Back in November of 1974, someone was excited about my birth and bought me a $25.00 savings bond. I'm 35 now, and that savings bond matured some time ago. It is worth about $130.00, which is a lot, but that weird amount, where I don't want to cash it and spend it on something like groceries, but also it needs to be spent on something special, so I can point to it and say, "my savings bond bought that." I've been hemming and hawing for years as to what to use it for.It has finally come to me: I'm going to use it to renew my teaching license. The total cost is around $200 dollars, so I will supplement the savings bond with some birthday money. But I think I finally hit on a fitting reason to cash this bond.
Great! Aaron Kircher has/had the savings bond I won at Senior Night. Hmmm...wonder why I didn't just keep it myself. Funny the things we do - but that is neither here or there. I just wouldn't mind if my free $50 was now something more. I like the idea of it funding your license. Very clever!!!!
ReplyDeleteThat is funny. My girls get two savings bonds every year fo christmas and bdays - right now they each have about 1000 in bonds. I never thought that it could be more than that for them someday. Dang I am living with two rich kids and did not even know it. Cool surprise though even better money in the laundry.
ReplyDeleteI was similarly confused for many years. I thought it was just worth $25.00. Then I was confused the other way, I thought that the person bought the savings bond for $25.00. Last year when I had to find a bat mitzvah present, I bought a bond and found out that the person paid $12.50. You buy them at half value and then they "mature" at some point and are worth a set figure, which is a lot more than the face value. It's pretty cool, if not logical, in my mind.
ReplyDeletegood investment
ReplyDelete