Why I’m in love with the forever stamp

February 21st, 2008 | By SebBudgeting

mail.jpgOK, I realize the USPS announced an increase in their stamp prices a little while ago, but I just found out about it last night. While increasing postage costs are the just part of the inevitable forces of inflation, the USPS has thankfully given us a break. It’s the forever stamp, and it’s designed to save you money.

Forever stamps were introduced last year, and are intended to protect consumers from postage rate increases. Granted, a penny a stamp rate hike isn’t going to send most households into a financial meltdown, but the costs add up. A lot of utility companies still aren’t set up to accept online payments, which means each one gets a stamp once a month. Throw in a few birthday cards and a letter to grandma, and you’re looking at almost a dime in extra costs to add to your budget.

A forever stamp is exactly what it claims to be, a stamp that lasts forever. When you buy a forever stamp, you don’t have to worry about those annoying penny stamps you have to add on to your postage each time the USPS announces a rate hike. If anything, I make sure I get them for the convenience, because unless I specifically go to the post office, nobody ever carries penny stamps. So then I have to add two stamps to a letter just because I can’t find a penny stamp anywhere, and then I’m out two stamps when I could have used one forever stamp.

So while I’m not suggesting you go out and buy hundreds of dollars worth of stamps to hedge against out-of-control inflationary costs, forever stamps are something to consider. The idea is simple, and its execution is flawless. One stamp for any first-class letter price. So long, penny stamp. You won’t be missed.

7 Responses

  1. Aaron

    I always end up forgetting to buy the stamps. Last time the price of stamps went up, I was stuck with a ton of regular stamps and I couldn’t find the penny ones anywhere. Now that I have some time before the rate hike, I’m gonna hunt these forever stamps down :-)

  2. Jesse

    I agree they are nice to have, just dont use them as an investment ;)

  3. allison

    dont get me started on forever stamps… last time around I bought 20 dollars in stamps thinking they were forever stamps. turns out they were regular ones! next time im at the post office, im definately checking to make sure they are FOREVER stamps!

  4. Seb

    Hey guys, thanks for the responses. When you’re at the post office or grocery store and you’re buying stamps, be sure you ask for the forever stamps. Stores carry both kinds, and if you don’t specifically mention what ones you want you might get stuck with the wrong ones.

  5. Return of the Editor’s Picks! The Carnivals | I've Paid For This Twice Already...

    […] Copper: Why I’m In Love With The Forever Stamp. I love it too! I really love it! Hmm, this is the second post in my roundup from the same blog, I […]

  6. Festival of Frugality #116 : Great Designs | Green Panda Treehouse

    […] Why I’m in love with the forever stamp , a love sonnet by Pinching Copper. […]

  7. Monday Carnival Roundup - Editor’s Pick Edition « Are You Going To Be This Way The Rest of The Time I Know You?

    […] Much Clutter? 20 Tips for a Successful Garage Sale, and I am honored. Thanks! While there check out Why I’m in love with the forever stamp , by Pinching Copper. I’d just only recently heard about this stamp, and you can bet I’ll […]

Leave a Reply

Disclaimer: The authors of Pinching Copper are not professional financial advisers and no text within this website should be considered financial advice. Any individual who makes financial decisions based solely on the information contained within does so at their own risk. Always consult a financial professional.