What context can I use each word in?
Learn when and how to use these words with these examples!
economically
Example
We need to manage our resources economically to ensure we can complete the project within budget. [economically: adverb]
Example
The country is facing some serious economic challenges due to the pandemic. [economic: adjective]
Example
The new car model is designed to be more economically viable for consumers. [economically: adverb]
financially
Example
I need to consult with a financial advisor to plan my retirement savings. [financial: adjective]
Example
We need to consider the financial implications of expanding our business to a new market. [financial: adjective]
Example
The company is doing well financially despite the challenging economic conditions. [financially: adverb]
Good things to know
Which word is more common?
Financially is more commonly used than economically in everyday language. Financially is a versatile word that covers a wide range of financial contexts, while economically is less common and more specific to efficiency and resource management.
What’s the difference in the tone of formality between economically and financially?
Both economically and financially can be used in formal and informal contexts. However, financially is more versatile and can be used in various formality levels, making it more suitable for professional and academic writing.
