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French Savers Put More Money into Livret A Accounts

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Listen to the story

French people are putting more money into their Livret A. This is a popular savings account in France.

In August, people started to save more money again. They did this in a small way, not a big way.

The reason is a higher interest rate. The rate is the extra money the bank pays you.

When the interest rate goes up, people like to save more money. They want to earn more money on their savings.

The Livret A account is now looking better. More people want to use it again.

Vocabulary4 words

Livret A
a special savings account in France
savings account
a bank account where you keep money and it grows
interest rate
extra money a bank pays you for saving
savings
money you keep and do not spend

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Quiz

1. What did French people do in August?
2. Why are people saving more?
3. True or False: This increase was very big.

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Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

French people are putting more money into their _____. This is a popular _____ in France.

In August, people started to save more money again. They did this in a small way, not a big _____.

The reason is a higher _____. The rate is the extra money the bank pays you.

When the interest rate goes up, people like to save more money. They want to earn more money on their _____.

The Livret A account is now looking _____. More people want to use it again.

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