How do you contrast the financial life from five years ago?

[Activator230822]

Nowadays most economies in the world are ravaged by the ongoing inflation which seems to be staying there for a very long time so to speak.
As a result of that, the currency value has drastically reduced and the purchasing power has really gone down making people to spend more on very few items.

With that being said, the financial situations for the low to the middle income earners is at stake because of the accumulation of debts that lead them to financial constraints and stagnanted financial lives.
That's why you would see most people staying on the same financial levels years in years out for that matter.

 

[Yusra3]

Five years ago, my financial life was less stable and organized compared to now. Back then, I had fewer savings and investments, and I was more prone to impulsive spending. However, over the years, I've become more disciplined in managing my finances. I've built up an emergency fund, diversified my investments, and developed a clearer understanding of long-term financial planning. Overall, I feel more secure and confident in my financial decisions today.