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: Income
Related Definition: Earn + Pay + Salary + Work + Job
Category: Action Word
What this category means:
Action words describe things people do with money. They help children understand actions that support earning, managing, saving, and spending money wisely.
Definitions
In Simple Words
Income is the money you get for doing work or a job.
Income is money that comes in.
A Little More Grown-Up
Income is money a person receives from working, running a business, or other sources. Income is what people use to save, spend, and give.
Context Clues
You may see the word “income” in Sammy Rabbit stories and activities when kids talk about earning money, getting paid, or money coming into their account.
Sammy Says Sentences
Sammy Says: “Income is the money that hops in when you work!”
Silly Sentence
My income was one shiny coin for walking my goldfish.
Serious Sentence
Income is the money people earn from working.
Rhyming Sentences
Silly Rhyming Sentence:
My income came in, hop hop hooray, one coin at a time from work each day!
Serious Rhyming Sentence:
When income comes in and I plan what to do, my money goals feel closer and true.
Money Habit Sentences and Connection
Money Habit Sentences:
Not paying attention to income can lead to a bad money habit.
Knowing your income can lead to a good money habit.
Share with kids:
Learning about income helps kids understand where money comes from and how to plan for saving and spending.
Examples of Income
Money earned from a job
Allowance money
Getting paid for helping or doing chores
Money received for work
Examples of What Is Not Income
Money you already spent
Borrowing money
Guessing how much money you have
Related Money Words
Earn • Work • Job • Pay • Money
Opposite Money Words
Expense • Spend
Questions for Kids
Ask your child or student: “What are some ways people earn income?”
Remember
Income is money that comes in, and knowing your income helps you build strong money habits.
Get the Entire Dictionary in One PDF
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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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