People who's financial situation changed drastically within the last 12 months - how come?

The company that hired our organization found a cheaper proposition and said organization dropped us as it didn't need as many people anymore. Usual stuff... Also some (hopefully) minor health problems, will know more after a full set of tests.

Went on Erasmus+ programe in Spain, so EU gives me money to live there.
Yesterday got approved for 2 scholarships back at home so there will be some money comming soon, but not much.

Currently i'm on a 3 year unemployment streak. Surviving through the money i've saved during my last job. Things should change soon since a friend told me that he could use another guy in his office, but if this shit doesn't end well i'll have to move out and search for a job elsewhere, since there's no future here.

Lost job...

Voted the current top result. Feel a little better knowing I'm not alone at all :)

Worse, my father got a much lesser paying job and my health hasn't been the greatest.
Computer broke last year and I waited for several weeks before getting a new one because I felt bad buying one.

i have a job and whatnot just never learned to managed money well and i put every cent i have to bills so i can live week to week with about 40 dollars for food/gas/entertainment. thank goodness for this site or i would have to blow the budget in entertainment

Going rather downhill for me at the moment due to different mental ilnesses. I hope it gets better in the future.

I never place too much emphasis on my financial situation. I'm self employed with enough skill to only have to work a day or two a week to survive comfortably. I turn away clients more often than I accept, and choose to work with clients that I like, that are not in a hurry and don't expect to see me more than once a week. Yip - I could make 10x what I earn, but I see no need. Since the age of 25, I decided I want to live whilst alive - and not end up dead with piles of cash. I read a lot (maybe 2 books a week), play a lot of games, watch many movies, play and listen to music, travel a bit for fun, and don't miss many of my team's games (soccer) and enjoy chilling with friends and family. 5 days a week grind just not for me - and worrying about money would not be much fun.

lost my job in last may and still can't find any good. 1 month more and i can not pay for my internet...

I started my own business. My finances have been on a rollercoaster for just about a year now.
I'm almost safe

I bought myself my first own house and invested about €45000 in it from my own bank account and €50000 from my parents, the rest is from the mortgage.

I couldn'r say it's much worse, but I'm not as good as I was 1 year ago.

It's for political reasons and bad decisions my president made (and continues to make), and my boss being an asshole. I live in Argentina, and last year we had about 45% of inflation, and I only got 25% raise in my salary, so I lost about 20% of my salary.
The good thing, I won't last too much longer around in my current job, with interest being high in hiring me, and paying about 20% more, making me even against last year.

Well, im quite better, last year I found a better job (the current one) and at the end of the year I got a 33% raise.

So, i'm doing well, and hopefully keep on getting them raises xd

Graduating soon to my second job as a gardener. This means better job opportunities and better salary since now I have certificate for the job. Also better mental health and less stress since I can finally do something I like ^^

I got fired at the very end of last August after almost 3 years of working there. It was such a shock. To this day, I'm still unsure why, my ex-boss talked about loss of trust but the few things he shared with me, I could easily explain them. I think he wanted me out because he had found someone else who he thought would be better. This made me spiraled further into depression, I spent the last months trying to recover. I can't say I'm really feeling better. Also learned juuuust before Christmas that my dad had mouth cancer. He's on the path of recovery now. But let's say that didn't help improve my mood.

Ever since I got fired I had to fight to get access to Employment Insurance benefits. I received sickness benefits at the end of January because depression made me unfit for work. I was supposed to start getting EI benefits in February but the government told me they were still reviewing some details in my case, apparently it's complicated. I can live off my savings for now. Also, my yearly writing contract is keeping quite busy nowadays. I just hope I'll be able to find a job I'll like, with at least the same wage than my previous one.

I changed my job for a better one. It is still not something great but at least I will not starve and die now.

Also I'm on your WL so you don't have to add me again but when I saw that Bard's Tale IV I almost had an orgasm :P

I selected worse because i had to stop working in November to take care of my mother 100% full time rather than kinda half the time like before. her health began to spiral downwards and i was legit worried about her dying in her bed, so even when she was asleep i was too stressed out to focus. now she's recovering and i have to get back to finding gigs because ahahahah goodbye savings. it was nice knowing you.

i expect things to have recovered back to the level they once were by the end of the year, but last month in particular was a doozy in getting bills paid.

Like... in a very strange way... both. My father died, so we're short one salary, but at the same time... my father died, so we have all the money of his life assurance. So we had quite a drastic income of money, buuuut we had to pay off some debts and we've lost a steady income.

