The high cost of living keeps affecting us, with prices of food, bills, and other important things getting higher. Sending a letter is also becoming more costly.
Yes, the price of stamps is going to increase soon – only a few months after the barcode was added, making everyone’s old stamps without a barcode unusable.
You can save money on postage by following Martin Lewis‘ advice. Take action now to beat the high cost of postage.
This is what the person who started Money Saving Expert said.
How much will the cost of stamps increase.
Starting from October 2, the cost of a first-class stamp will go up by 14% for a regular letter. This is the second time the price has gone up this year, the first being in April when it increased from 95p to £1. 10
The price will increase from £1. 10 to £125
The price of regular second class stamps will stay the same, but it will cost more to send a big letter with second-class mail.
This is how everything is divided:
The price of first-class tickets has gone up by 15p, which is a 14% increase. The new cost is now between £1. 10 and £125
First-class large tickets increased from £1. 60 to £195, which is a rise of 35p or 22%.
Second-class standard postage will remain at 75p, there will be no change.
Second-class – Large: The price has increased from £1. 15 to £155, which is a rise of 40p, or a 35% increase.
The prices for Royal Mail’s Signed For and Special Delivery Guaranteed services will increase starting from October 2nd.
You can get all the details about the new fees on Royal Mail’s website.
Here’s how you can spend less money on stamps.
Martin Lewis has given some useful advice on how to save money on stamps before the prices go up again.
The journalist who writes about money said that the easiest way to stay ahead is to buy things now, while they’re still cheaper.
Caution: The endorsement from Martin Lewis is fake, it is the first AI scam targeting him.
For a long time, whenever the price of stamps increased, I advised people to buy a lot of stamps in advance. This is because if the stamp only indicates the postage class and doesn’t have a price on it, it will still be valid even after the price increase.
This method has worked well because the cost of a first-class letter stamp has increased. It used to be 60p in 2012 and now it is £1. 10, soon to be £1. 25
So it’s a good idea to buy a lot of things now, even if it’s just Christmas cards for the next few years.
Another way to save money is by using second-class postage for regular letters, as their prices are not increasing.
If you need to send a package, you can save money by using courier services like My Parcel Delivery or Parcel2Go instead of Royal Mail. If you are buying something for someone else online, you can have it sent directly to them for free if the items are expensive enough.
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