“Money
Magic with Mr. Raj – Learning to Borrow from the Bank”
The next Friday, the students of Class 6 were already waiting
before the bell. The excitement from their first “banking lesson” still
lingered. Many had been proudly talking at home about how their tokens grew
when deposited in the Class Bank. Some even asked their parents about
“interest,” surprising the grown-ups with their new knowledge.
Mr. Raj entered with his usual warm smile. “Good morning,
bankers and savers! So, did anyone tell their parents about interest?”
A chorus of voices erupted, “Yes, sir!” Meera said her mother
smiled and showed her a real passbook. Aryan said his father explained how
fixed deposits worked. Rohan admitted sheepishly that he had asked for interest
on his pocket money! The class burst into laughter.
“Wonderful,” said Mr. Raj. “Now that you know how banks help
your money grow, let’s explore another side of the story. Do you remember I
mentioned that banks don’t just take deposits - they also give
loans?”
The children leaned forward.
“Let’s play it out,” he said. He invited two volunteers - Riya
and Aryan. “Riya, you are a baker who wants to start selling cupcakes. But you
need more tokens to buy flour and sugar. Aryan, you are the banker.”
Riya pleaded, “Sir, can I borrow 5 tokens from Aryan’s bank?”
“Sure,” Mr. Raj replied. “But Aryan, as the banker, will ask
for something in return. Just like he gave interest earlier, now he’ll charge
interest.”
Aryan grinned. “Okay, I’ll lend you 5 tokens, but you must
return 6 later.”
The class gasped. “That’s not fair!” shouted Rohan.
Mr. Raj raised his hand. “Ah, but that’s how it works. The
extra token is the bank’s profit for taking the risk. If Riya sells her
cupcakes well, she can repay easily. If not, it becomes harder. That’s why
borrowing should always be done carefully.”
The play continued. Riya pretended to sell cupcakes to her
classmates. She collected enough tokens to repay Aryan - plus the extra one.
The class clapped, and Riya beamed.
“See?” explained Mr. Raj. “Loans can help people achieve their
dreams - starting a shop, buying a cycle, even building a house. But if you
borrow too much without planning, it becomes a burden. That’s why wise
borrowing is as important as wise saving.”
The bell rang, but the students didn’t move. “Sir,” Meera
asked, “will we also learn how businesses use loans?”
Mr. Raj nodded. “Exactly. Next time, we’ll step into the shoes
of business owners and see how money flows. Class 6 money magic has only just
begun.”
The children walked out buzzing with ideas - cupcakes, banks,
loans, and the new world of possibilities ahead.
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