Collocations with “Spend” and “Save” for Talking About Money
Sharing is caring!
Collocations with “Spend” and “Save” for Talking About Money
When talking about money, it’s essential to know how to use the words “spend” and “save” correctly.
These two verbs are very common, but they often come with different words (called collocations) that change their meaning slightly.
In this post, I will teach you common collocations with “spend” and “save” that will help you sound more natural when talking about finances.
1. Collocations with “Spend”
“Spend” means to use money to buy something or pay for something. We spend money when we make purchases, pay bills, or use our resources. Here are some common collocations with “spend”:
a. Spend money
This is the most basic collocation. It means to use money to buy things.
- I spend money on food and clothes every month.
b. Spend time
We use this collocation to talk about how we use our time. It’s not only about money, but it’s related to how we spend our time, energy, or effort.
c. Spend a fortune
This means to spend a lot of money—sometimes more than necessary.
- She spent a fortune on her new car.
d. Spend wisely
This collocation means using money carefully or in a good way. It’s often used when you want to give advice.
e. Spend on
This collocation refers to using money to buy something specific.
f. Spend lavishly
This means to spend a lot of money on expensive things, often without worrying about the cost.
g. Spend freely
To spend money without much concern or worry.
h. Spend your savings
This phrase refers to using the money you’ve saved for something.
i. Spend a lot of (money/time)
This means to use a large amount of money or time.
- I spend a lot of time at work every week.
j. Spend responsibly
This means using money in a careful and thoughtful way.
- It’s important to spend responsibly, especially during tough financial times.
k. Spend on credit
When you use credit cards or loans to make purchases, you are spending on credit.
l. Spend too much
This means using more money than you should or more than necessary.
2. Collocations with “Save”
“Save” means to keep money instead of spending it. It also means to set aside money for future use. Here are some common collocations with “save”:
a. Save money
This is the most basic and common collocation with “save.” It means to keep money for later, not spending it right away.
b. Save up
This means to save money gradually over a period of time to buy something specific.
- I’m saving up for a new laptop.
c. Save for
This collocation is used to talk about saving money with a specific goal in mind.
d. Save a little
This means saving a small amount of money, often from your regular income.
e. Save a lot
This means saving a large amount of money.
f. Save towards
This collocation means saving money for a specific purpose or goal.
- They are saving towards buying their first house.
g. Save money on
This collocation means to reduce the amount of money spent on something.
h. Save time
This means to reduce the amount of time you spend on something, usually by doing it more efficiently.
i. Save up for a rainy day
This idiom means saving money for a time when you might need it in an emergency.
- It’s good to save up for a rainy day in case of unexpected expenses.
j. Save hard
This means to save money with effort and discipline, often by cutting down on spending.
k. Save wisely
This means saving money in a smart or thoughtful way, making good choices about where to save.
l. Save your earnings
This phrase refers to keeping the money you earn instead of spending it.
m. Save in (an account)
This refers to saving money in a bank account or other financial institution.
n. Save on (expenses)
This collocation means reducing the amount of money you spend on certain things.
o. Save for retirement
This means putting money aside for when you stop working and need income.
p. Save the cost
This phrase refers to cutting costs or avoiding unnecessary expenses.
- Using coupons helped me save the cost of my groceries.
3. How to Use Collocations with “Spend” and “Save” in Real Life
Using the right collocations with “spend” and “save” can help you sound more natural when talking about money. Here are some examples of how you can use them in real-life situations:
- I spent a fortune on my new phone last month, but I saved a lot on my groceries by shopping at a discount store.
- We’ve been trying to save for a vacation, but it’s hard to save money when we’re spending so much on bills.
- By spending wisely, you can save up for the things you really want without going into debt.
- I saved up enough money to buy a new car and now I’m saving for my future retirement.
- He spent too much money last year, but this year, he’s decided to spend more responsibly.
4. Tips for Managing Spending and Saving
Managing your money wisely involves both spending and saving. Here are some tips to help you use these collocations effectively:
- Track your spending: Keep a record of where your money is going. This can help you avoid spending too much on unnecessary things.
- Set savings goals: Have a clear goal for what you’re saving for, whether it’s a vacation, a new gadget, or retirement. This will keep you motivated.
- Look for ways to save: There are always opportunities to save money, whether it’s finding discounts, cutting down on non-essential purchases, or saving on energy costs.
- Spend responsibly: While it’s fine to spend money on things you need or want, make sure you’re not overspending or getting into debt.
- Start saving early: The earlier you start saving, the more time your money has to grow. Even small amounts can add up over time.
Conclusion
Understanding collocations with “spend” and “save” is an essential part of talking about money.
By using these common phrases correctly, you can communicate more effectively about your finances, whether you’re budgeting, shopping, or planning for the future.
Remember, it’s not just about how much you earn, but also about how you manage what you have.
Use these collocations in your daily conversations and watch your English fluency improve!
Sharing is caring!