Browsing Tag: power

    EcoStruxure™ Power: Shanghai Metro provides Safe and Reliable Transport | Schneider Electric
    Articles, Blog

    EcoStruxure™ Power: Shanghai Metro provides Safe and Reliable Transport | Schneider Electric

    November 20, 2019

    Peaceful yet dynamic the city of Shanghai is a powerful magnet Shanghai Metro, the lifeline of this metropolis carries over ten million passengers every day connecting inhabitants across the city Working for Shanghai Metro means to stand by around the clock I am Guo Delong General Manager of Power Supply Branch Shanghai Metro Maintenance and Security Co., Ltd. I am responsible for the safe operation daily maintenance and emergency management of the power system for Shanghai Metro As a large international company, Schneider Electrics provides us with top-class products and excellent services Currently our transformer substations have become unattended with patrol inspection and remote monitoring supported by an online system which is based on backend data analysis to improve our daily maintenance and operation Schneider Electrics offers timely adequate and considerate services and deals with and settles emergencies in the first place In closer cooperation with Schneider we are expecting further management innovation in the future

    Articles, Blog


    November 7, 2019

    Hello guys and welcome back to 2X4 BRICK
    Today we are unboxing, an awesome Lego City set
    I am talking about the High speed passenger train with the set number 60051
    Now the box, as you can see, is huge for a City set
    It measures 58 cm long, 38 cm wide and 10 cm high
    If you put that into inches it gives you about 23 by 15 by 4
    Before I tell you the price per brick you need to keep in mind that this set comes with
    power functions For the set�s 601 pieces you will have to
    pay 119 euros or 149 99 US dollars This translates in a price per brick of almost
    20 euro cents or, if you live in the US, 25 cents
    Let�s go ahead and unbox it Inside I found the following
    7 numbered bags plus an eight one that has no number on it, this also contains the Power
    Functions infrared reciever 4 stacks of curved tracks for a total of 16
    A cardboard box containing the Power Functions elements
    And another bag with the instructions and a sheet of stickers From bag number 1, with the instructions booklet number 1, with 25 pages you build the railway
    crossing Bags number 2 and 3 with the instructions
    booklet number 2 with 68 pages will help you build the locomotive
    In the 39 pages booklet number 3 you will find the instructions for building the passanger
    carrige and for that you will have to use bags number 4 and 5
    Bags number 6 and 7 contain the bricks for building the other end of the train, for that
    you will have to use the instructions booklet number 4 with 61 pages
    Before we start building it let’s take a look at what is inside the carboard box. THANK YOU GUYS FOR WATCHING AND IF YOU ENJOYED IT PLEASE BE SURE TO LIKE, SHARE

    Beverly Hills vs. Metro’s Purple Line Subway Extension Ⓜ️  Future Transit USA
    Articles, Blog

    Beverly Hills vs. Metro’s Purple Line Subway Extension Ⓜ️ Future Transit USA

    October 12, 2019

    Hey everyone thanks for tuning into Los
    Angelist. Today we’re going to take a look at the LA metro Purple Line extension to
    Westwood, which will eventually take riders from near UCLA to Union Station
    and even the Arts District, once funds for a new station near the existing yard
    can be appropriated. A high-speed subway from downtown LA to the Westside has
    existed in the minds of Los Angeles area politicians since at least the 1970s, a
    time when traffic was first becoming a noticeable crisis. In the years before
    Tom Bradley became the first black mayor of Los Angeles in 1973, there had been an
    interurban rail transportation system called the Pacific Electric to ease the
    burden on area freeways. But with the abandonment of the last red car line in
    1961 and the last streetcar line in 1963, it seemed as though traffic was getting
    worse with each passing day. While the rush-hour traffic jams of the 1970s
    would probably seem quaint to modern drivers, even then it was already so bad
    that there was a growing political will to construct a subway down Wilshire as
    part of a larger rebirth of rail transportation in Los Angeles. Mayor
    Bradley’s staff had initially hoped to break ground on an ambitious regional
    rail rapid transit system similar to the ‘Sunset Coast Lines’ envisioned by former
    local news anchor and then-County Supervisor Baxter Ward, which even then
    included a subway to the Westside, within 18 months of taking office. So what
    happened? What’s taking so long? While methane-phobic former LA
    congressman Henry Waxman can be blamed for about 10 to 15 years of delay, the
    honest answer to that question at this point is Republicans, Beverly Hills and
    old-fashioned depressing racism. After several decades and more frivolous
    lawsuits than I would care to keep track of, the Purple Line subway extension is
    now finally happening and a German-made tunnel boring machine has already been
    purchased and shipped in pieces to California for the purpose of digging
    the tunnel. Today, while the mayor of Beverly Hills publicly expresses
    support for the Purple Line subway extension to the west side of Los
    Angeles, even appearing in the occasional photo-op related to the project, Beverly
    Hills still conspires against the subway to the west side through its
    surprisingly powerful and unaccountable School Board. See, back in the day when
    school segregation in the United States was the rule and not the exception in
    many places, the wealthy and at that time nearly 100 percent white city of Beverly
    Hills carved its own school district out of the poorer and more diverse Los
    Angeles Regional School District. Depressingly enough, de facto racial
    segregation of Los Angeles area schools continues to this day – at least in part a
    result of wealthy enclaves such as Beverly Hills separating their students,
    and their vast property tax wealth, from majority-minority la schools which have
    been starved of adequate resources for generations. In the words of Richard
    Rothstein over at the recently unionized Los Angeles Times “We tolerate
    residential segregation because we’re convinced that it happened informally,
    because of personal choices and private discrimination. But what cemented our
    separate neighborhoods is something most of us have forgotten – government’s
    unconstitutional and systematic insistence on segregated housing in the
    mid 20th century, establishing patterns that persist to this day”. In 1981, matters
    were made worse still when a racist lawsuit succeeded in court and the
    busing of poorer minority students into wealthier whiter school districts like
    Beverly Hills was halted in California. In 2010, the Beverly Hills Unified School
    District kicked most of the remaining students lacking families wealthy enough
    to live in Beverly Hills out of the district, and things have not improved
    meaningfully since. So not only is the very existence of Beverly Hills enclave
    school district as separate from the Los Angeles School district
    one of the primary reasons LA’s district has always seemed so racially
    segregated and starved for resources, the way in which the Beverly Hills School
    Board has chosen to actually use those resources is almost as repulsive. To date,
    the Republican-controlled Beverly Hills School Board has spent over $10,000,000 in school funds on lawyers – funds that in a perfect or even slightly less
    unfair world would instead be shared with the Los Angeles Unified School
    District, instead of being frittered away on a Quixotic political charade against
    an important infrastructure project. Not pencils, not paper, not computers, not textbooks – lawyers. Lawyers to sue a subway that everyone seems to want, even the
    mayor of Beverly Hills herself. The Beverly Hills School Board has spent $10,000,000 on a legal case that will never tangibly benefit a single
    student in Beverly Hills schools and will most likely only serve to delay a
    sorely needed infrastructure project almost half a century in the making
    before it can be dismissed by the court. I can’t honestly speak to whether or not
    the Beverly Hills School Board can be reasoned with, since these are indeed the
    same people with an oil well on a high school campus, but I encourage all to try.
    If you have a hard time getting through to somebody on the school board,
    ultimately – at least in theory – the Beverly Hills school board should be
    subservient to the mayor and city council of Beverly Hills, so in my
    opinion those officials need to hear from supporters of the subway extension
    to the 405 as well. And if you live in Beverly Hills, school board elections are
    in March, when voter turnout tends to be low. Pay attention next time for Pete’s
    sake! And thanks again to my patrons on
    Patreon, whose monthly support makes Los Angelist possible, and I will be back soon with a depressing episode than this one. Please like subscribe! And consider
    supporting Los Angeles on Patreon if you want to see more videos like this one on
    the politics of transportation in Southern California, and even help us get
    an entirely rebuilt Pacific Electric Railway on the ballot in 2020! Please
    also consider checking out my friends over at the Rail Passengers Association
    of California & Nevada at RailPAC essentially does a more formal
    version of what I do here on YouTube by lobbying on behalf of rail passengers
    like you and I, and pushing for improved passenger rail service right here in
    California and throughout the American West at the state, local and federal
    levels. And for anybody interested in learning more about the history of Los
    Angeles Metro rail I recommend you check out the book Railtown by Ethan Elkind.
    Links to everything in the description. Thanks for watching, please like and
    subscribe! you

