Personal Finance & School children Part 8

 


 “Money Magic with Mr. Raj – A New Beginning in Class 6”

The first week of Class 6 brought a fresh mix of excitement and nervousness. The students, now older and a little taller, had been eagerly waiting for the return of their favourite subject, “money magic.” They had enjoyed Miss Anita’s gentle lessons in Class 4 and Ms. Deepa’s playful style in Class 5. But who would guide them now?

On Friday, the classroom door opened, and in walked a tall, smiling man with twinkling eyes. “Good morning, Class 6,” he said warmly. “I’m Mr. Raj, and I’ll be your new guide in money magic this year.”

The children straightened in their seats. A new teacher, a new style, it felt like the start of a new adventure.

“Before we begin,” Mr. Raj said, “tell me what you remember from earlier years.”

Hands shot up. Riya recalled budgeting and saving. Aryan proudly explained the class store game. Meera mentioned sharing through the kindness jar. Rohan added how they planned for the future.

Mr. Raj nodded. “Excellent! You’ve built a strong foundation. Now, in Class 6, we’ll go deeper. Are you ready for something new?”

“Yes, sir!” the class shouted.

Mr. Raj smiled. “Today, we’ll learn about something that affects not just children, but every adult too, banks.”

He pulled a big box onto his desk, decorated with a sign that read “Class 6 Bank.” Inside were colourful slips, envelopes, and shiny tokens.

“Think of a bank as a safe place where people keep their money,” he explained. “The bank protects it, and sometimes even helps it grow. But that’s not all. A bank can also lend money to those who need it.”

To make it fun, he announced, “We’ll run our own bank right here.”

He chose Aryan and Meera as the first “bankers.” Each student received a few tokens as “money.” The children could decide: keep the tokens in their pockets, or deposit them in the Class Bank. For every deposit, the bank promised to give them a little extra, a bonus token, after two rounds.

The classroom buzzed with excitement. Some students rushed to deposit, while a few, like Rohan, decided to hold on to their tokens.

After two rounds of class activities, the bankers gave back the deposits along with the bonus tokens. The depositors cheered. Those who had kept their tokens looked on thoughtfully.

“See,” Mr. Raj explained, “this is how banks encourage saving. They give you interest. But remember, banks also lend, which we’ll explore next time.”

The bell rang, but the children stayed back, still counting their tokens and chattering about “interest.”

Mr. Raj smiled. “This is just the beginning. In Class 6, we’ll explore banks, businesses, and even how money moves around the world. The magic is only getting stronger.”

And with that, Class 6’s money journey had begun, full of curiosity, colour, and the promise of new discoveries.

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