Found Money – Savings Bonds
If you are of a certain age, you probably received a gift of a US Savings Bond at some point in your childhood.
These paper bonds were sold at 1/2 or 3/4 of their face value, matured to their face value in about 5 years, and continued to mature until they were 30 years old.
Today I went through my bonds and discovered that I had 3 bonds older than 30 years. They were all $25 bonds. They’re now worth almost $350 now that they’ve stopped earning interest. The next time I go near the bank I’ll cash them.
Check your old files and sock drawers. You might have some bonds that have stopped earning interest.
An easy way to check the value of the bonds is at Treasury Direct Savings Bond Calculator.
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