financially competent

USAGE SUMMARY

The phrase "financially competent" is correct and usable in written English.
It is often used to describe someone who is experienced and knowledgeable with financial matters. For example, "He has been a successful businessman for many years and is considered to be financially competent."

✓ Grammatically correct

News & Media

Academia

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

"She's not financially competent yet, but she's sensitive to the issue," he said.

The New York Times

Sussman, who studies mental accounting techniques and personal finance strategies, says preserving savings makes people feel financially competent.

University of Chicago

Mara has bravely faced what millions of Baby Boomers are facing: their aging parents aren't going to stay financially competent forever.

Forbes

Of course they do, but they're in the fee collecting business and they know that most people are not financially competent so they will inevitably blame bad luck or themselves for failure, never bothering to look at historical statistics to realize the only way to make consistent money on Wall Street is through fees on transactions that aren't tied to success or failure.

Huffington Post

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

Traditionally men are expected to be competent financially, whether it's their bent or not.

The New York Times

"It needs to be done in a way that is competent not only educationally but also financially from an efficiency standpoint," he said.

The New York Times

Top universities in China and universities which receive strong financial support from the government are either technically competent enough to develop their own communication platforms which can better serve their purposes or are financially strong enough to purchase the platforms from software companies to meet their needs.

Smart Learning Environments

The financially smart know their deficits and align themselves with people who are competent in these areas.

Huffington Post

-And financially?

The New York Times

But financially.

Independent

Very competent.

Harvard Business Review

Expert writing Tips

Best practice

When describing someone as "financially competent", be specific about the areas of finance they excel in, such as budgeting, investing, or financial planning.

Common error

Don't assume that being "financially competent" automatically means someone is wealthy. Competence refers to skills and knowledge, not necessarily the amount of money one possesses.

Linguistic Context

The phrase "financially competent" functions as an adjective phrase, modifying a noun (usually a person or entity) to describe their level of skill and knowledge in financial matters. As Ludwig AI suggests, it indicates expertise in handling money and financial affairs.

Expression frequency: Rare

Frequent in

News & Media

50%

Academia

25%

Formal & Business

25%

Less common in

Science

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "financially competent" describes someone with the skills and knowledge to manage finances effectively. Ludwig AI confirms its correctness and common usage. While grammatically sound, its frequency is rare and it commonly appears in News & Media and Academic contexts. When using the term, it's crucial to be specific about the areas of financial expertise. Remember, financial competence is about skill and knowledge, not necessarily wealth. Related terms include "financially astute" and "adept at financial management", which can provide nuanced ways to describe this valuable attribute.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

financially astute

This alternative emphasizes keen awareness and understanding of financial matters.

competent in financial affairs

Focuses on competence within the broader context of financial matters and dealings.

financially savvy

Similar to astute, indicating practical knowledge and understanding of financial matters.

adept at financial management

This phrase highlights the skill and proficiency in handling financial resources.

knowledgeable about finance

Emphasizes the possession of information and understanding related to finance.

skilled in finance

Focuses on the possession of expertise and skill within the realm of finance.

financially responsible

Indicates a sense of duty and accountability in managing financial resources.

capable of handling finances

This highlights the ability to manage and take care of financial responsibilities.

good with money

An informal way to express competence in managing money effectively.

sound financial manager

Highlights ability to effectively oversee finances.

FAQs

How can I improve my own financial competence?

You can improve your financial competence by taking courses on personal finance, reading books and articles on investing, and consulting with a financial advisor.

What are some signs that someone is "financially competent"?

Signs of financial competence include having a budget, managing debt responsibly, saving regularly, and making informed investment decisions.

What is the difference between "financially competent" and "financially responsible"?

"Financially competent" refers to having the knowledge and skills to manage finances effectively, while "financially responsible" implies acting in a way that is accountable and prudent with money.

What are some related skills to being "financially competent"?

Related skills include budgeting, investing, financial planning, debt management, and understanding financial statements.