    LA Metro Red Line Elevated Extension to the 105 Ⓜ️ Future Transit USA
    Articles, Blog

    LA Metro Red Line Elevated Extension to the 105 Ⓜ️ Future Transit USA

    October 11, 2019

    Hey everybody thanks for tuning into
    Los Angelist! Today we’re going to look at Metro’s proposed Vermont Avenue red line subway extension, a project that could separate the red and purple lines and
    provide the densely populated, economically depressed and already
    transit-dependent neighborhoods along Vermont Avenue with some of the best and
    fastest interurban rail service ever seen in the state of California; A
    glorious complete reversal of course following many decades of environmental
    racism, car-centric urban planning and disinvestment. Access to adequate and
    affordable public transportation is the number one factor in any individual’s
    ability to escape from poverty, so a new public transportation line of this
    quality through some of the poorest neighborhoods in Los Angeles County
    would be a game-changer in every sense. But to understand the significance of
    this project it helps to have some background on how Metro Rail came to be in the first place. In the waning years of the 1970s, following several decades
    of inaction, the County of Los Angeles had become fed up with the increasingly
    obsolete and congested freeway system’s monopoly on public transportation in
    Southern California. To remedy the situation, Proposition A was placed on
    the 1980 ballot and passed into law by Los Angeles County voters. For the first time
    in history Los Angeles had not only a concrete plan to rebuild its long-lost
    interurban electric railway system, but also the funds it would need to do so.
    When voters went to the polls that year the only piece of today’s Metro rail
    and bus rapid transit network that already existed was the El Monte busway, which had been constructed in the 1970s and which now serves as the
    northeastern portion of Metro’s Silver Line bus service. Skeptics of the day
    said that rail could never again work in Los Angeles. ‘Los Angeles was too
    sprawling and not dense enough to bother spending the money’ they would say. Some claimed that the redevelopment of rail would be to the detriment of existing
    bus riders, and were unwilling to believe that the two modes could complement each other with their respective strengths and weaknesses. All were proven wrong
    for in not too many years the El Monte busway would no longer be the only
    meaningful piece of dedicated public transportation infrastructure in the
    County of Los Angeles. This map shows the original vision for Los Angeles Metro
    rail as presented to LA County voters in 1980. On a typically beautiful day in
    1990 the first Metro rail line opened to the public; The Metro blue line, which
    today runs from downtown Los Angeles to Long Beach.
    in 1993 the first section of the Metro red line subway was opened to the public,
    running from Union Station to MacArthur Park. In 1995 the Metro green line was
    completed as part of the 105 freeway, which as the concept of induced demand
    and the need for walkable breathable transit oriented neighborhoods becomes
    better known and understood by local policymakers, will hopefully be the final
    or second last freeway ever to be constructed in Los Angeles County –
    depending on whether or not a new freeway is constructed in the high
    desert as part of the planned XpressWest bullet train from LA to Las Vegas.
    In the year 2000 the Metro red line tunnel to the San Fernando Valley was
    completed and the subway as we currently know it was born. In 2003 the first
    section of the Metro Gold Line was opened to the public, connecting Union Station with Pasadena and the San Gabriel Valley. In 2005 and
    2009 Metro opened its two current bus rapid transit lines; The orange line to
    Chatsworth and the Silver Line extension to San Pedro. Both were originally
    intended to be rail lines. In the years to come additional portions
    of Metro’s original 1980 rail plan will come online, including extensions to LAX,
    Westwood, Long Beach via Torrance and a brand new line from LAX all the way
    north to Sylmar via the 405 and the Sepulveda Pass.
    Since the Metro Silver Line exists Almost entirely in the medians of the
    10 and the 110 freeways, a theoretical Silver Line to rail conversion would
    only be as useful as the Metro Green line, which has the lowest ridership of all of
    Metro’s rail lines thanks to the aforementioned reasons, and of course the
    lack of a direct connection to Metrolink trains in Norwalk. So while it is
    theoretically possible to convert the Silver Line to rail as originally
    intended, it would not be worth the expense. Especially when there is an
    alternative rail route that would serve the same neighborhoods with far more
    walkable and desirable service; Vermont Avenue. Vermont Avenue has always been a
    transit oriented street. In the first half of the 20th century the street’s
    broad median hosted tracks of the Los Angeles Electric Railway’s ‘F’ line from
    Athens to Boyle Heights among others. While all Los Angeles
    streetcar service ended in 1963, the constituency for public transportation
    along Vermont Avenue did not disappear. To this day, the north-south bus routes
    running along Vermont Normandie and Western Avenues are some of the most
    heavily trafficked bus lines in the United States. The lack of rail service
    since the end of streetcar service however, fits into a broader pattern of
    political discrimination against historically transit-dependent
    working-class neighborhoods of color, many of which were economically
    devastated by the loss of passenger rail service and the convenient affordable
    access to downtown jobs that had gone with it , but never saw the public
    investment needed to remedy the situation. At least until now.
    Measure M won in a landslide at the ballot box and that was very much by
    design. In the months leading up to the election, city and county officials
    repeatedly altered the order in which certain projects were prioritized in
    order to appease key voting blocs in neighborhoods that were seen as likely
    to vote against the measure if their local projects were not prioritized.
    Since the Vermont Avenue constituency largely consisted of people who already
    used transit, their votes were taken for granted and in the months leading up to
    the election most of the public discussion revolved around projects in
    areas that were seen as politically important, and not around the projects
    that would be best able to serve the greatest total number of riders. But at
    least in LA that pattern is finally beginning to change. Fresh off the
    successful passage of 2016’s Measure M in March 2017 the Metro Board of
    Directors made a seemingly small alteration to Metro’s Measure M plan;
    Instead of continuing the long tradition of ignoring transit dependent
    neighborhoods of color in the infrastructure budget, the directors
    agreed that the amount of need for reliable transit along Vermont Avenue
    was simply too great to be constrained by upgraded bus service alone. So, they
    decided that in addition to the planned bus rapid transit project down Vermont
    Avenue, there could also be an extension of the red line heavy rail subway,
    straight through the heart of Los Angeles all the way to 120th Street in the neighborhood of Athens, including new connections with
    Metro’s existing green and Expo light rail lines. South of Gage Avenue, Metro
    red line trains will emerge from the tunnel and continue south along Metro’s
    first elevated heavy rail viaduct. This will save Metro a whole lot of money and
    will allow funds from two previous sales taxes passed before 2016’s Measure M
    to be used for the project. Due to fears that Metro’s subway tunneling can cause
    a methane explosion similar to one that occurred underneath a Ross Dress for
    Less in the 1980s, politicians of the time blocked the use of two transit
    funding taxes for underground tunneling. While it was later determined that a
    similar methane explosion to the one at Ross could not be triggered by Metro’s
    tunneling, the ban remains in place and those funds can still only be used for
    above-ground rail projects. The elevated section of the red line will continue
    along Vermont Avenue as far south as Athens, including a new connection with
    the Metro green line. None of this is to say that the Vermont Avenue subway
    extension is a done deal by any means. An extension of the red line subway to the
    Green Line is still only one out of five possible build alternatives Metro is
    considering for Vermont Avenue, so in the coming months it is imperative for those
    of us who recognize what a game-changer this project could be to show up to
    community meetings related to Metro’s Vermont Avenue project and voice our
    support for *BUILD ALTERNATIVE 5* – Bus rapid transit in addition to an
    extension of heavy rail from Wilshire to the Green Line. What do you think about
    this project? Was Mayor Garcetti right to include Vermont Avenue’s transit project
    in his recent list of projects to accelerate, and hopefully at least break
    ground in time for the 2028 Olympics? Do you think an elevated line not in the
    median of a polluted freeway would be more pleasant to ride than the Green
    Line? Let us know in the comments! And of course, thanks for tuning in. Please like
    this video and subscribe to Los Angelist for more videos on politics and
    transportation in Southern California.


