An approximate identity is like a group of fairy godmothers that can help us make things better. Imagine you want to bake a cake, but you don't have all the right ingredients. You need sugar, flour, and butter, but you only have sugar and flour. That's where the fairy godmothers come in. They can wave their magic wands and make your sugar and flour take the place of the missing butter.
In math, we use approximate identities to help us solve problems in a similar way. We may have an equation that is missing some parts, but with the help of an approximate identity, we can fill in those missing parts to get a more complete equation. It's not perfect, but it's pretty close, just like how your sugar and flour cake may not be as good as a cake with butter, but it's still pretty tasty.
So, an approximate identity is a tool that helps us make things better mathematically, just like fairy godmothers can help make a cake better.