Definition: A reduction in cost or expenditure.
Alright class, settle down and let’s take a look, At the word ‘savings,’ a concept we must cook! The dictionary tells us, clear as can be, “A reduction in cost, for you and for me!” Now think about it this way, nice and slow, It's like putting money aside, you know? Instead of spending every single dime, You’re saving some away, a wonderful time! Like saving pennies in a little jar, Or setting aside money near and far. A reduction means less going out each day, Saving helps your future in a brighter way! So savings is about holding back a bit, And planning wisely – don’t you quit! Does that make sense to you, my clever crew? Do you have any questions for me, it's true?