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View Full Version : Giving savings bonds as birthday gifts...lame, or not?


Bugeater
08-30-2007, 05:49 PM
Last year for my son's birthday and for Christmas my wife's uncle (who in the past has been known for giving extravagant gifts, which I'm not really in favor of either) gave my son savings bonds instead. I've just been informed that he plans on doing it again this year and that it's at my mother-in-laws request (he needs to learn about saving money). Sure, that's all well and good, but I just think it's lame giving a 12 y o something like that as a gift. He's a friggin' kid for crying out loud, how is he supposed to get excited about that? Is he really going to learn anything from it?

Poll forthcoming.

Bob Dole
08-30-2007, 05:50 PM
Bob Dole's grandparents put money in a savings account for Bob Dole's college for birthdays 1 thru 16.

Mr. Flopnuts
08-30-2007, 05:51 PM
It's ****in retarded. Plain and simple. I don't see how giving a kid a piece of paper that will be worth money in a different lifetime teaches them shit.

JBucc
08-30-2007, 05:51 PM
Lame if it's the only thing.

Bugeater
08-30-2007, 05:52 PM
Bob Dole's grandparents put money in a savings account for Bob Dole's college for birthdays 1 thru 16.
I'll bet Bob Dole blew it all on booze and hookers when he turned 18.

Simplex3
08-30-2007, 05:53 PM
It's ****in retarded. Plain and simple. I don't see how giving a kid a piece of paper that will be worth money in a different lifetime teaches them shit.
Yes, it's much dumber than giving him a toy that he'll never play with/break/outgrow in a year.

I'm all for it. Our kids have plenty of crap laying around. We pass out slips so that people can put money in their college funds.

DenverChief
08-30-2007, 05:53 PM
I got a savings bond when I was 12...my mom put it in a "safe place" found it the other day -- $50 bond worth over $100 now -- wish I would have gotten more

DenverChief
08-30-2007, 05:54 PM
Yes, it's much dumber than giving him a toy that he'll never play with/break/outgrow in a year.

I'm all for it. Our kids have plenty of crap laying around. We pass out slips so that people can put money in their college funds.


DING!

BIG_DADDY
08-30-2007, 05:55 PM
Friggen great idea, it teaches the value of money. Why don't you ask the Jews how young is too young to start teaching your kids about money.

BIG_DADDY
08-30-2007, 05:56 PM
DING!

Chinese Dinner?

88TG88
08-30-2007, 05:57 PM
I think it's a pretty good idea.

Mr. Flopnuts
08-30-2007, 05:58 PM
Yes, it's much dumber than giving him a toy that he'll never play with/break/outgrow in a year.

I'm all for it. Our kids have plenty of crap laying around. We pass out slips so that people can put money in their college funds.



Who's birthday is it? Yours or theirs? I know when I was 12, I prayed that my parents would put my birthday money in a college fund.

Bugeater
08-30-2007, 05:59 PM
Friggen great idea, it teaches the value of money. Why don't you ask the Jews how young is too young to start teaching your kids about money.
How on earth does it teach them the value of money? IMO when he turns 16 and gets some shitty minumum wage job is when he'll learn the value of money.

Crashride
08-30-2007, 06:00 PM
I got them like crazy when I was younger and now im 22. Where is this supposed money at??

Simplex3
08-30-2007, 06:03 PM
Who's birthday is it? Yours or theirs? I know when I was 12, I prayed that my parents would put my birthday money in a college fund.
My kids have four rooms full of s**t they don't play with. Adding on to the house so they can fill a fifth is not an option.

They get a couple of toys each holiday. After that it's books and investments.

Bugeater
08-30-2007, 06:05 PM
My kids have four rooms full of s**t they don't play with. Adding on to the house so they can fill a fifth is not an option.

They get a couple of toys each holiday. After that it's books and investments.
Do you honestly feel they are learning anything from it?

SNR
08-30-2007, 06:06 PM
Don't give him those lame $50 bonds. When I cashed in my matured bonds, that's all that was there. They had all matured and I had a whopping total of $450.

Cash is much more impressive. Go that route, maybe the parents will force the kid to put it in his savings. In the meantime, however, you won't appear to be the bad guy.

BIG_DADDY
08-30-2007, 06:07 PM
How on earth does it teach them the value of money? IMO when he turns 16 and gets some shitty minumum wage job is when he'll learn the value of money.

It teaches them the to save and have something grow. Jews teach their kids that shit before they can even walk and obviously it works.

Simplex3
08-30-2007, 06:07 PM
Do you honestly feel they are learning anything from it?
The money? F**k no. They barely know it's going on.

Here's the deal. When my kids turn 18 they get their asses kicked out of the house and they get the keys to this fund. Our financial advisor estimates that if we quit putting in now, which we aren't, it would cover 3+ years of in-state tuition. If they spend it on school, great. If they piss it away on cars and booze, great. It's the last money they'll get out of me.

BIG_DADDY
08-30-2007, 06:08 PM
I got them like crazy when I was younger and now im 22. Where is this supposed money at??

Your porn collection? :shrug:

BIG_DADDY
08-30-2007, 06:09 PM
The money? F**k no. They barely know it's going on.

Here's the deal. When my kids turn 18 they get their asses kicked out of the house and they get the keys to this fund. Our financial advisor estimates that if we quit putting in now, which we aren't, it would cover 3+ years of in-state tuition. If they spend it on school, great. If they piss it away on cars and booze, great. It's the last money they'll get out of me.

What about when you shit your pants?

Simplex3
08-30-2007, 06:13 PM
What about when you shit your pants?
You mean when I'm old and need to be taken care of? I'm considering options:

1. Going skydiving without a parachute
2. Hunting grizzly bears with a sharpened spoon
3. Shark hunting wearing only a suit of tuna in heavily chummed waters
4. Wandering off in the woods and getting lost

I'll keep you updated when the list changes.

Bugeater
08-30-2007, 06:13 PM
It teaches them the to save and have something grow. Jews teach their kids that shit before they can even walk and obviously it works.
I'd buy that if it was actually their own money that they worked for.

Bob Dole
08-30-2007, 06:38 PM
I'd buy that if it was actually their own money that they worked for.

Bob Dole also had to put half of everything he earned into the savings account.

Even if Bob Dole wasn't putting his own money in, the monthly passbook interest statement (yes, Bob Dole is old) taught that you could actually get paid for not blowing every cent you had as soon as you got it.

BIG_DADDY
08-30-2007, 07:02 PM
You mean when I'm old and need to be taken care of? I'm considering options:

1. Going skydiving without a parachute
2. Hunting grizzly bears with a sharpened spoon
3. Shark hunting wearing only a suit of tuna in heavily chummed waters
4. Wandering off in the woods and getting lost

I'll keep you updated when the list changes.

LMAO, no I meant when you die dude. You're leaving all of it to the kids right?

Simplex3
08-30-2007, 09:47 PM
LMAO, no I meant when you die dude. You're leaving all of it to the kids right?
Hell no. There won't be anything left. Trust me. The only chance they stand is if my wife and I die young and in a car wreck.