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Originally Posted by Radiant1  My grandma did that for me, and although I didn't think much of it as a kid I really did appreciate it when it came time to pay for college. Grandmas who give savings bonds rock!  |
Used my savings bonds from grandma towards a down-payment on our first house. They were the old series bonds, not the ones that are tax deductible for college. As old as they were, they were worth close to 3 times the face value, plus the home builder had this first-time buyer incentive that if we could show an accumulation of certain amount of savings to apply towards settlement, they would match it. The money from the bonds went into that account, so the money doubled again.