    How Often Should You Train Your ABS?

    September 28, 2019

    What’s going on nation? And welcome to bench break episode 12. How often should I train my abs? Now before we get started with this video I’m sure you know you guys are wondering where I got this kick-ass Inuyasha shirt. I got it from hot topic I actually have a whole closet full of anime shirts And I keep getting questions on my videos if I like anime if I like all these different ones And I do so I figured I’d start whipping out these shirts and showing you guys which Animes I like this was actually a shirt I wasn’t going to get and Erika convinced me to buy it. We’re at hot topic and she’s over here the day that we got the shirt I actually went to my dad’s house, and all my brothers said I was wearing a Hello Kitty shirt and then that was pretty fun to deal with Yeah, it was the last time we saw them Inuyasha’s badass, so I don’t know why they were complaining They just aren’t into anime as much as I am but whatever you know it was a fun day but let’s get back on track with this abs video, so How often I should train my abs? This is a question that I’m asked a lot and being in the fitness industry as long as I have I’ve heard many different answers and explanations So here’s my disclaimer guys everything I say here is based on a mix of research my experience with my [own] body and my experience with Clients not one thing works for everyone because we’re different so you can use this as a general guideline and with time [Fine-tune], what works best for your body Now first let me start by saying that there are two categories of people Those who just want a nice [tight] and lean core and a lot of women fall into this category And those who want the big blocky very visible six-pack. So keep this in mind as we go through this video Now let’s start talking about what types of exercises to do now I’ve seen people say that you never have [to] train abs because they’re worked hard enough during intense compound lifts like squats Or deadlifts [I] actually talked [about] that in this video right [here] if you fall under the first category And we’re talking strictly about core engagement and not building and sculpting blocky Abs you might be able to get away with this now if you want to grow your six-pack, you will need to do abdominal isolation exercises on top of the compound movements Just like you would for [any] other muscle group for example if you want to grow your biceps You don’t just do pull-ups [you] add some curls to your program to isolate and Destroy a specific muscle Group right well your abs are the same so stop [giving] into these gimmicks and work your abs the other point I want to make is that if you’re always relying on the Assistance from a weight training belt when performing your lifts such as the squads or the deadlifts Although you’re engaging your core You’ll quickly find that your core will be much weaker than someone who does not There is nothing wrong [with] using a [belt] nation just understand that the more you use it The more you need to spend time training your entire core which consists of your abs lower back and obliques to make it stronger [the] best thing to do would be to train without a belt when doing your lighter sets and only use your belt when you get Into your heavier more intense sets now. Let’s talk about frequency. I’ve found that abs are a lot like our calf muscles [they] need a lot more volume in order to grow so I myself do not do [abs] just once a week I actually hit them four times a week And I separate my ab days into an upper and lower ab workout And another day focusing on lower and obliques. [I] also do abs at the end of the workout after I do whatever muscle split I’m doing that day Ultimately, how often you will train your abs will come down to personal preference and how much time you have available But let’s talk [about] my training schedule my ab schedule is very simple And [I] even have two videos you guys can check out if you’d like to follow my routines starting Monday I like to train two days of abs rest on Wednesday then repeat Thursday and Friday Weekends are like ab rest days for me keep in mind This is not set in stone Sometimes if I’m in a hurry, [I] will do my regular muscle split that day and leave the ab workout for the weekend So it doesn’t have to be exactly like this, but if you want to follow along day one focuses on upper and lower Abs and you can check out my V cut six-Pack abs killer workout from my 2010 series it’s an older video Doesn’t mean it’s not amazing, and I still do this workout to this day day two of focus on lower Abs and obliques and this is called the ultimate core workout targeting lower Abs and obliques once again a part of my be a 10 2010 series those of you who haven’t seen it now There’s a lot of debate that you cannot target upper or lower abs because the rectus abdominis Is one big long muscle to these people I say lie on the ground and perform a reverse crunch with a 25 pound dumbbell between your feet and tell me what part of Your abs hurt the most in addition to this I’m also not claiming that if I’m focusing on lower Abs that the upper portion isn’t being worked at the end of the day both areas are Activated, but we can be creative and perform exercises that will target the area we intend to work more the reason Why I have one day to focus on lower and upper and the other to focus on lower and obliques is because it’s my belief That you’re targeting upper abs the majority of the time when training and if you really want to bring out the lower portion They need to be focused on a bit more in fact one of the most common questions. I get is Scott How do I bring out my lower Abs? Now guys obviously a low body fat percentage is key here But to me it proves my point that the area of the rectus abdominis that needs the most [attention] for most people is the lower abs now for the last part of this video Let’s talk about reps and sets typically what I like to do is on the first two days I focus on heavy weight as much as possible for 12 to 15 reps Just like any other muscle to build blocky abs you need to resistance train So you have to bump up the way on the next few days your abs may still be a bit sore So I focus on high reps anywhere between 30 to 50 reps per set per exercise, [but] there is one myth I would like to dispel before I end this video nation and that’s that the weighted oblique exercises will give you a huge waist This is a myth The only way you will gain a huge Waistline is by gaining fat or doing a cycle of roids [the] reason why gaining fat can increase your waistline is pretty obvious [the] reason why Roids play a huge part is because you’re not only unnaturally increasing the size of your muscle But your internal organs as well. It’s called a roid gut or a distended belly now let me make it clear guys I’m not judging anyone who uses roids. It’s yours decision, and I respect that [it’s] just a point I need to make for those of you who are watching this video who might be new to bodybuilding and are afraid of increasing [your] waist size if you’d like to learn more about Information about this topic guys I talked about it here this is a video I did a little while back but it goes over all of this and has a lot of great info for you guys to listen to before we wrap this video up if you’re lacking time in the gym and can’t possibly train your abs as Frequently as I do a great way to still get them in and hit them as hard is to [Superset] them between your regular routines so for example if you’re going to the gym today to hit chest Instead of taking a two minute break between sets use that time to hit an abdominal exercise Now I hope you guys enjoyed this video and it brought some clarity to [a] lot of questions You might have be sure to show some love by hitting that like button and subscribing for more Videos if you haven’t signed up for my lean muscle system yet. I’ll put a link right here so you can jump on the waiting list be ready for the next release of the Program and for those of you who are looking for a community of people who are all about making gains Supporting each other and being [all-around] just great people to hang out with be sure to join us on What’s your maximum output?


