ELI5: Explain Like I'm 5

Exeter pound

Hi there little one! Today, let's talk about something called the Exeter Pound. Do you know what money is? It's when we use special little papers or shiny metal coins to buy things.

Well, the Exeter Pound is a special kind of money that people in the city of Exeter in England can use instead of regular money. It's a way for people to support their local community by spending money in small independent shops instead of big chain stores.

So instead of using regular pounds (that's the money we use all over England) to buy things, people in Exeter can use Exeter Pounds. They look a bit different – they have pictures of local landmarks and they come in different colours. But they have the same value as regular pounds.

The idea is that by using this special kind of money, people can help their local community thrive. They can support local businesses and keep money in the area instead of sending it to big companies far away.

So that's what the Exeter Pound is all about – using a special kind of money to help and support the community. Pretty cool, huh?