Save money means to spend less, or to put money aside. It covers small everyday savings as well as setting aside a sum for a holiday or a big purchase.
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save money; save money on + noun; save (money) for + goal; save + person + money
- We cook at home most evenings to save money for a summer holiday.
- You can save money on train tickets if you book them a month early.
- Buying a second-hand laptop saved me a lot of money last year.
What changed
First versionI try to economise money by cooking at home.
RevisionI try to save money by cooking at home.
Economise may look like the right verb, but it doesn't take money as an object. It is used on its own or with on: economise on heating. When you talk about money, you need save, so the corrected version changes only the verb.
The preposition changes the meaning. Save money on something means spending less on it, while save (money) for something means putting money aside for a purchase or a goal: We save money on groceries by buying in bulk, and we're saving for a new car.
Your turn
We now cycle to work instead of driving, so we ___ petrol every month.
Show the answer
save money on — Now that they cycle instead of driving, they buy less petrol, so they spend less on it: save money on. Save money for petrol would mean putting money aside to buy petrol, which they no longer need.
Write about how you save money in everyday life. Name one type of spending and how you cut back on it.
I save money on lunches by bringing food from home three days a week.
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