    3 Men Hurt After Accident In Mayfair

    September 12, 2019


    How an electric locomotive works…
    Articles, Blog

    How an electric locomotive works…

    September 9, 2019

    Electric locomotives have been providing hauling power for trains since 1837. Unlike steam and diesel locomotives, electric locomotives do not carry any fuel or energy source. The energy that drives them may be located hundreds of kilometers away from the locomotive itself. Electricity produced at a distant power station is conveyed to the locomotive through overhead catenaries. An electric locomotive is essentially a box full of transformers and semiconductors. A pantograph collects electricity from overhead wires and transfers it to a transformer, which sets the electrical power to the desired voltage. A connection with the axle brushes completes the circuit. From the transformer, the alternating connect drawn from the overhead wires is transferred to a main rectifier which converts it to direct current. The main and auxiliary inverters than convert the direct current into three-phase alternating current. The three-phase alternating current powers the traction motors, which then drive the wheels. For the traction motors to efficiently drive the wheels, many small but important components are also needed. Auxilliary inverters and rectifiers power these smaller components. Transformers and rectifiers produce a lot of heat and have to be kept cool. This important job is done by cooling fans which are powered by the auxiliary inverters and rectifiers. A compressor also powered by the auxilliary inverter, supplies air at the required pleasure to operate the pantograph. A battery provides the power for start-up operations and also supplies essential circuits. The battery is usually connected across the DC controlled supply circuit. Finally, the traction motors also produce a lot of heat and require cooling. The traction motors are cooled by separate cooling fans which also draw power from the auxiliary inverters and rectifiers. So, that’s how electric locomotives work!

    Industrial designers develop a device to generate power from passing trains
    Articles, Blog

    Industrial designers develop a device to generate power from passing trains

    August 18, 2019

    In sustainable energy news, industrial designers
    develop a device to generate power from passing trains. Mr. Jiang Qian from China and Mr.
    Alessandro Leonetti Luparini from Italy have created the T-Box. The invention, which would
    be installed between railroad ties and be partially underground, captures the wind of
    passing trains. This causes the turbine in the box to produce electricity. According
    to Mr. Jiang and Mr. Luparini, 150 of the T-Boxes could be placed on one kilometer of
    track for railways or subways. The electricity made could possibly be provided for facilities
    or underserved areas nearby. What a fantastic innovation, Mr. Jiang Qian
    and Mr. Alessandro Leonetti Luparini! May more such advancements help to ensure greener
    and cleaner energy for all�

    If You’re Broke Or Struggling Financially, Follow These Steps To Change Your Financial Situation
    Articles, Blog

    If You’re Broke Or Struggling Financially, Follow These Steps To Change Your Financial Situation

