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Kiplinger
Kiplinger
Business
Alexandra Svokos

Is It Still Worth It to Gift Savings Bonds?

U.S. series EE savings bonds in different denominations layered over each other.

As more and more of my family members and friends have kids, and as those kids hit milestone ages, I've been trying to strategize the best gifts for them. And, no, I'm not talking about keeping up with the latest Tickle Me Elmo trends.

I'm fine with being the boring adult who hands over an envelope at birthday parties, knowing of course the children won't understand it now, but we're giving them investments they'll appreciate when they're grown, whether in the form of 529 contributions, gifted stocks or bonds. Plus, I honestly just hate the idea of gifting plasticy toys that'll get forgotten within a few months and end up in a landfill. Blame the millennial in me.

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