BACKGROUND: The COVID-19 pandemic had widespread impact, with evidence indicating lasting effects on wellbeing. This study aims to examine enduring impacts through individual narratives, using Conservation of Resources (COR) theory that serves for studying crises. METHODS: Analysis of narratives from 1148 responses to an open-ended question about pandemic's lasting effects, using qualitative and quantitative methods within COR theory framework including thematic analysis, Elastic Net Regression, word cloud visualization and sociodemographic analysis. RESULTS: About 42% of respondents reported lasting effects, with almost equal distribution between 'Loss' and 'Gain' groups, and 7% reporting mixed experiences. COR resources manifested as: work-finance and social bonds showed both disruption and strengthening
mental health, physical health and protective habits characterized loss narratives. Gain narratives were predominantly characterized by renewed perspective and personalized time investment. Women reported more physical health impacts. Resource combinations exemplified resource caravans. 'Mixed' group revealed complex balance of loss-gain dynamics. Work-life balance emerged as a sustained valued asset. The findings align with COR theory principles. CONCLUSION: Three years post-pandemic onset, while lasting losses persist, narratives indicate shifting dynamics toward gains, predominantly reflecting transformed perspectives. Findings enhance COR theory in pandemic context and inform policy by highlighting emotional toll management and work-life balance preservation.