    August 15, 2019

    – Hey, this is Stefan from,
    and in this video I wanna talk to you about how to change your financial situation. So if you’re watchin’ this right now and you’re
    broke and you’re struggling financially, then this is probably one of the most important
    videos for you to watch. I really hope that you watch this to the end,
    you watch it again and again, and most importantly, that you actually apply what I’m gonna share
    with you, the advice, the recommendation, and the steps that I’m gonna advise for you
    to do, because a lot of what I’m gonna share with you are things that might be different
    that what you’re doing right now. And that’s a good thing, because if you’re
    broke and struggling financially then what you’re doing right now is not working, ’cause
    what you’ve been doing has gotten you into a financial situation where you can’t afford
    something or you can’t invest in yourself, or you can’t, you have to say no to certain
    opportunities that come up that can change or improve your life for the better. And so you should never be in that situation
    to begin with, because if you’re broke and struggling and you can’t afford things or
    you don’t have money, and I get a lot of people that send me messages and emails and they
    say, “Stefan, I’d love to invest in this course, I’d love to change my life, I’d love to do
    this or that”, but they can’t because they don’t have money. They can’t afford it. And that’s sad, because like I said, you’re
    missing out on a lot of opportunities that could then improve and change your life for
    the better. You’ve always gotta be prepared for that because
    there will be opportunities that arise that you’ve gotta have the financial means to be
    able to utilize and take advantage of, especially if you wanna maximize your potential, create
    financial abundance, build a business, create a certain lifestyle for yourself. So if you’re broke and you’re struggling,
    then it’s telling you a few things. Number one, maybe that you’re young, in which
    case it might be acceptable not to have money, because when you’re young you haven’t yet
    accumulated enough years of work to be able to save money and put money aside. You know, if you’re 16 years old and you’ve
    never had a job before, then yeah, it makes sense why you wouldn’t have any money. But if you’re in your 20s, if you’re in your
    30s, if you’re in your 40s or 50s or 60s and you’re still broke, you still don’t have money,
    you still can’t afford, you know, little things to invest in yourself, to improve your life
    or whatever it might be, then that’s tellin’ me you’re doin’ something wrong. You’re either making money, hopefully you
    are, right, I assume you are, if you actually have internet connection, you’re watchin’
    this video right now, you have a smartphone or if you have a computer, you know, you’re
    obviously making some amount of money to be able to support, you know, and survive and
    have a certain lifestyle. It might not be what’s ideal for you right
    now, but you’re either making money but you’re not managing it properly. You’re just livin’ month to month, paycheck
    to paycheck. You’re not actually havin’ a positive cash
    flow, and you’re not saving your money, you’re not putting it aside, you’re not making smart
    decisions with your money. And if that’s the case, we’ve gotta address
    that because giving you more money is not gonna then solve your money management issues. You have to first learn how to manage money,
    ’cause if you can’t manage a dime out of a dollar, you’re not gonna manage, you know,
    $100000 or $1 million if you don’t first start and learn how to manage with a small amount
    of money. Or it’s also telling me that you’ve made some
    poor decisions financially that have gotten you into a situation of not having money,
    of being broke or whatever it is. And maybe you made some poor investment decisions,
    maybe you’ve, you know, filed for bankruptcy, maybe you’ve gotten a lot of debt, right? And again, you should not be in those situations
    to begin with because you should never invest all of your money into something. You’ve gotta have the money management IQ
    and skills to know that you’ve gotta have savings, you gotta have an emergency fund,
    and you’ve gotta make sure that you’re educated on how to manage money. And I’m doing this video because, again, a
    lot of people send me messages and tell me, “I don’t have money, I don’t have money”. And, you know, this is a video that I’m gonna
    send people to whenever they say that to help ensure they get on their feet financially
    so they’re not in that situation again. So again, I really hope that you actually
    have an open mind because some of what I’m gonna share with you, you’re not gonna maybe
    like because it is gonna require a change in thinking, a change in behavior, a change
    in habits if you wanna get yourself out of the situation that you’re in right now. It’s gonna require you takin’ responsibility
    because, whether you like it or not, if you’re struggling, if you’re broke financially, there’s
    no one else to blame for that but yourself. And I hate to say that, but that’s the first
    step of anything. You’ve gotta take ownership and responsibility,
    ’cause as long as you’re blaming someone else, you’re not gonna have the power to change
    it. The moment that you take on the responsibility
    for whatever’s happened to you financially, and you take on that ownership, that responsibility
    for your life being the way that it is, whether, you know, maybe you’ve been in a marriage
    and you got divorced, you got screwed over, well you’re still responsible for that because
    you’re the one that chose that partner, that made the decisions that have gotten you to
    that point that you might be in right now. So taking responsibility, ownership, that’s
    what gets the power back in your hands to actually do something about your situation
    and make those changes. As long as you’re blaming others and it’s
    because of the economy or my boss or my former employer or my business partner or whatever
    it is, again, as long as you’re blaming, you have no power. You have no ownership or power to change your
    situation to be able to get yourself back on track. So accept the fact that whatever decisions
    that you’ve made, and maybe not even your conscious decisions, but whatever you’ve attracted
    in your life, and I’m not sure if you believe in the law of attraction, but you attract
    and you manifest things into your life based on who you are and how you show up, your mindset,
    your attitude. You know, oftentimes people attract negative
    people into their life, they attract scarcity, they attract problems and drama because that’s
    what they’re puttin’ out there. You know, you attract what you put out, and
    you get comin’ back to you. So takin’ that responsibility is really the
    first step, alright? Now, let’s talk about what you would do if
    you’re broke and struggling financially. And by the way, this is advice that I would
    give myself, because there was once a time in my life where I was broke and I was struggling
    financially, I was living on my friend’s couch. I had credit card debt, you know, I was barely
    survivin’, and I was able to get myself out of that situation to where I am today, at
    31 years old being a multi-millionaire. And it’s because of these steps that I went
    through, and I wish I knew them a lot earlier because I would’ve gotten myself out of that
    situation a lot faster, and the reason why I was in that situation was because of the
    decisions that I made. And it wasn’t ’til I took that ownership,
    that responsibility, I said, “You know what, I got no one else to blame but myself. You know, I’ve made these decisions, and now
    I’m the only person that’s gonna be able to change this and I can’t expect anyone else
    to pull me out of this”. So I created a plan for myself that would
    get myself out of that situation to be able to change my life for the better, and that’s
    what I wanna share with you guys. So I’m gonna write this out for you and give
    you guys a few different steps of what I would do and what I would recommend for you guys. So the first thing, the first thing you need,
    you need a vehicle for making money, ‘kay? A vehicle for making money. And a vehicle in the sense of a job, a business,
    or whatever that might be, for making immediate short-term money, okay? So for a lot of you that are watchin’ this
    right now, you’re broke, you’re strugglin’ financially, my number one answer to you would
    be get a job. Okay? Get some sort of vehicle that can immediately
    start making you some money. And I don’t care what that is, but it has
    to be something that can provide for you immediately. So a lot of people, you know, come to me and
    say, “Stefan, well I don’t have any money, so I’m gonna start a business”. And oftentimes, that’s the worst thing for
    you to do because a business is not like a job, where a job you get paid for the hours
    that you put in. A business is something that you’re putting
    in time, you’re putting in energy, you’re putting in money into something, but you’re
    not getting paid back immediately for it. Really what you’re getting is you’re investing
    into something that has the potential to pay you back in the future. So a business, for most people, is not the
    solution to this. Before you start a business, I actually recommend
    that you have a job and you learn how to manage some money so that you can actually start
    your business with some money that you can then invest in your business. You can invest in the right training, the
    right education, and really start it off the right way so that you can really succeed and
    prosper the best way possible. So the vehicle would be, you know, getting
    a job. It could be a business if you already have
    one, but again, that’s only something that’s already providing you money. Immediate cashflow is what you need, okay? You’re not gonna get rich quick, alright? If you think that, “Hey, you know, if I buy
    this course or if I start selling on Amazon, whatever, next month, the next 30 days, I’m
    gonna make all this money and solve my financial situation”. It’s not gonna work like that. It can take a long time before you really
    start makin’ money in a business, and especially to profit from it. So keep that in mind and understand that. Now, you might already have a job, you might
    already have a business. The business could even be like a freelance
