How do you say you are 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.” At the end of the conversation Allan said he is in the red.
Also called economic burden, economic hardship, financial distress, financial hardship, financial stress, and financial toxicity.
I am requesting financial hardship assistance with my (account type; mortgage or credit card, for example) account." Detail your hardship. In a straightforward manner, explain what caused your current financial struggles, whether it is a job loss, divorce, medical emergency or another unexpected hardship.
- money trouble.
- financial trouble.
- money worries.
- financial concerns.
- financing problems.
- financial problem.
- financial challenges.
- financial distress.
- beggared.
- broke.
- cleaned out.
- destitute.
- dirt poor.
- homeless.
- impoverished.
- indigent.
You can also say that someone is penniless. This is slightly more formal than poor. At the time, I was a penniless student. The word impoverished can be used to describe a person or area that is extremely poor.
1. needy, indigent, impoverished, destitute, penniless, poverty-stricken, necessitous, straitened.
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.
- Layoff or reduction in pay.
- New or worsening disability.
- Serious injury.
- Serious illness.
- Divorce or legal separation.
- Death.
- Incarceration.
- Military deployment or Permanent Change of Station orders.
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.
What is the meaning of financial difficulties?
an inability to meet payments out of disposable income or at all. Examples include: non-payments of essential bills. having to borrow further to repay existing debts. a borrower only being able to make payments by selling assets.
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.
uncountable noun. Poverty is the state of being extremely poor.
Definition 1. Low-income earners (persons at risk of poverty) are considered those whose household's disposable money income per consumption unit (so-called equivalent income) is lower than 60 per cent of the equivalent median money income of all households.
“I can't this time, but once I'm done saving for ___, I'd love to.” “Money is a bit tight at the moment, so I'll skip brunch this time.” “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?”
- cash.
- currency.
- coin.
- bucks.
- dough.
- funds.
- gold.
- dollar.
Don't wait too long to reveal your money troubles.
To bring up the topic of money, try starting the conversation by saying something like, “I'm really glad we met and I like spending time with you. I hope we continue dating so I want to be honest with you and let you know that I don't have a lot of money right now.”
Acceptable Documentation
Lost Employment. • Unemployment Compensation Statement. (Note: this satisfies the proof of income requirement as well.) • Termination/Furlough letter from Employer. • Pay stub from previous employer with.
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.
Immediate and heavy expenses include the following: Certain expenses to repair casualty losses to a principal residence (such as losses from fires, earthquakes, or floods) Expenses to prevent being foreclosed on or evicted.
What is a sentence for financial situation?
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.
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.
A personal financial statement shows the individual's net worth—their assets minus their liabilities—which reflects what that person has in cash if they sell all their assets and pay off all their debts. If their liabilities are greater than their assets, the financial statement indicates a negative net worth.
- Be transparent: Be open and honest about your financial situation and your need for money. ...
- Be specific: Be clear about the amount of money you need and the repayment terms. ...
- Show gratitude: Express your gratitude for the person's consideration of your request. ...
- Follow-up: ...
- Respectful:
- Be direct and honest: Don't beat around the bush. ...
- Be understanding: If your friend struggles to repay you, offer to work out a payment plan to give them some extra time.
- Set a deadline: When you ask for money back it's important to set a deadline for repayment.
