I'm in dire straits.

Meaning

I'm in a very serious and difficult situation.

Examples

• John: How are you coping with everything?
• Alice: To be honest, <b>I'm in dire straits</b>. I've lost my job and my car is broken.
• John: I'm so sorry to hear that.
• Alice: Thank you. Things are really tough right now; <b>I'm in dire straits</b>.