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Discover LudwigThe phrase "be broke" is correct and usable in written English
It is an informal phrase which can be used when referring to a lack of money. Example: "I'm so broke right now, I can't even afford to buy groceries."
Dictionary
be broke
adjective
Lacking money; bankrupt
Exact(60)
They continue to be broke.
Without heartbreak, songwriters would be broke.
That way I will never be broke.
He now claims to be broke.
It will be broke by late August.
"I'm just happy not to be broke.
Lords with enormous estates could be broke.
No matter, we're going to be broke.
He said he didn't have to be broke.
"I don't want to be broke in my old age".
When we finally emerged, an hour later, he'd be broke.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com