Tip 89: No more postage
In the previous tip, I mentioned using an on-line bill payer
system to avoid late fees. Another
reason to use electronic bill paying is to avoid postage. In the old days, I would probably mail 20 or
30 bills per month, each requiring a postage stamp. These days, I rarely need postage since I
rarely mail letters. The on-line bill
payer system does not charge postage.
The bank can electronically transfer money to some businesses. For the bills that must be mailed, I imagine
that the bank gathers up all of the bills being sent to the same address every
few days and puts them in an envelope together.
So the postage probably does not cost the bank that much.
The use of postage for personal letters is also
declining. You can use e-mail and skype
for free communication instead of paying for postage to send letters. I rarely need to buy stamps anymore
I do still visit the Post Office occasionally to ship
packages when I sell items on eBay. It
is interesting that the internet is reducing my need for postage to send
letters, but is increasing my need for postage to mail packages. The good news is that I charge the buyers of
eBay items for postage, so I am not paying for it anyway.
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