plural of saving
"They managed to pay off their credit card debt entirely thanks to their substantial savings from years of careful budgeting."
In plain English: Savings are money you have set aside and not spent yet for later use.
"They used their savings to buy a new car."
Derived from Old French saufve (safe), this term originally referred to money kept safe or reserved against future needs. It evolved through Middle English save to denote funds set aside specifically for emergencies or investment.