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Financial savings are anything that you put money into to save that is invested into anything(i.e could be anything). Physical savings are savings that have physical value attachment, that is generally carried with them, physically(i.e. cash, a car, a home)

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14y ago

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What is the difference between financial savings and physical savings?

Financial savings is when you put money in the bank and it gains interest over time.Phyisical savings is when you invest in stock and it grows over time like Finacnial savings.


Difference between Financial Saving and physical saving?

Financial savings are anything that you put money into to save that is invested into anything(i.e could be anything). Physical savings are savings that have physical value attachment, that is generally carried with them, physically(i.e. cash, a car, a home)


Distinquish between savings and financial surplus?

This is the difference between Income and Expenditure in a non-profit making business, where the income exceeds expenditure


What is the difference between bpi savings bank and bpi family savings bank?

no difference, they are one and the same


How do interest savings rates compare between different financial institutions?

Interest savings rates can vary between different financial institutions. Some banks offer higher interest rates on savings accounts compared to others. It is important to shop around and compare rates to find the best option for maximizing your savings.


What's one difference between a checking account and a savings account?

savings account earns interest.


What is the difference between gross and net interest in your savings?

what is your dads name


What is the current PurePoint Financial savings rate?

The current PurePoint Financial savings rate is 0.40.


What is the difference between bpi family bank and bpi family savings bank?

no difference, they are one and the same


How does the relationship between interest rates and savings impact personal financial planning?

The relationship between interest rates and savings impacts personal financial planning by influencing the return on savings and the cost of borrowing. Higher interest rates can lead to higher returns on savings but also higher borrowing costs, while lower interest rates can reduce savings returns but make borrowing cheaper. This can affect decisions on saving, investing, and borrowing, ultimately shaping overall financial strategies.


What is the primary difference between a business and a personal savings account?

A business savings account his connected to a business. While a personal savings account is connected to an indvidual.


What is the difference between saving and savings?

Saving is puting money or goods away for future use, savings are the goods or money that have been collected.