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Bank: A Kid-Friendly Money Dictionary Definition
Updated

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

Word: Bank

Category: Place Word

Related Definition: Piggy Bank

What this category means:

Place words describe locations where money is kept, saved, or managed. These words help children understand that money has a safe place to live and grow.

Definitions

In Simple Words

A bank is a safe place where people keep their money.
You use a bank to save money until you need it later.

A Little More Grown-Up

A bank is a place where people store their money, save for future goals, and keep track of how much money they have. Banks help keep money safe and organized.

Banking means using a bank to save, spend, or manage money.
Banked means money has already been put into a bank.

Context Clues

Note: You can find the word “bank” in Sammy Rabbit stories and activities when characters talk about saving money, setting goals, or keeping money safe instead of spending it right away.

Sammy Says

Sammy Says:
“A bank is a money home—
Save it there and help it grow!”

Money Habit Connection

Using a bank is a smart money habit. It helps children learn to save first, plan for the future, and protect their money instead of losing or spending it too quickly.

Silly Sentence

I waved goodbye to my dollar as it went on vacation to the bank.

Serious Sentence

A bank helps keep your money safe until you are ready to use it.

Rhyming Sentences

Silly Rhyming Sentence:
I sent my cash to the bank to relax—no snacks, just naps and math!

Serious Rhyming Sentence:
When money’s stored where it’s safe to stay, the bank helps protect it every day.

Examples of Using a Bank

Saving allowance or gift money

Keeping money safe instead of carrying it everywhere

Saving for a goal like a toy, trip, or big dream

Checking how much money you have saved

Examples of What Is Not Using a Bank

Leaving money where it can get lost

Spending all your money right away

Keeping money in unsafe places

Related Money Words

Save • Piggy Bank • Account • Deposit • Money • Goal

Opposite Money Words

Spend • Waste

Questions Parents and Teachers Can Ask Kids

Ask your child or student:
“Why is a bank a good place to keep money safe?”

Remember

A bank helps you take care of your money so it’s there when you need it.

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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