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: Bill
Related Definition: Expense • Pay • Budget
Category: System Word
What this category means:
System words explain how money is used and organized in the real world. They help children understand regular expenses and how money goes out over time.
Definitions
In Simple Words
A bill is money you owe for something you used or received.
Bills must be paid with money.
A Little More Grown-Up
A bill is a request for payment for goods or services already received, such as electricity, water, or internet. Paying bills is a regular responsibility.
Context Clues
You may see the word “bill” in Sammy Rabbit stories and activities when kids are learning about expenses, monthly costs, or money that must be paid on time.
Sammy Says Sentences
Sammy Says: “Bills are money you owe, so they need to be paid on time!”
Silly Sentence
My electric bill tried to hide under the couch, but we found it on payday.
Serious Sentence
Bills are expenses that people must pay to keep things running.
Rhyming Sentences
Silly Rhyming Sentence:
I saw a bill upon the sill and said, “Don’t worry, I’ll pay you, Bill!”
Serious Rhyming Sentence:
When I plan for bills each month with skill, my money works and worries chill.
Money Habit Sentences and Connection
Money Habit Sentences:
Forgetting to pay bills can lead to a bad money habit. Paying bills on time can lead to a good money habit.
Share with kids:
Learning about bills helps kids understand that some money must be used for needs before wants.
Examples of a Bill (Paying Bills)
Electric bill
Water bill
Internet bill
Phone bill
Examples of What Is Not a Bill (Paying Bills)
Cash or coins
A toy or item you buy
Money saved
Related Money Words
Expense • Pay • Budget • Plan • Money
Opposite Money Words
Income • Earn
Questions for Kids
Ask your child or student: “Why do you think it’s important to pay bills on time?”
Remember
Bills are money you owe, and paying them on time helps build responsible money habits.
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 and Families Learning
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.
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!
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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