The term "savings ratio" refers to the percentage of a person's income that is saved rather than spent. However, there are several other terms that can be used to refer to this concept. One such term is "savings rate," which is another way to express the same idea. Additionally, the phrase "savings proportion" can also be used to describe the percentage of income that is being saved. Other related terms include "savings percentage" and "savings index." No matter which term is used, the idea is consistent: the savings ratio represents the amount of money an individual sets aside for the future rather than spending it immediately.