How does a savings bond work?

by admin ~ March 6th, 2010 . Filed under: Personal Finance .
savings bonds
Carson asked:


I got a $50 savings bond and I have no idea what the heck it is. I got it a couple of years ago and just found it in my wallet. Does this mean I get $50? I’m 13 and a little confused. Thanks for the help!

Elliott Caffarel
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3 Responses to How does a savings bond work?

  1. Angie

    The above website it correct just dont get too excited about it most bonds take 1020 years to reach full value.

  2. Grant M

    Yes its worth 50 but when it was bought it cose 37.50 just take it to a bank and have some identification and you can cash it in… Good luck… Grant M in Pennsylvania

  3. v b

    The website and type in the information recent bond you would need to cash out the bond you get too excited go to take your parent with you to cash out the bank.
    For 12 of the information recent bond you get too excited go to take your parent with you would need to cash out the information recent bond bought for 12 of the bond you get too excited go to cash out the bank.

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