Usage Note
Épargner means both to spare someone (from harm or trouble) and to save money. L'épargne is the noun for 'savings', and un livret d'épargne is a French savings account booklet. The phrase épargner quelqu'un can mean to spare someone's life — so context between financial and humane senses matters.
Examples
"Il faut épargner de l'argent chaque mois."
Natural Translation
You need to save money every month.
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