the situation-
my grandma is a very stubborn, old-fashioned person. She thinks the best way to invest your money is through savings bonds, so ever since i was born 16 years ago shes bought me a $50 dollars savings bond every year for my birthday, she also bought me a few extra when i was little...the thing is by the time i need the money for college in about 2 years...ill have about $1,100 dollars in bonds which is absolutely nothing, but my grandma basically thinks shes paying for my whole college tuition...to be short, i need about $400 for a physical training program that is well worth the money, and this seems to be my only option...my parents said i can use the bonds as long as my grandma says its okay...but how i do i ask an old-fasioned, stubborn lady who grew up thinking bonds are the best way to go even though today they are depreciating by .67% a year... im only gonna lose money by holding these bonds, but how i do i ask my grandma permission for this without hurting her?
2007-02-24
02:57:51
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6 answers
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asked by
GivinTakinKnowin
2
in
Personal Finance