    business where you’re getting paid, maybe you get some clients and you’re doin’ some
    freelance work and you’re gettin’ paid for every job that you do or every contract, great,
    okay. But that is something that you need, and if
    you don’t have a job, you gotta get one, okay? And beggars can’t be choosers, so I don’t
    care if it’s workin’ at McDonald’s, I don’t care if it’s, whatever that you can get for
    now, no matter what amount of money that it pays, take that as a way for you to make immediate
    money, okay? And especially if you’re in that situation
    where you’re, you know, broke and struggling, you’ve gotta get something going. And it might not be what’s ideal. That’s okay, but at least get a job. If it’s at McDonald’s, great. You’re makin’ minimum wage. Do that, but simultaneously, maybe you could
    be looking for a better job and a better opportunity that could make you some more money that is
    more ideal for, you know, being able to help yourself get on your feet financially. So that’s what I would do. I know for myself, I did physical labor, I
    did construction work when I was broke and I was struggling. And I hated every minute of it, you know,
    havin’ to go on job sites, and I was doin’ demolition work, I was doing insulation in
    buildings and drywall and painting and all those things that, you know, I’d have to get
    on the train and go an hour at six o’clock in the morning, and I’d get, you know, be
    covered in sawdust and dirt, and you know, I’d be all day working, physically exhausted,
    and then I’d come all the way back home on the train, and I’d repeat that same cycle
    every single day. And the benefit of doing physical labor was
    I was actually able to make a little bit more money. I think I was making about $20 an hour, because
    you can often get more for doing trade-type work like that. And that was perfect for me because it allowed
    me to have a vehicle to make money, it allowed me to put money aside, to save money and help
    myself get back on my feet financially. So when getting a job or a business, whatever
    it is, the main goal is to make money. It’s not doin’ your passion, it’s not doin’
    what you love or anything like that. It’s just primarily to get yourself out of
    the situation that you are right now, to get yourself back on your feet financially. I know a lot of people, what they do, a lot
    of friends, that they’d go out and they’d work on the oil rigs. You know, there’s oil rigs here in Canada,
    different parts of the world. They’d go out, it’s brutal, tiring, exhausting
    work, but they make a lot of money by doing it, and they’re doing it maybe for a few months
    so that they can make a lot of money and then be able to quit or they get some time off. They then take that money and they’re back
    on their feet financially, they can make some smart decisions and not have to go back to
    that. So understand, you are gonna have to make
    a sacrifice. And it’s a short term sacrifice, it’s small
    price to pay, but you know, this what you’re gonna have to do to get yourself out of the
    situation that you are in financially. Now, if you’ve already got a job and it’s
    still not enough for you, maybe you have to get a second job, maybe you’ve gotta get a
    third job. Maybe you’ve gotta start lookin’ for jobs
    that can pay you some more money, okay? And it’s not that hard to get a job. So I don’t wanna hear an excuse or a story
    or a reason about why you can’t do it. There are 16 year old kids getting jobs. There’s billions of people around the planet
    that have jobs. So if they can do it, you can too, okay? You have to learn how to be resourceful. You have to learn how to, you know, figure
    things out and have that persistence, have that drive, and say, “You know what, I’m gonna
    go out and get a job, I’m gonna add value to another business, another company, or I’m
    gonna improve myself so that I have more value that I could then provide to a business or
    a company to make more money”. Maybe you’ve gotta improve your skills, okay? Maybe you’ve gotta improve your value in order
    to get paid more money with it, okay? But whatever you can get for now, start there. You have to have an immediate source of income. That’s step number one. Nothing else I can share with you is gonna
    work for you unless you have that, okay? Step number one. Step number two, is you have to learn how
    to manage your finances. ‘Kay? You have to learn how to manage it, because
    here you’re making money, but what you do with that money is really the most important
    thing. Now, for a lot of people, they make money,
    again, if you’re watchin’ this right now, you probably have a job, you probably have
    some sort of stream of income in your life. But if you have that and you’re still not
    able to save money or invest in money, or you just don’t have money to put aside or
    do certain things with, then that’s telling me that number two’s your problem. You’re not managing your money properly. You don’t manage the money that you have. Well, you know, maybe you make $2000 a month
    but you’re spending all $2000 per month for your lifestyle in order to live, or maybe
    it’s $5000 or $10000, whatever the number might be. Maybe it’s $1000. Whatever that is, if you can’t afford to save
    money and put it aside and you’re livin’ month to month, paycheck to paycheck, then that’s
    tellin’ me, again, that you’re not managing your money and you’re not making sacrifices. You’re actually living above your means or
    on par with the amount of money that you make, and not below. So here’s the key when it comes to managing
    your finances. I’ll give you a few keys, actually. Number one, you’re gonna track, so number
    one, you’re gonna track your income and your expenses, ‘kay? You’ve gotta know this. I used to have a ritual where, every single
    week, so I’d pay everything through credit cards or my debit card, and then what I would
    do is, every single week, I would go through my bank accounts, I’d go through my credit
    card statements, and I would keep a spreadsheet. And in that spreadsheet, I would track my
    income for that week, for that month, I would track that in the spreadsheet, and then I’d
    also track all of my expenses. And I’d just go through my bank statements,
    my credit card statements, and I’d categorize it into different areas. So I would categorize and say, “Okay, this
    is what I’m paying for my expense of my rent every month, this is what I’m paying for my
    car payments or my bus pass or my gym membership or my cell phone or my internet or my utilities
    bill or entertainment or eating out or groceries or food”. All that stuff, I would track it. And by doing that every single week, it would
    help me learn to see where I’m spending my money and ensure that I’m actually spending
    less than what I’m making, less that what I earn. So you have to have the awareness, ’cause
    that’s really what tracking does for you. It gives you awareness, it gives you power. You feel empowered that you know where your
    money is going. And that changed my life, just by doin’ that. Because what I was doin’ before is I wasn’t
    tracking, and so I’d end up spending more than what I was making and I’d put that on
    credit cards, and then before you know it, I was in debt. And when you’re in debt, it can be harder
    to get yourself out of that situation, especially if it’s high-interest debt. So tracking is something you gotta do. And, you know, it should be pretty easy for
    you to do, you know, ’cause probably, right now you don’t have that many income streams
    or that many expenses. You know, for me, as my life has grown, now
    I’ve got thousands of income streams and expenses, ’cause I run multiple businesses, and I need
    a bookkeeper to help me with all of that. But this is something you can do yourself. Set up the spreadsheets for it. Track, know exactly where you’re money’s goin’. Now, once you know what your income is, what
    your expenses are, you’re gonna have to budget. You are gonna have to make sacrifices, as
    I said. That means you’re gonna have to cut out expenses,
    because if you’re livin’ month to month, you’re doin’ something wrong. That might mean, you know what, you’ve gotta
    downgrade. You’ve gotta downgrade your home, ’cause a
    lot of you might be living in homes that you can’t afford. One thing I had to do, like I said, is I moved
    in with my friend and I lived on his couch in his living room, on his futon. And I paid $300 a month for that as a way
    to save money, to make a sacrifice. Now, did I enjoy that? No. That was embarrassing for me. I was single, I was dating, I was embarrassed
    to bring, you know, a girl home and show her where I was staying. It was very humbling for me. You know, I had to admit to different people
    and stuff that I was struggling, because I couldn’t afford to live on my own. Another point, in my 20s I had to move back
    in with my mom, you know, and just try to save some money, or get myself back on my
    feet for a few months. Did I want to do that, no. Was that embarrassing, yes. But I was willing to pay that price. I was willing to make that short-term sacrifice
    because I was focused long-term on where I wanted to be, and that’s what I had to do
    to get myself out of that situation that I was in financially. You might have to sell your car. I had a beat-up Honda Civic for a number of,
    like 1989 Honda Civic that was like $1500, that I had it for. It actually had to sell that at a certain
    point and just take the bus, ’cause I can get a bus pass for like $70 a month. And I just took the bus everywhere. And did I want to do that, no. I’d much rather have a car. But I had to. I was, again, focused long-term on where I
    wanted to go, and I was willin’ to make those sacrifices. You know, I had to cut out my Netflix subscriptions,
    I had to cut out, you know, got rid of my TV and my video games and all those things
    because I learned that a TV is an electronic income reducing machine. The more time you spend just watching TV,
    you’re missing out on opportunities that could then make you money. So I got rid of my TV, I got rid of things
    that weren’t supporting or helping me create the life that I wanted and to get to where
    I wanted to go. And you might have to do that. You might have to sell stuff, too. I’m sure you have a lot of stuff that you
    could probably sell, whether that’s clothing, technology, gadgets, things that you’re not
