In this Business English lesson you will learn some of key English Finance idioms about being poor that we use in English to describe people that are not in the best shape economically.
Unfortunately, not every person is able to find financial stability.
In fact, more and more people in developed countries are falling on hard times.
Economic recession and shrinking job markets make it harder and harder for people to make ends meet.
Not to mention falling or stagnant salaries and the fact that it is not easy to find a well-paid job these days.
Although a person may not be completely down and out, they might have to seek help from an NGO to help feed their family or pay electricity bills.
With the cost of living endlessly rising, many families find it tough to keep their heads above water.
Living on a shoestring budget is nowadays a way of life for many. The bills and expenses keep piling up, so cutbacks have to be made.
How many people have trouble to pay their electricity bills? For many, going without heating is preferable to not putting food on the table.
That means that tightening one’s belt is often the best option. Living life without the unnecessary frills.
Bank accounts are often in the red as people’s salaries run out well before the end of the month.
A friend of mine lost his job recently and now finds himself on his uppers.
Luckily he has good friends that are willing to help him out until he gets back on his feet.
All of the expressions in bold, except one, are mentioned in the video. If you have trouble to understand exactly what they mean, please watch the English learning video.
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