Meaning of the word squirrel-away in English

What does squirrel-away mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

squirrel-away

US /ˈskwɝː.əl/
UK /ˈskwɝː.əl/
1.

to hide or store something, especially money, in order to use it in the future:

Example:
As soon as I get paid, I squirrel some money away so I won't be tempted to spend it.
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