"have savings" vs "get savings"

Question

"have savings" vs "get savings"

Both "get savings" and "have savings" are correct, but they are used in different contexts. "Get savings" is used when referring to the action of acquiring or obtaining savings, while "have savings" is used to indicate the possession or existence of savings.

Last Updated: March 21, 2024

Use "have savings" when referring to the fact that someone possesses or has accumulated savings, indicating financial stability or preparedness.

Examples:

I have savings set aside for emergencies.
It's important to have savings for unexpected expenses.
She was relieved to have savings to cover the unexpected medical bill.

Alternatives:

possess savings
hold savings
maintain savings
keep savings
store savings

Use "get savings" when talking about the process of acquiring or obtaining savings, such as through discounts, promotions, or smart financial decisions.

Examples:

I always try to get savings by using coupons when I shop.
By shopping during sales, you can get savings on your purchases.
She managed to get savings by cutting unnecessary expenses.

Alternatives:

obtain savings
acquire savings
gain savings
secure savings
attain savings

Answer 1

have savings

This phrase is correct and commonly used to indicate the possession or existence of savings.

Answer 2

get savings

This phrase is correct and commonly used when referring to the action of acquiring or obtaining savings.

"have savings" vs "get savings"

have savings

get savings

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