    really utilizing in your life that could help you get yourself back on your feet financially. So sacrifices is key. Making a budget, sticking to that budget is
    very, very important. Now, I’m not sure if you watched a video that
    I did on my YouTube channel on money management. And inside my Life Mastery Accelerator program,
    I go more into money management, investing, I’ve got a really in-depth that video on that,
    on how to invest your money and whatnot. But one the things that I shared that I actually
    learned from T Harv Eker is how to allocate your money. And this is a good formula for you to start
    with. This is what I did for myself. And if you want to, you could even modify
    it based on your circumstances. But this is just a good template, a formula
    for you to follow. So when it comes to managing finances, whatever
    amount of money you make, again, you gotta track that, you gotta know what it is. Here’s how you’d wanna allocate it. You’d wanna put 55% of whatever you make to
    necessities, ‘kay, necessities. Necessities are your rent, your home, your
    utilities bill, your food, your groceries, your car, your transportation, all that sort
    of stuff. That’s your necessities. 55%. Now, a lot of people, they’re putting 100%
    of what they make to necessities. Huge mistake. You’re not gonna be able to get yourself out
    of the situation that you’re in financially if you’re doing that, because then you’re
    just month to month, not getting ahead. You’re just running the rat race, as they
    call it. So 55% to necessities. And then you wanna put 10% to long-term savings. ‘Kay, long-term savings. This has to be a priority. You have to save money, you have to put money
    aside. And ideally what you wanna do is you wanna
    build up a reserve, an emergency fund. That why you should never be in a bad situation
    financially because, you know, oftentimes people are in those situations because they
    didn’t put aside an emergency fund, they didn’t have savings. This is something that you don’t spend. It’s something that you reserve for financial
    crisis, for an emergency, a rainy day. You’ve gotta have that money you put aside
    for that. So 10% of what you make, you gotta put towards
    that. And ideally you wanna build it up to six months
    of whatever your expenses or income is. Have six months of your monthly income or
    whatever put aside and saved for an emergency, okay? So you gotta make sure you have that. That’s to avoid, you know, in times where
    you might lose your job, and in times where somethin’ might happen, you gotta make sure
    you got that money put aside for it. You gotta prepare for those things. Next, 10% you need to put aside for what is
    called financial freedom. ‘Kay, a financial freedom account. This is for opportunities to invest, to create
    financial freedom, financial abundance in your life. This could be investing in stocks or cryptocurrencies
    or in an online business. Some sort of vehicle that can then make you
    more money in the future and help ideally make you passive income, passive residual
    income that can then be on autopilot to continuously make you more money. So you gotta put money aside to that for your
    future, to invest in yourself. Another 10% you’ve gotta put towards education. You’ve gotta invest in yourself, because how
    are you gonna really change your life if you don’t have the financial means to invest in
    yourself, to learn from others, to invest in seminars, training, courses, coaches, and
    mentors. That’s really what’s gonna get you to financial
    prosperity. That’s what did it for me is when I realized,
    “Okay, you know what? If I just keep livin’ in the rat race, I’m
    not gonna get ahead. I’ve gotta educate myself and learn, and by
    putting money in here, you learn what to do with the money to create financial freedom”. You know? So I started learning about online business
    and selling on Amazon and all the different things to build my business to where it is
    today, and I still do. I put an excessive amount of money into this,
    and in doing so, it helps me create more financial freedom, and also improve my lifestyle in
    other parts of my life as well, ‘kay? So you gotta put money aside for education,
    for courses, for trainings, or whatever that might be. And then another 10% you’re gonna put towards
    fun. ‘Kay? So you gotta have some fun. You’ve gotta enjoy yourself. And oftentimes, you’re gonna get more fun
    out of your life by putting money aside and then being strategic about how you wanna use
    that money. You know, a lot of people just, month after
    month, they’re just spending their money goin’ to the bar, you know, goin’ to the club and
    drinking and alcohol. And they can’t afford that, that’s not an
    intelligent way of using that money for fun. Maybe there’s some other things you could
    do with that that are really more fun than just goin’ out and drinkin’ every weekend. So you gotta make sure that you put money
    aside for fun. This is actually something, for me personally,
    I decided, you know, when I started doin’ this, I actually sacrificed this area significantly
    because I realized that I could get myself out of this situation of being in debt a lot
    faster by instead putting some of this money more to paying off my debt or using some of
    this 10% to more financial freedom or education. So that’s what I personally did. You know, I was willin’ to sacrifice this,
    but fun is also good because it rewards yourself. It helps you have a bit of balance in your
    life, too. So that’s up to you how you wanna modify it. And then the last 5% is to give, to contribute
    beyond yourself. And even if you don’t have money, I found
    this is extremely important because it trains yourself to live in a state of abundance,
    it trains your brain that there’s more than enough. And maybe for you it’s more than 5% or maybe
    it’s less. But I have often said, if you watch a lot
    of my videos, when you give, it’s not necessarily the amount as it is the habit. It could just be givin’ $1 to a homeless person
    on the street. But what you do with that is it really opens
    up your mind and it makes you feel good about yourself, and sure enough what happens is
    you attract more money, more wealth into your life. You know, oftentimes, people are so attached
    to the money that they’ve got, they’re so afraid of losing it or parting ways with it
    or investing it or whatever it is. And if you’re tryin’ to hold onto what you
    got and you’re closed off, then you’re not gonna be open to receiving more. It’s not ’til you’re open and you’re willing
    to part that attachment, you live in abundance, that’s where more wealth, more money, more
    opportunities flow your way. So having a habit of giving and contributing
    is extremely important. Again, it’s not about the amount, it’s the
    habit of it to train yourself to live in an abundant state, ‘kay? So this is a good formula for you to follow,
    ‘kay? Again, you can modify it a bit if you’d like. But the most important ones are savings, financial
    freedom, education. Those are the most important ones that you
    have to prioritize that you’re not prioritizing right now if you’re in the situation that
    you’re in. And this is a mindset shift more than anything
    else. You gotta shift your mindset. You gotta be more future and long-term thinking
    than the short-term. And you’re gonna have to make those sacrifices
    to make sure that you’re living well below your means, ‘kay? Very important. So I’ve already talked about managing finances,
    sacrifices. You know, and I also wanna really emphasize
    sacrifices, because this actually was a huge change in my thinking for me, because, you
    know, when I was tryin’ to get myself out of this situation, part of it was I wasn’t
    willing to make sacrifices. And I thought, “You know, I can have it all. I can live this, you know, balanced lifestyle,
    whatnot”. And I actually decided to interview a lot
    of people that were more financially successful than myself. And one of the things that I found out that
    was common throughout them is they all had to make sacrifices to get to where they’re
    at today. I remember even talking to my brother about
    this, who was very successful financially, at the time. And you know, I was talkin’ to him, and he
    actually, he used to work for my dad in the family business doin’ bathtubs, acrylic bathtubs,
    sinks, and showers. Physical labor stuff. And he had to live in the warehouse for a
    few years. And he lived in, like, in one of the offices
    and turned it into a little suite. And he had to live there and make that sacrifice
    to get himself out of debt and get himself back on his feet financially. I have a cousin who is fairly successful now,
    and he owned a gas station, a Petro-Canada gas station here in Canada, and he actually
    lived in the gas station for, I think, a few months or even a few years. And that was a sacrifice he had to make to
    be able to save money, to be able to, you know, do what I’m sharing with you guys here,
    you know, do this stuff. You know, I’ve had to do that. And most people that are ahead financially
    had to make a sacrifice. So that was just the reality. The sooner I was able to accept that reality,
    then it really freed me and empowered me a lot because I believed that, you know, I was
    doin’ this just short-term, but just really was confident in the plan that I had of where
    it was gonna take me and where I was gonna go in my life. So be willin’ to make those sacrifices, because
    part of getting what you want is knowing what you have to give up in order to have it. ‘Kay? So sacrifices, guys. I’ll give you another key here, guys, is you
    have to invest in yourself. Invest in yourself. And really, doing this here is really what’s
    allowing you to do number three. And like I said, it’s gonna be very hard for
    you to really change your life if you’re not able to invest in yourself. Warren Buffett, one of the richest men in
    the world has said the best investment you can make is not in a stock or a mutual fund
    or real estate, it’s in yourself. Investing in yourself. And I really believe this has been the key,
    the secret to getting to where I’m at right now. You know, I remember that time when I was
    living in my friend’s living room, and I was just, I was in credit card debt, I was tryin’
    to find ways to get myself out of that debt and get myself back on my feet financially. You know, I remember at certain times, I had
