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Withdraw: A Kid-Friendly Money Dictionary Definition
Updated

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

Word: Withdraw

Category: Action Word

Related Definition: Deposit

What this category means:

Action words describe things we do with money. These words help children understand how choices affect how much money they have.

Definitions

In Simple Words

To withdraw money means to take money out of the bank.
You withdraw money when you are ready to use it.

A Little More Grown-Up

A withdrawal is when money is taken out of a bank account. Withdrawing money lowers your balance.

Withdrew means money was already taken out.
Withdrawing is the action of taking money out.

Context Clues

Note: You can find the word “withdraw” in Sammy Rabbit activities when kids learn about spending choices and checking balances.

Sammy Says

Sammy Says:
“Withdraw with care—
That money was growing in there!”

Money Habit Connection

Learning when to withdraw teaches children to pause before spending, check their balance, and decide if spending is worth it.

Silly Sentence

I withdrew my money politely and thanked it for growing so well.

Serious Sentence

When you withdraw money, you take it out of your account to spend or use.

Rhyming Sentences

Silly Rhyming Sentence:
I made a withdrawal—cha-ching, hooray!
Now I must choose a careful way!

Serious Rhyming Sentence:
When I withdraw, I choose with care,
Because less money stays in there.

Examples of Withdrawing Money

Taking money out to buy something

Using saved money for a goal

Getting cash from the bank

Examples of What Is Not a Withdrawal

Putting money into the bank

Saving money

Earning interest

Related Money Words

Deposit • Balance • Spend • Account • Save

Opposite Money Words

Deposit • Save

Questions Parents and Teachers Can Ask Kids

Ask your child or student:
“Is this a good time to withdraw—or should you keep saving?”

Remember

Withdrawing money is a choice—make sure it’s a smart one.

Related Standards Aligned Lesson Plans

  • Coming soon

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  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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