I guess I'd say worse. I failed a college course but wasn't told until a month after I walked in the graduation. I had received a single email telling me I didn't graduate. I didn't actually find out until about 2-3 months later, at which point I was unable to enter the current term and had to wait until after the new year to enter a new one. I had to use all of my graduation money, which I had been saving for a new laptop, and I have to head into the city once a week which means I have to buy 1-2 meals at some fast food place or restaurant and I have to pay for transportation.

Plus, where I work it's the off-season so I'm only getting scheduled 2-3 days a week.

Could be better, my parents throw me away at new year, and i could not get a flat because they only ask for people income, and not about what they have already earn.
I worked and saved for years with the goal of having my own place, and can't even use my money for that purpose.. wich led me to live in an homeless centre. I had to make a lot of paperwork, wich have been sent back to me several times because they somehow lost some files in the process. So at least i have my car wich is housing my computer in pieces, and im using my 12 yo laptop to evade myself from stress from time to time on san andreas wich is lagging on it on 1024*728. I still managed to follow the damn train.
Another funny fact is that i can't work since i am çot cover by insurances since i was rattached to my parent's one and not anymore, and have to wait for their answers too.
Not every thing is bad though, even if im harassed by drug or alcohol addict, they are nicer than my parents, i am not insulted shamed and belittled daily, so i feel good

I managed to lose my job and then break my right arm badly....now I have no idea what I'm going to do, especially with the longterm in mind.

I've had drastic financial changes multiple times in my life. Fortunately, my own major income changes have all been very positive (so far). However, there have been some big medical issues in my family that have resulted in a significant reduction in income. I've been able to weather it without financial discomfort, and I'm very lucky to be able to say that. However, in the absence of these medical issues, my family would be much more well-off than it is. We're in a high cost-of-living area, and we tend to be very frugal. A year ago, our nest egg was growing rather rapidly, but within the last year, the growth rate has dropped significantly, and there have been quite a few months where we spent a lot more than we made.

I'm not complaining about the finances, though. I'm fortunate to be very comfortable in that regard. The family health problems are the only real concern. If I could just throw more money at them, completely empty my savings, and suddenly solve them, I would happily do so. But in the real world, so many medical problems are difficult to diagnose, difficult to treat, and take a long time to resolve... or simply become lifelong chronic conditions... or significantly reduce the lifespan of the affected person. :(

My life really changed dramatically around 3 years ago. My cat got sick suddenly, 10K in vet debt. Then I developed severe agoraphobia and anxiety. Took time off work to treat it. Treatment didn't work. THEN I developed a random exhaustion and leg spasm that is apparently some kind of chronic illness, they are still working on diagnosing it. Good news is the anxiety lessened a lot and agoraphobia disappeared (I suspect I am too tired to give a shit anymore). That being said, this year my financial situation STILL got drastically worse.

Basically between attempted treatments and medications this year, my medical costs have gone up a lot. It took me long time to realise my leg spasms weren't a side effect of other medication and to realise a problem was developing. So this last year was the first time I tried a lot to diagnose and fix it. Taking care of myself costs more money, dentists things like that and I can't afford to let something else medical hit me, so I have to be vigilant. We had a car before and ended up losing it as we didn't have money to buy a new one when it broke, so now we do a car share service. We can't afford even small 2 day vacations anymore.

To reiterate. We were always poor (no honeymoon and been married 8 years, we also didn't spend much on the wedding, house reception, chinese dress, 11 people invited etc.), but it's gotten much worse. I'm lucky because my husband has a good job, so with him working it's like two people on minimum wage, so I'm aware it could get much, much worse, but we can basically just survive and that's being really careful. (I also sell a lot of stuff I win in competitions which makes a little extra money on the side).

If anyone else is going through this I just wanted to say, I know just how it feels to feel like everything just keeps hitting and it gets worse and worse. When you went from having your physical health and job, to losing almost everything; physical health, mental health, ability to work, happiness, family, friends. But I have to believe it will get better. In my case, I still have the most amazing love.

But it's ok to be sad, or angry or stressed. And sometimes it helps though, to also look at the things you are grateful for. It feels like I lost so much, but some people are born with no physical ability and I had that for many years. Some people have bad mental illness like me, but they didn't make it. I have an amazing supportive partner and 3 wonderful cats and I can manage. I don't have to go to a food bank. I have a computer and internet and a phone. And who knows where I'll be 3 years from now. Through all the shit that happened I have survived and so can you. Just one foot in front of the other, one day at a time.

I hope your financial situation (and mine!) improves soon.

*whose