Interest is rent for using money!
Simple Explanation
- Saving: Bank pays you for using your money
- Borrowing: You pay to use bank's money
Demo Activity
Lend Rs. 100 and charge Rs. 10 interest after a week!
Parenting Tips•April 2, 2026•4 min read
Teaching Kids About Interest Rates
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Gollak Team
Family Finance Experts
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