The phrase doesn't involve actual bleeding; it's a metaphor for taking all resources.

Metaphoric Usage

Used to express a negative situation where someone is exploited financially.

Negative Implication

It's a figure of speech and isn't used in a literal sense of physical bleeding.

The phrase conveys a strong feeling of being overwhelmed or overworked.

Can refer to someone being physically worn out, not just financially.

Unlike sudden exhaustion, it usually refers to a slow drain of energy.