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Account: A Kid-Friendly Money Dictionary Definition
Updated

Account: definition for kids from Sammy Rabbit’s kid-friendly money dictionaryWord and Category

Word: Account

Category: Place Word

Related Definition: Savings Account

What this category means:

Place words describe locations where money is kept, tracked, or managed. These words help children understand that money can live in specific places and that each place has a purpose.

Definitions

In Simple Words

An account is a place where your money is kept and counted.
A bank account helps you know how much money you have.

A Little More Grown-Up

An account is a record that shows how much money belongs to you and where it is kept. A bank account helps you store money safely and keep track of deposits and savings over time.

Account balance means how much money is in your account right now.

Context Clues

Note: You can find the word “account” in Sammy Rabbit stories and activities when kids talk about saving money, checking how much they have saved, or setting goals.

Sammy Says

Sammy Says:
“An account keeps count—
That’s what it’s all about!”

Money Habit Connection

Having an account helps children learn to track their money, stay organized, and make thoughtful choices about saving and spending.

Silly Sentence

My account counted my coins so carefully it wore tiny glasses.

Serious Sentence

An account shows how much money you have saved at the bank.

Rhyming Sentences

Silly Rhyming Sentence:
My account can count, shout it out—every coin knows its amount!

Serious Rhyming Sentence:
An account helps me see what I’ve saved and how much is still with me.

Examples of Using an Account

Saving money in a bank

Checking how much money you have

Adding deposits over time

Saving toward a goal

Examples of What Is Not an Account

Cash in your pocket

A toy or object

Money that is lost

Related Money Words

Bank • Save • Deposit • Balance • Interest

Opposite Money Words

Spend • Lose

Questions Parents and Teachers Can Ask Kids

Ask your child or student:
“How does an account help you make smart money choices?”

Remember

An account helps you keep track of your money so you know where it is and what it can do.

Related Standards Aligned Lesson Plans

  • Coming soon

Keep Kids and Families Learning

  1. Kids, families, and schools of every kind can enroll in Sammy Rabbit’s Money School with a FREE, PREMIUM or Group Discount Money School Memberships, giving learners access to engaging, age-appropriate financial education resources.

  2. Parents, teachers, and community leaders are invited to explore the resources and teaching tips available on SammyRabbit.com, starting with award-winning financial educator Sam X Renick’s article series, Money Lessons Parents Should Teach Kids!

  3. Schools, community organizations, employers, and partners can learn more about Sammy's Dream Big Financial Education curriculum, a flexible, standards-aligned approach designed to help children build strong money habits, confidence, and lifelong skills.

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