ELI5: Explain Like I'm 5

DIMES

Dimes are a type of coin that are worth 10 cents. You know how you have different types of toys, like dolls or cars or stuffed animals? Adults have different types of money, like pennies, nickels, dimes, and quarters. Dimes are one of those types of money.

They are smaller than a penny and have a silver color. On one side of the dime, you will see a picture of a person called Franklin D. Roosevelt, who was the president of the United States a long time ago. On the other side, you will see the number 10 and the word "cents" which means that the dime is worth 10 cents.

People use dimes to buy things like candy, small toys, or even part of a bigger toy. Sometimes, if you save up enough dimes, you can buy something really cool! Just like how you might save up your allowance to buy something special, adults use dimes (and other types of money) to save up and buy important things like groceries, clothes, or even a house.

So, in short, dimes are small silver coins that are worth 10 cents and are used to buy things just like how you use different types of toys to have fun and play.