    a little bit more money, and with that money, I had the choice, I had the choice of either
    I could take that money and I could go and live on my own and put some of that money
    more into my necessities and I could get my own place and my own car, and I could, you
    know, upgrade my lifestyle, or I could take that money and I could invest in myself. And when I weighed my two options with it,
    I realized that what would get me further in my life is takin’ that money to invest
    in myself. So when I was in that situation, I invested
    in a coach. I invested in the 100 Day Challenge program. That’s the first time I ever did that, when
    I was in that financial situation. I remember I invested in going to a seminar
    in New York. And I had to fly all the way there and I had
    to find a roommate to stay with at the hotel in order to go to a seminar, because I realized
    that my life was not gonna change unless I was willing to invest in myself and do things
    differently that what I was doin’ before. Because what I was doin’ before was not workin’
    for me. I had to make changes in what I was doin’
    with my money. And I believed that investing in myself, then
    it would help me get to a position where I would be able to create more financial wealth,
    more financial abundance, I’ll be able to grow a business, be able to make more money,
    be able to get more promotions in a job if I wanted to or be able to get a higher-paying
    job. I recognized the importance of this. Now, lookin’ back, you know, a lot of people
    would say that’s crazy. You know, here’s Stefan, you’re broke, you’re
    struggling, you have this money, you could, you know, get out on your feet, you know,
    go and live in your own place, but you decided to take that money and invest in yourself
    instead. That was the mindset shift that changed everything
    for me, guys, when I was willin’ to do that. And what I found is I actually got so much
    value out of doin’ that because when I invested money in myself, I didn’t have a lot of money
    to invest. You know, I just barely scraped by. I had to be resourceful to be able to find
    a way to get that money to invest in myself. But what I found is when I invested in the
    training or the seminar or whatever that was, I got so much more value than anyone else,
    because it took me so much, that money that I invested was so valuable to me that I got
    really good results because I took it seriously. Now, often they say the more that you pay,
    the more that you pay attention. So I took my training, my education even more
    seriously. I applied everything that they said at the
    seminar or through the course. I went back through it again and again. I took a million notes in my journals, which
    I still have to this day. And I cherish those times because I just appreciate
    it so much ’cause it took me so much to do that that I just got so much more value because
    of it. So invest in yourself. And I’ll give you guys another key. I’m just gonna give you guys this and I’ll
    break it down. It’s to create wealth. You gotta now create a new vehicle for not
    just makin’ money but really what it is is a vehicle for financial freedom. For financial abundance, guys, because this
    vehicle right here might not get you there, you know? A job isn’t gonna create you freedom. You know, ’cause you’re trading your time
    for money, in that case. And so now you’re in a position where you
    can really look at creating wealth, you can look at an online business, you can look at,
    you know, investing in an online business and trainings, and really takin’ it seriously,
    and really build it up to where you want it to go, to create passive income for yourself
    and a certain lifestyle. Or you can take that and maybe creating wealth
    through learning how to invest in stocks or real estate or some other vehicle like that
    that again, has the potential to create financial freedom, passive income, financial abundance. So that’s really what you need to be able
    to focus on in order to get to where you wanna go. And when you’re creating this, what happens
    is now you’ve built the habits of managing your money, ‘kay, so now you know how to manage
    and you know what to do with this new wealth that you’re now creating here. But also, more importantly, because you’ve
    already been through this, you’ve struggled financially, then I know for myself, what
    I did is I made a decision that I’ll never again be in that position again. And I actually let the pain of where I was
    before to motivate myself to really change and make sure that I made smart decisions
    with my money, I invested it in the right things, things that would bring me more opportunity,
    more potential, more freedom, more of what I want in my life. More assets than liabilities. And that was a key thing for me is I actually
    believe that struggling financially, being in debt, the situation that I was in was actually
    a blessing. And if you’re in that situation now, you might
    not be able to see that just yet, but once you get out of it you’ll realize that it was. ‘Cause I’m so grateful for those times that
    I went, the years that I spent struggling financially because it really taught me how
    to manage money, it taught me how to be resourceful, it taught me how to be strong, it taught me
    now to be attached to materialistic things. It taught me to still be able to, you know,
    to create drive and hunger and be motivated and do what it takes to really change the
    situation that I was in. It also taught me how to add value, because
    often people struggle ’cause they’re only focused on themselves. But in order to really create wealth, you’ve
    gotta be able to find ways to add value. Because you’re only gonna get paid based on
    the contributions that you make. You know, if you’re workin’ for a businesses,
    you’re getting paid for the value that you’re providing to that business. If you’re selling a product or a service,
    you’re only gettin’ paid based on the value that your product or service provides. So you have to shift your mindset to be a
    giver, to add value, to create value and become more valuable, ’cause the more that you do
    that, the more wealth and more financial abundance you’re gonna create in your life. So this is, again, where you really wanna
    focus on building a business, you know? This is where, you know, a lot of people,
    for example, they come to me, “Stefan, I can’t afford to start a business, I can’t afford
    this course or this training that you might have”. Well, then you gotta start here and you gotta
    start here, and then when you’re here and you’re ready to take some of this money from
    your education and some of this money, now you’re ready for a course. Now you’re ready to build your business. Now you’re ready to really create that wealth
    and be able to do it the right way and fast-track it, accelerate it and get to where you wanna
    go. And oftentimes, you wanna do this while you
    still have a job. You don’t just wanna quit your job and then
    start a business, right? You start your business on the side, and you
    build it up to a point where it’s making you a positive cashflow and profit, in which case
    that you can then depend that your business will then support you. And then you can quit your job and work at
    this full-time. Because now this is dependable for you, it’s
    a reliable stream of income that you can then depend upon. And that’s what I did for myself. That’s what most people that I know have done,
    as well. And I think this is really the plan to change
    your financial situation for the better, to get to where you wanna go. And of course, investing in yourself might
    be reading books, goin’ to seminars, learning about finances, about money. You know, I’ve shared a lot of videos and
    stuff on my channel that can also help you with your mindset around this, but, you know,
    find books, find coaches, find courses and training programs and resources that can really
    help you get to where you wanna go. You know, that’s the key. You know, to this day, I’m still investing
    more money than I’ve ever invested in my life into my own education, into my own future,
    ’cause I believe in this. This is what’s gotten me where I’m at today. Why would I stop investing in myself? Why would I stop hiring coaches? I do that even more than ever before, ’cause
    I wanna continue to grow, and I wanna be able to continue to learn and become more valuable
    so that I have more value to provide. And I hope by doing that, by adding more value,
    the more money that I’ll make in the process, too. So this video has been fairly long, but I
    wanted to go more in depth, I wanted to share the mindset and the strategies that the steps
    that I took and that I would take if was startin’ over again. And it can hopefully help ensure that you
    get yourself back on your feet financially. And you know, you’re gonna have to, again,
    make that sacrifice here, but once you get here, you know, and you get that point, it’s
    a small price to pay because you’re gonna be able to live the rest of your life free. You’re gonna be able to live the rest of your
    life financially abundant, and you’re really not gonna have to worry much about money again. So if you have to go through this phase for
    a few years, it’s worth it. You know? You gotta, again, think long-term in your
    decision-making. And it might suck for a year or two years
    or three years, but, you know, once you get yourself out of that situation, now you’re
    on the fast track. And the fast track, the fast lane is what’s
    gonna, you know, it’s amazing how much your life will change once you’re there. So understand that you’re gonna have to go
    through this, and this is the path that’s gonna help you lead to where you wanna go. So listen, I wanna thank you so much for watchin’
    this video. Hopefully you enjoyed it. My Life Mastery Accelerator program goes more
    into finances and also investing money, too, if you wanna learn more in-depth strategies
    for that. But I wanna thank you. I wish you the best of luck. I believe in you. I know for a fact that you can change your
    financial situation, you just gotta have the right mindset, the right attitude about goin’
    about it. You’re in the right place. Just follow this plan, guys, to get out of
    the situation that you’re in and to get to where you wanna be. Thank you so much. Make sure to subscribe for more videos. Like this video, leave a comment, and I’ll
    talk to you guys again, soon. Take care.