How do you say I am struggling financially?
You could also say, “My finances are tight" or, "I'm on a tight budget.” Even saying something simple like, “I'm not sure I can afford it” sounds so much better than saying, “I don't have money.”
Also called economic burden, economic hardship, financial distress, financial hardship, financial stress, and financial toxicity.
In a straightforward manner, explain what caused your current financial struggles, whether it is a job loss, divorce, medical emergency or another unexpected hardship. Highlight how you're being proactive about your financial situation.
Financial distress happens when revenues or income no longer meet or pay for the financial obligations of an individual or organization. Financial distress is often a harbinger of bankruptcy and can cause lasting damage to one's creditworthiness.
"I'm out of funds." "I'm running low on cash." "I'm flat broke." "I'm destitute."
There is a big difference in how you say I don't have the money when it's a debt or an offering. If you owe and you can't pay, you make arrangements. If it's a purchase or donation, you simply say in a pleasant tone “I'm sorry. Not at this time.” No further explanation needed.
Provide accurate information: When writing about your financial situation, it is essential to provide accurate and honest information. This includes details about your family's income, any major expenses or debts, and any other sources of funding that you have received or applied for.
- Unemployment.
- Reduced income caused by a furlough, a new job, your partner's job loss, or a pay cut.
- An illness or other medical emergency.
- A job transfer.
- A divorce or separation from your spouse.
Alternatively, you could say "I am not in a good position financially" or "I am not very comfortable financially".
Poor, impecunious, impoverished, penniless refer to those lacking money.
What can I say instead of I'm broke?
But instead of saying, “I can't afford it,” or “I'm broke right now,” I chose my words more thoughtfully. Instead, I said, “I didn't budget for it.” And I made a mental note to start setting aside money for the next enrollment date.
- penniless.
- bankrupt.
- bust (informal)
- down and out.
- down on one's luck (informal)
- impoverished.
- insolvent.
- in the red.
“Penniless.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/penniless.
“I just really can't afford it right now, I hope you can understand.” “I've got some big savings goals I'm trying to kick – can we take a raincheck?” “Maybe another time? I'm saving for ___ and it's really important to me – I hope you can understand.”
Just state the facts and be honest about your intentions.” Once the hard part is out of the way, suggest a new repayment schedule and ask if it works for them. “Just make sure that the payment terms this time is attainable for you,” Hasting said. And that really is the key.
- cash.
- currency.
- coin.
- bucks.
- dough.
- funds.
- gold.
- dollar.
If you're in over your head financially, consider consolidating those many debts. It's not uncommon for people to find themselves burdened with multiple debts such as credit card bills, student loans or medical expenses. The weight of multiple debts can be overwhelming.
He frequently worried about his personal financial situation. I stopped working with a young man because he had been dishonest about his financial situation. Moving out won't help their financial situation but the rent you give them will.
A personal financial statement is a document, or set of documents, that outlines an individual's financial position at a given point in time. It is usually composed of two sections – a balance sheet section and an income flow section.
Reassuring someone that they don't have to bottle things up and pretend that everything is fine can be a real comfort, especially if they're going through a tough time financially. Being patient and empathetic may also help them take the necessary steps towards getting debt help.
What is a good sentence for hardship?
Examples of hardship in a Sentence
The city has been experiencing a period of financial hardship. They had to endure the hardships of life on the frontier.
Share your true experiences without exaggeration. Focus on Resilience: Instead of concentrating solely on the hardship, emphasize how you overcame it, what you learned, and how it made you stronger or more compassionate. Provide Specific Examples: Concrete examples make your story more compelling and relatable.
- The date, your name, address and phone number.
- The lender/servicer and loan number.
- The date or approximate time frame when the hardship started.
- The expected timeframe of hardship — short term (six months or less) or long term.
- Describe your goal. ...
- State the facts, not emotions.
The United States measures poverty based on how an individual's or family's income compares to a set federal threshold. 1. For example, in the 2021 definition, people are considered impoverished if their individual income is below $12,880 or their household income is below $26,500 for a family of 4.
In general, people considered having only $878 available either in cash or a bank account to mean they were bankrupt.
