What does savings mean?
Word: Savings
Part of Speech: Noun
Meaning: Savings means money that you have kept aside and not spent, often in a bank or a money box.
How do you spell savings?
Syllables: sav - ings
Tricky part: Save loses its e when ing is added, so it is savings, not saveings. Do not forget the s at the end.
Watch out for: saveings, savins, savengs
Memory tip: Save drops its e before ing, just as give becomes giving. Then add s for all the money you have kept.
Idioms and Phrases
- life savings: All the money a person has saved over many years. Example: "Grandpa used his life savings to build the house in the village."
Savings in a sentence
Example 1: I counted my savings and found I had enough for a new storybook.
Example 2: Hannah keeps her savings in a clay piggy bank.
Example 3: We used our savings to buy a gift for Mummy's birthday.
Fun Fact
In the UK, the Post Office Savings Bank, opened in 1861, let people save money at post offices all over the country.
Practise the CREST Way
Word Champ
Choose the correct word for the blank:
Sofia opened her money box to count her ______ before the book fair.
a) sayings
b) servings
c) shavings
d) savings
Show answer
d) savings. Money you have kept aside is savings; shavings are thin curls of wood.
Spell Spies
Choose the misspelt word/s in the given sentence:
Ivan used his savings to buy a storybook for his sister's berthday.
a) savings and berthday
b) used and sister's
c) only berthday
d) only storybook
Show answer
c) only berthday. Birthday starts with bir, like bird.
Jumble Tumble
What is the meaning of the word that can be formed from the given letters?
gsivnas
a) money put away to use later
b) money you pay to travel on a bus
c) money that you owe to someone
d) a list of things you plan to buy
Show answer
a) money put away to use later. Rearrange gsivnas and you get savings, money you have put aside.
Sound Check
Which of the following words rhymes with the given word?
savings
a) evenings
b) cravings
c) earrings
d) paintings
Show answer
b) cravings. Cravings ends in the same ay-vings sound; paintings has the ay sound but no v.
Multiple Choice Questions
1. Which habit helps your savings grow?
a) spending all your pocket money
b) borrowing money from friends
c) buying a new toy each week
d) putting a little pocket money away
Show answer
d) putting a little pocket money away
2. 'Tara spent all her savings on a bicycle.' After buying it, Tara had ______.
a) no money put aside
b) twice as much money
c) a new bank account
d) more pocket money
Show answer
a) no money put aside
