ELI5: Explain Like I'm 5

Manilla (money)

Money is available in different types to make it easy for people to manage, save, and exchange. You may have seen small rectangular-shaped papers that people use to buy things like ice cream, toys, or candy. These papers are called Manilla money. A long time ago, people used actual silver and gold coins as money, but now, we can use Manilla money to do the same thing.

Manilla money is printed by the government and is made up of a special type of paper that can't be easily copied or duplicated. This is important because if someone could easily make fake money, they could use it to buy things they didn't really pay for, and that wouldn't be fair to the people who actually earned the money.

Manilla money comes in different denominations, which means you can get different amounts of it depending on how much you need. The smallest amount of Manilla money is called a "centavo," and it's worth a very small amount. Like, if you buy a candy for just one centavo, you can pay with one small piece of Manilla money. The next denomination is called a peso, and it's worth a lot more than a centavo. You can use pesos to buy things like drinks or snacks.

When you get Manilla money, you can keep it in a wallet or purse, just like your parents do. It's important to take good care of it so you don't lose it or accidentally spend it on something you don't need. If you save up a lot of Manilla money, you can use it to buy bigger things like toys, books, or clothes.

So, in summary, Manilla money is a special type of paper we use to buy things instead of trading things like silver or gold. It's printed by the government, comes in different amounts, and you can use it to buy things just like your parents do.
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