Definition, Meaning & Synonyms

financial-woes

Noun Phrase

/faɪˈnæn.ʃəl woʊz/

Definition

The difficulties or problems one faces related to money management, typically involving insufficient funds or overwhelming debt.

Examples

After losing his job, John experienced severe financial woes, making it difficult for him to pay his mortgage.
The pandemic has caused financial woes for many small businesses across the country.
She sought financial advice to cope with her ongoing financial woes.

Meaning

Financial woes refer to a state of distress or hardship stemming from various money matters, including but not limited to inability to pay bills, excessive loans, or unexpected expenses.