financial insufficiency
Financial insufficiency refers to a situation where an individual, household, or organization does not have enough money to meet their basic needs or obligations. This can include essential expenses such as housing, food, healthcare, and education. When financial resources are inadequate, it can lead to stress and difficulty in maintaining a stable lifestyle.
This condition can arise from various factors, including low income, unexpected expenses, or poor financial management. Individuals facing financial insufficiency may rely on assistance programs or loans to help bridge the gap. Addressing this issue often requires budgeting, financial planning, and sometimes seeking support from community resources or government programs.