Economic vs financial?

Are both sentences correct, and what is the difference?

''I struggle because of my financial situation''.

''I struggle because of my economic situation''.

yet-knish!2017-06-13T14:45:02Z

Favorite Answer

You would only use 'financial' when referring to one's personal situation. 'Economic' would be used for the situation of a country, state, or city, or the world, etc.

Anonymous2017-06-14T00:13:21Z

Economic condition is more than financial condition. It includes also the real sector, not only money.