Numerous children experience vulnerability due to their families' profound economic and socio-economic hardships. Among this demographic, females face heightened susceptibility, particularly those engaged in child labor. Dhaka, the capital city of Bangladesh, hosts a substantial population of female child laborers, compounding their precarious circumstances. Hence this study utilizes a qualitative phenomenological approach to investigate the vulnerabilities affecting these female child laborers thoroughly. A total of 25 in-depth interviews were conducted with female child laborers in Dhaka city, following a semi-structured format. NVivo 14 software was instrumental in the systematic coding and analysis of the extensive text data, enhancing the reliability and validity of the findings. This study, therefore, explores various vulnerabilities faced by female child laborers in Dhaka city, including risky health behavior, abusive behavior, sexual harassment, school dropout, unhygienic dietary habits, hazardous work conditions, and substandard living environments. Their socio-economic conditions make them susceptible to physical and mental setbacks, exploitation, and loss of dignity. The study emphasizes the necessity for comprehensive support and breaking the cycle through educational, health, and social initiatives. It offers a detailed portrayal of the living conditions of female child laborers in Dhaka city, providing valuable insights and evidence-based policy prescriptions for policymakers and Non-Government Organizations to formulate effective policies and measures to safeguard this vulnerable community.