Word and Category
Word: Interest
Category: Growth Word
Related Definition: Savings Account
What this category means:
Growth words explain how money can increase over time. These words help children understand that money can grow when it is saved and given time.
Definitions
In Simple Words
Interest is extra money you earn when you save money in a bank.
It’s like a small reward for saving and being patient.
A Little More Grown-Up
Interest is money a bank adds to your savings over time when you keep your money in an account. The more money you save—and the longer you save it—the more interest you can earn.
Context Clues
Note: You can find the word “interest” in Sammy Rabbit stories, songs, and activities when kids learn that saving money over time can help their money grow.
Sammy Says
Sammy Says:
“Interest helps your money grow—
Save it, wait, and watch it glow!”
Money Habit Connection
Understanding interest encourages children to save early, save often, and be patient. It teaches that good money habits today can lead to bigger rewards tomorrow.
Silly Sentence
My money threw a party and invited interest to bring extra coins!
Serious Sentence
Interest is extra money you earn by keeping your money saved in the bank.
Rhyming Sentences
Silly Rhyming Sentence:
I saved my cash and waited tight—interest showed up overnight!
Serious Rhyming Sentence:
With time and patience on your side, interest helps your savings rise.
Examples of Earning Interest
Saving money in a savings account
Leaving money in the bank over time
Adding deposits and letting them grow
Examples of What Is Not Interest
Spending money
Money you earn from doing chores
Money given as a gift
Related Money Words
Save • Bank • Savings Account • Grow • Time
Opposite Money Words
Spend • Shrink
Questions Parents and Teachers Can Ask Kids
Ask your child or student:
“Why do you think waiting can help your money grow?”
Remember
Interest rewards saving and patience—two great habits for growing your dreams.
Related Standards Aligned Lesson Plans
Coming soon
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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