 10 English Phrases for Being Rich and Poor from EspressoEnglish.net 1. I'm short on cash. I'm hard up. I'm broke. These phrases are used to describe having very little money. I'm broke implies that you have no money available. 2. My bank account is overdrawn. When you have no money in your account and you try to take out more money, we say the account is overdrawn. 3. The company went bankrupt. To go bankrupt means that you don't have enough money to pay for your financial obligations. A company or a person can go bankrupt. When a company goes bankrupt it usually shuts down. 4. He earns minimum wage. He's just scraping by. Minimum wage is the minimum salary required by law and scraping by means barely managing to survive with very little money. 5. We're pinching pennies this month. We're scrimping and saving this month. The expressions pinching pennies and scrimping and saving mean trying to save money when you have very little money available. It means making changes to your lifestyle to reduce your expenses as much as possible. 6. She's quite well-off. She's quite wealthy. Describing someone as well-off or wealthy means the person is rich. You can also use the word well-to-do as an adjective. My neighbor is a well-to-do businessman. 7. They're loaded. They're filthy rich. Both loaded and filthy rich are slang words that mean a person is extremely rich. 8. He inherited a fortune. If a friend or family member dies and gives you their money, you have inherited the money. A fortune is a large amount of money. 9. She's raking in the money. She's raking in the cash. She's raking in the dough. If a person is doing something that is very profitable and earning a lot of money, you can say they are raking in the money. Dough is a slang word for money. 10. That's an upscale restaurant. Describing a place, brand, or product as upscale means it is designed for rich people. Thanks for watching English Tips from Espresso English. If you liked this video, please share it.