"Champagne Problems" (stylized in all lowercase) is a song recorded by American singer-songwriter Taylor Swift. It is the second track on Swift's ninth studio album, Evermore, which was released on December 11, 2020, through Republic Records. Swift wrote the song with Joe Alwyn (under the pseudonym William Bowery) and produced it with Aaron Dessner. "Champagne Problems" is a lo-fi ballad written from the perspective of a troubled girlfriend who turns down her lover's earnest marriage proposal due to her own mental health struggles. The song depicts the narrator taking responsibility for the breakup and mourning the faded relationship. It is built around a guitar riff and oom-pah piano.