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Another USPS Postage Increase

If you still mail letters the old fashioned way (through USPS), there’s some bad news being delivered by the post office. The U.S. Postal Service will be raising the price…

Photo by Justin Sullivan/Getty Images

If you still mail letters the old fashioned way (through USPS), there's some bad news being delivered by the post office.

The U.S. Postal Service will be raising the price of their "forever" stamps to .55 cents starting on January 27th. This will be the biggest price hike (percentage wise) since 1991, when the price of a postage stamp went from .25 cents to .29 cents.

However, postcard rates will stay at .35 cents, although Priority mail prices will jump by 5.9% on average.

So, I see two things happening. One, a big run on current "forever" stamp sales before the rate hike takes effect. And two, a big up-tick in email correspondences after January 27th.

Rich Fields is a veteran radio broadcaster who is best known for having been the Announcer on the Price is Right. He is also an Emmy Award winning Meteorologist .