financially practical

USAGE SUMMARY

The phrase "financially practical" is correct and usable in written English.
You can use it when discussing options, decisions, or strategies that are sensible and feasible in terms of financial considerations. Example: "After reviewing our budget, we concluded that the most financially practical solution is to lease the equipment instead of purchasing it outright."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

8 human-written examples

Socially acceptable it may be, but financially practical it is not – the leave is unpaid.

Independent

Whether that is possible, let along financially practical, remains to be seen.

The New York Times - Health

"In its most recent incarnation, it has largely been a result of an economic climate that's made the casual more financially practical, as well as more culturally sensitive.

The Guardian - Lifestyle

Warner Brothers was enthusiastic about a possible show called "MomLogic" (the pilot starred Kate Gosselin from TLC and Paula Deen from the Food Network), but found that it was not financially practical this year, according to executives who requested anonymity because the show was never officially announced.

The New York Times

While these officials acknowledged that most affordable housing units were covered by restrictions for an average of 35 years, they said that requiring that all units remain available permanently was not financially practical, and that they were continually looking for ways to preserve more units.

The New York Times

And it might not be the most financially practical endeavor.

Los Angeles Times

Human-verified similar examples from authoritative sources

Similar Expressions

52 human-written examples

However, if this activity is not financially viable or practical for colleagues, Coventry provides support though video conference sessions.

The Guardian

"Nothing is perfect for both, though, and it won't be practical financially to build two arenas anyway," he said.

The New York Times

It also may make the presence of a pediatric inpatient service and a pediatric intensive care unit neither practical nor financially sustainable; however, all EDs must be prepared to receive, evaluate, and, at minimum, stabilize a child for transfer to a facility equipped to manage the illness or injury.

International Journal of Emergency Medicine

Nevertheless, given our engagement with the various governmental departments and members of the Vietnamese public, we think that maintaining this infrastructure is both practical and financially viable.

EcoHealth

Consequently, the detection of statistically significant risk reduction in poor mental health by an intervention may require very large sample sizes; something that is not practical or financially feasible in most studies.

BMC Public Health

Expert writing Tips

Best practice

When evaluating options, use "financially practical" to emphasize that a choice is sensible and affordable, not just theoretically sound. For example, "While the advanced technology is appealing, the more "financially practical" solution is to upgrade our existing system."

Common error

Avoid using "financially practical" when you simply mean "cheap" or "inexpensive". "Financially practical" implies a thoughtful consideration of costs and benefits, while "cheap" may suggest low quality or a lack of value. Make sure the nuance you want to convey is that of making the right decision from a financial point of view.

Linguistic Context

The phrase "financially practical" functions as an adjective phrase that modifies a noun, describing it as sensible or feasible from a financial perspective. Ludwig AI shows that the phrase is used to express that something is a good choice based on financial considerations.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Science

42%

Formal & Business

8%

Less common in

Wiki

0%

Academia

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "financially practical" is a grammatically correct and useful expression for describing something that is sensible and feasible from a financial viewpoint. As shown by Ludwig AI, it often appears in News & Media and Scientific contexts. When writing, avoid using "financially practical" when you simply mean "cheap", and consider alternatives like "cost effective" or "economically feasible" for a nuanced meaning. Its neutral register makes it appropriate for various formal and informal contexts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economically feasible

Focuses on the economic viability of something, emphasizing cost-effectiveness.

cost-effective

Highlights the balance between cost and effectiveness, suggesting good value for money.

affordable

Directly addresses the price point, emphasizing that something is within a reasonable budget.

fiscally responsible

Implies a sense of careful financial management and prudence.

budget-friendly

Highlights the suitability of something for those on a limited budget.

economically sound

Suggests that something is a wise economic choice with long-term benefits.

viable economically

Emphasizes the economic sustainability and workability of something.

within financial reach

Focuses on the attainability of something given one's financial circumstances.

realistically affordable

Combines affordability with a sense of realism and practicality.

prudent financially

Indicates a cautious and sensible approach to financial matters.

FAQs

How can I use "financially practical" in a sentence?

You can use "financially practical" to describe decisions, solutions, or options that are sensible and feasible from a financial standpoint. For example, "Leasing the equipment turned out to be the most "economically feasible" option."

What are some alternatives to "financially practical"?

Depending on the context, you could use alternatives like "cost effective", "economically sound", or "budget friendly" to convey a similar meaning.

Is it redundant to say "financially practical and economical"?

While not strictly redundant, it can be repetitive. Both terms relate to financial considerations. Consider using one or the other, or rephrasing for clarity. For example, "The most "economically sound" approach is to..."

What's the difference between "financially practical" and "financially responsible"?

"Financially practical" focuses on the feasibility and sensibility of a choice in terms of cost and benefits. "Financially responsible" implies a broader sense of careful financial management and ethical conduct. A choice can be "financially practical" without being "financially responsible" if it prioritizes short-term gains over long-term financial health.