Day money vs. fixed money My name is Laurenz and I’ll explain the difference to you now! With the daily allowance, your money is available every day. But it also means that the bank must, always keep it in mind in case you just want to use it. With fixed money, on the other hand, the money is for a certain period of time, that is usually 12 months, firmly laid out. This means, that the bank can also plan better with the money and work with it for you. That’s why you usually get more interest on your money, if you put it on for the long term. If you want to learn more about finance too, then feel free to make the plus away and write your question in the comments.