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Asset: A Kid-Friendly Money Dictionary Definition
Updated

Asset definition for kids from Sammy Rabbit’s kid-friendly money dictionaryDefinitions

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

Sammy Says: Assets grow when you take care of them!”

Money Habit Connection

Taking care of your assets helps you build good money habits and reach your goals.

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.

Examples of Assets

  1. Money in a piggy bank

  2. A bike you ride

  3. A book that helps you learn

  4. A toy you take good care of

Examples of What Is Not An Asset

  1. Candy you eat right away

  2. A toy you break and throw away

Related Money Words

Saving • Income • Investment • Goal

Opposite Money Words

Liability

Questions Parents and Teachers Can Ask 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.

Keep Learning

Keep:

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