I read the news yesterday that the price of stamps is going up by a penny in May to $0.42. It seems like the price just went up to $0.41 not that long ago, but honestly, I don’t quite remember when it happened, so it could have been a while back. As I get older time seems to go by faster.
When the price of stamps went up the last time, a new stamp was introduced called the Forever Stamp. The idea is, you buy this stamp (it has a Liberty Bell on it) and it will always be worth the first class postage rate, no matter how much that rate goes up in the future. When they came out, I bought two books of them (40 stamps total), and since the only bill I pay with a stamp generally is my mortgage, I still have about 30 of them left. Hmm… I think that means it has been less than a year since the rate went up. Well, either that or I had some old stamps to use up first.
My question is, why does the post office even make stamps denominated with the actual first class rate any more? Do people still buy $0.41 stamps vs buying Forever stamps? Is it really worth risking the price changing and having to buy additional postage to have pretty stamps on your mail? There’s even a Jury Duty stamp – does the post office really sell a lot of those? I have a cost-cutting suggestion for the USPS – stop paying to produce stamps no one will use. Just simplify and streamline and only make Forever stamps for the first class rate. Then maybe you won’t have to raise the rates all the time.
Maybe I should go buy another book of Forever stamps before the rate goes up… For all the ways the post office generally annoys me, I’ll give them this one thing. I wish I could guarantee my other forms of money would be worth the same in the future as they are today like I can those stamps. Well, unless the USPS changes its mind.