This study examines the problems of school principals in providing financial resources to the school and the solution proposals for these problems. The research employed a qualitative phenomenological research design. The research was carried out in the 2021-2022 academic year. The study group consists of fifteen kindergarten, primary and secondary school principals in Diyarbakır. Maximum variation sampling method was used to select school principals. The study data were collected with semi-structured interview method. The data were analyzed by descriptive analysis and content analysis. As a result of the research, it has been seen that there is a financial problem at all levels. Still, this problem is more prominent in pre-school education institutions that are not within the scope of compulsory education and therefore do not allocate financial resources. It has been understood that school principals spend too much time creating a source of finance and therefore cannot adequately perform their other essential duties. School principals see insufficient funds allocated to schools and the failure of parent-teacher associations to fulfill their crucial obligations as the source of financial problems. On the other hand, it was concluded that financial issues reduce the motivation of school principals and negatively affect the performance of teachers. School principals stated that, first of all, each school should have its budget in solving the financing problem. School principals believe that the public should be informed about contributions to schools by creating a positive perception through print, broadcasting, and internet media. For policy makers, it has been suggested by researchers to prepare a school-based budget.