A bank is like a big, safe treasure box where people keep their money. Imagine you have a special box where you put your toys to keep them safe. A bank does the same thing, but for money. People give their money to the bank, and the bank keeps it safe, so they don’t lose it or spend it all at once.
Think of a bank as a money library. Just like a library lends books, a bank lends money. When people need more money to buy something big, like a house or a car, they can borrow it from the bank. Later, they give the money back, just like returning a book to the library.
A bank is also like a piggy bank, but for grown-ups. When you put coins in a piggy bank, you save them for later. People do the same with banks. They put money in their bank account to save it for the future, maybe for a vacation or a new toy.
Finally, a bank is like a team of helpers. The people who work at the bank help you with your money. They can help you save, spend, or even grow your money by earning a little extra called interest.