be closer to .50 by the time we run out.

    It’s really nice to send hand-written notes to people (I don’t because my hand writing sucks), but when it comes to bills, nowadays almost any bill can be paid over the internet – if nothing else, through direct deposit or transfer from your bank’s website, meaning a savings of 41 cents over buying the Forever Stamp.

  10. EA says:

    I like the forever stamps because I don’t send much mail. I do a lot of online billpay and email and such, so I use stamps mostly for local bills and cards (birthday and holiday). So I love the idea of never having to wonder if a stamp is still a valid amount. But I’m not running out to buy them, I just ask for them when I buy stamps. Next time I rummage for stamps, I’ll know the half-book I find is valid because it says “forever”.

  11. Tom says:

    WHY does it seem like stamp prices are going up every other week? But then again, I can’t complain because think of today’s world and that litle stamp can ship a little letter from new york to california.. that’s pretty impressive!

  12. Schwamie says:

    If you really want to save money on postage, just log into e-bay and you’ll find plenty of dealers that are selling loads of stamps BELOW face value. Then only issue becomes if you have enough space on the envelope for all the stamps that equal the amount of the going rate of postage (and the assumption that you can add!).

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