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Savings Bonds

January 2nd, 2010 at 06:54 pm

I decided to look up the value of my paper savings bonds that my Grandma had bought for me back in 2000, 2001 & 2003.

The one that was bought in 2000 is a $500 I-Bond earning around 6.4%. And then the 2001 is a $1000 I-Bond earning around $6.1% and the last one is a $500 I-Bond earning around 4.3%. So I was thinking of cashing them in at least the that was bought in 2000. But.... now after I see the interest rate, it's a lot higher than most of my savings accounts, I think I'll just keep them in their savings bond form. Not like I'm in dire need of the money. I just was just going to use them to pay towards my student loan. But now the interest rate is higher than the interest rate on my loan.

But my first achievement on saving in 2010 is the fact that I have yet to buy Christmas paper or Christmas cards. I usually buy wrapping paper and cards on deep discount after the holidays. I think mainly just because it's ON CLEARANCE. But I have 4 boxes of cards unopened and I have about 4-5 rolls of wrapping paper. So I'm planning on being good just use up what I have instead of being a hoarder and accumulating in excess of things that I have more than enough of.

Yep, 2010 is going well so far. Only 2 days so far, but those 2 days are doing pretty well. Thinking positively, Smile. The only thing I have to do is on Monday I need to call the benefits department for my job. I got a letter in the mail today stating that I had declined medical, dental and vision coverage. WHICH IS NOT TRUE AT ALL! I'm a little annoyed at the letter because I sent in my paperwork the same time I sent in the paperwork for the voluntary life insurance and personal accident insurance paperwork that was processed according to the letter. In fact what doesn't make sense is that everything was on the same form and it was all filled out when I sent it in. So, I don't know what's up. Going to find out on Monday.

But yet until next time.

2 Responses to “Savings Bonds”

  1. baselle Says:

    Re: savings bonds. Since you now have a little portfolio of bonds, check out using the Savings Bond Wizard to keep track of them -

  2. lizajane Says:

    Oh, I hope you can get the benefits thing straightened out!

    Good idea to pass on the clearance items. I didn't send cards this year, and barely wrapped any presents. I don't think I've bought either item in 2-3 years. At this rate, what I have will last me 10 years!! Smile

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