<prompt> Human: In October my best friends son will turn 1. They havent really set up any savings for his future so rather than buying clothes or toys I though I could help him in the future with some money that will grow with him. I believe what Im thinking of is a savings bond, but I have no information about what it is, does, and where to get one. If a savings bond isnt the best option, what is? Thank you!  <response>: My dad bought a 50 savings bond for me as a child. I cashed it 20 years later. I made about 10 profit. 