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: Plan
Related Definition: Budget + Spend Smart
Category: Protection Word
What this category means: Protection words explain how people prepare and take care of their money. They help children understand that having a plan makes money choices safer, clearer, and easier to manage.
Definitions
In Simple Words
A plan is a way to decide what you will do before you do it.
A money plan helps you know how to use your money to reach your goals and dreams.
A Little More Grown-Up
A plan is a written or thought-out strategy with steps to follow. A money plan helps you decide how to earn, save, spend, and give so your money supports your goals instead of disappearing without a purpose.
Context Clues
The word “plan” shows up in Sammy Rabbit songs and stories like the song titled: Plan. Have kids take a listen and read the lyrics to gain a deeper understanding of the word in this context.
Sammy Says Sentences
Sammy Says: “Dream big—but don’t stop there. Make a plan and take one small step at a time!”
Silly Sentence
I made a money plan so fancy that my piggy bank asked for a clipboard!
Serious Sentence
When you follow a money plan, your money works harder to help you reach your goals.
Rhyming Sentences
Silly Rhyming Sentence:
I made a plan with steps so neat, my coins all lined up head to feet!
Serious Rhyming Sentence:
With a plan in place and goals in sight, my money choices feel just right.
Money Habit Sentences and Connection
Money Habit Sentences:
A plan for your money helps you decide what to do, and following that plan can become a smart habit. When you make a simple money plan and stick to it, saving can turn into an easy habit.
Share with kids:
Learning to have and use a written money plan helps kids stay organized, avoid impulse spending, and feel confident knowing their money has a purpose. It is a great habit.
Examples of a Plan
Writing down a savings goal and how much to save each week
Deciding how to use allowance or earnings before spending
Making a simple budget for spending, saving, and giving
Planning steps to reach a big dream
Examples of What Is Not a Plan
Spending money without thinking ahead
Guessing or hoping money will work out
Buying things without knowing your goal
Related Money Words
Goal • Budget • Save • Choice • Strategy • Dream
Opposite Money Words
No plan • Guessing
Questions for Kids
Ask your child or student: “What is one small step you can put in your money plan to help you reach your goal?”
Remember
A dream becomes more possible when you make a plan—and take action one step at a time.
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.
Related Standards Aligned Lesson Plans
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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