What is cash?

Cash is money you can hold in your hand and use to buy things.

Imagine you have a piggy bank full of coins, those are like cash too! When you go to the store, instead of using a card or a phone, you can give the shopkeeper some coins or paper money. That’s cash at work!

What Cash Looks Like

Cash is usually in two forms:

  • Coins: These are small, round pieces of metal like pennies or nickels.
  • Paper money: This is flat, like the bills you might see in a wallet, ones, fives, tens, and more.

How You Use Cash

Think about when you go to the ice cream shop. If you have a $1 bill in your pocket, you can hand it to the person behind the counter, and they’ll give you an ice cream cone in return. That’s using cash!

Cash is just like having little helpers that let you trade things, like trading one thing for another, but with money!

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Examples

  1. A child uses coins to buy candy from a store.
  2. Someone pays for groceries with paper bills at the supermarket.
  3. A person receives cash as a gift on their birthday.

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Categories: Science · money· finance· currency