English Lesson: Collocations for Saving Money

In this lesson, you will learn useful collocations to talk about saving money. Using collocations will help you improve your spoken English and you will sound more natural in conversations or speaking exams. 

Apart from the collocation 'save money', what other interesting ways can you use to express the same meaning? Let's look at the examples below. 


a tight budget (= enough money for what you want to buy, usually a small amount of money) 

• Most university students have to live within a tight budget. 
• Those living on a tight budget can come up with different ways to save money. Packing your lunch for school or work is a good example how you can reduce your daily expenses. Eating in and watching movies at home is another way to bring down the cost of entertainment. 

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VOCABULARY 

• come up with (phrasal verb) - to think of something such as an idea or a plan 
• a good example (collocation) 
• bring down the cost | reduce the cost | cut the cost (collocations) 

a limited budget 

• Many people spend most of their income on household expenses, and have a limited budget.
• If you are on a limited budget, you can always do your shopping at the end of the day when supermarkets reduce their prices. 

VOCABULARY 

• living expenses | household expenses (collocations) - money that you spend on basic things such as rent, food, and electricity 
• reduce prices (collocation) 

a budget for something 

• We only have a small budget for furniture. 
• The company's budget for advertising has been reduced by 10%. 

VOCABULARY 

• reduce a budget OPP. increase a budget (collocations) 

keep within a budget | stay within a budget (= spend only the money that is available) 
​

• I'm keen on travelling a lot and I tend to book my trips in advance and keep within my budget. 
• I always keep track of my expenses and try to stay within budget. 

NOTE: You can also say 'stay within my budget' or 'stay within the budget' depending on what you are talking about.  

VOCABULARY 

• to be keen on something | to be keen on doing something (phrase) - when you are interested in something, especially an activity that you do often (Example: I'm keen on swimming.) 
• book a trip (collocation) 
• keep track (phrase) - to have all the information that you need about something 

on a budget (= with only a small amount of money) 

• You can still travel abroad even on a small budget. 
• When we moved into our new flat, it wasn't fully furnished, but we managed to decorate the living room and the bedroom on a really small budget. 

English collocation lessons: 
English Lesson: Collocations for Success 
English Lesson: Collocations for Feelings 
English Lesson: Collocations for Rural Life 
English Lesson: Collocations for Urban Life 
Business English: Collocations with Business 

Other lessons: 
Business English: Phrasal Verbs for Work 
​Business English: How to Talk about Money 
Story Time: Running out of petrol on the highway 
English Conversation: Buying sunscreen products at a store 
English Conversation: Socialising with people and working in coffee shops 


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