Savings for future needs

The idea

Use savings with a plural verb for money set aside: my savings are. People can use their savings or keep them for a goal.

Examples

• My savings are for a new bike.
• They put their savings in a bank.
• Her savings helped pay for repairs.
• Our savings grew over the summer.
• He used his savings to study abroad.
• The family keeps some savings for emergencies.

Watch out

Do not say my savings is: this meaning normally takes a plural verb.

Try it yourself

1. Choose the correct word. Money kept for later is called ___. (savings / debt)

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   savings

   savings refers to money kept for later.

2. Choose the correct word. Their savings ___ enough for the trip. (are / is)

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   are

   are agrees with the plural noun.

3. Choose the correct word. We keep savings ___ emergencies. (for / from)

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   for

   for introduces the purpose of the money.

Use it today

Describe a goal and how savings could help reach it.