NOTE to parents, teachers, and educators of every kind: Use this definition as a simple, kid-friendly teaching tool. Click this link to view the full index of current money terms and definitions, and learn how to use the Sammy Rabbit dictionary to support teaching and learning.
Word and Category
Word: Asset
Category: System Word
What this category means: System words explain how money is used in the real world. They help children understand what money is for and how people use it to buy, save, give, and trade for things they need and want.
Definitions
In Simple Words
An asset is something you have that helps you or makes your life better.
A Little More Grown-Up
An asset is something you own that helps you now or can help you later and is expected to grow in value.
Sammy Says Sentences
Sammy Says: “Assets grow when you take care of them!”
Silly Sentence
My piggy bank is an asset because it guards my coins like a tiny, serious dragon.
Serious Sentence
Saving money is an asset because it helps you buy things you need later.
Rhyming Sentences
Silly Rhyming Sentence:
My bike’s an asset, I ride it fast—zoom, zoom, fun that lasts!
Serious Rhyming Sentence:
Saving my money is an asset to me, it helps my future grow strong and free.
Money Habit Sentences and Connection
Money Habit Sentences:
Saving money is a good habit that helps you build an asset for the future. Taking care of an asset, like your savings, starts with a smart money habit.
Share with kids:
Taking care of your assets helps you build good money habits and reach your goals.
Examples of Assets
Money in a piggy bank
A bike you ride
A book that helps you learn
A toy you take good care of
Examples of What Is Not An Asset
Candy you eat right away
A toy you break and throw away
Related Money Words
Saving • Income • Investment • Goal
Opposite Money Words
Liability
Questions for Kids
Ask your child or student: “What’s something you own that helps you now and later?”
Remember
Assets help you today—and help your future too.
Get the Entire Dictionary in One PDF
Want a FREE printable PDF of the complete Sammy Rabbit Kid-Friendly Money Dictionary? Contact us to learn how to get a copy for your home, classroom, or community.
Keep Kids Learning
Keep:
kids listening, learning, singing and growing with a FREE or PREMIUM Money School Memberships.
parents, teachers, and community leaders learning and growing their financial literacy teaching skills by reading Sam X Renick's series of articles: Money Lessons Parents Should Teach Kids!
delivering financial education at home, in school, and other venues with Sammy's Dream Big Financial Education curriculum!
Suggestions and Questions
We welcome your questions, suggestions, and ideas! Let’s connect, brainstorm, and partner to keep helping kids, families, and communities build strong financial literacy knowledge, habits, and skills—so together, we can create better and brighter futures for all.
CONNECT NOW
