Savings bonds are a type of government-issued security that is designed to help people save money. They are considered a low-risk investment, and they offer a fixed rate of return. Savings bonds are available in a variety of denominations, and they can be purchased through banks, credit unions, and the Treasury Department.
There are a number of benefits to buying savings bonds for children. First, savings bonds can help children learn about the importance of saving money. Second, savings bonds can provide children with a source of income in the future. Third, savings bonds can help children build a strong financial foundation.