Good day folks and thanks so much for joining me today on the financial education Channel. I'm Jeremy and, as always, my goal is to provide free and easy financial education to the entire world. So please subscribe today. We're going to talk about what is a savings bond. A savings bond is something that's issued by the government, and it is you giving the government a loan for an X amount of time. So you say, "Hey, I have a thousand dollars sitting around. I want to buy a government savings bond." And like I said, that is basically a loan to the government, and they pay you small bits of interest on that loan. It can't be cashed for at least 12 months after you buy it. So once you hit twelve months, you are free to cash, and you'll be able to cash it for a small amount of interest. But if you want the maximum amount of interest, you need to keep it for a full fifteen to thirty years. As of recent, the last few years, savings bonds have become much less popular because the interest rate given on those bonds is so low now versus the 70s and 80s where the amount of interest the government was paying out back then was much higher than it is today. So I hope this told you what a savings bond is in an easy and straightforward way possible. And as always, please subscribe to the financial education channel. Thanks so much for watching, guys. Have a great day.