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

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  • Опубликовано: 17 ноя 2024

Комментарии • 647

  • @clairechang3124
    @clairechang3124 4 года назад +324

    55% necessities
    10% Long-term saving
    10% Financial Freedom
    10% Education
    10% Fun
    5% Give
    Be willing to make the sacrifice.
    Create wealth.

  • @radhikadeo8412
    @radhikadeo8412 5 лет назад +109

    I started watching life changing videos when i was pregnant all about health fitness and money.. And finally i realized i could live a different life that i was living such as paying off the mortgage ealry saving and investing to a point that i wouldnt have to work any more. I started saving 3 months before my mat leave started and my daughter is now 5 months old i have saved 17000 in the saving always have a minimun balance 3000 in the chequing 2000 in an emergency fund for like car problems and what not and 1000 in a vacation fund. Still working on it and tryna make new pockets for other things.. Planning on paying off house asap and then save for future and investments on an early retirement

  • @TheRealDealAB
    @TheRealDealAB 7 лет назад +354

    I got to the point in life where i got tired of working for a corporation after 17 years of working for the same company i couldn't take it anymore i felt as if i was committing suicide every time i clocked in to work so i quit my job and invested all my savings to start a Landscaping company i love what i do but this is my first year doing it and im having a very hard time staying at business this winter I'm considering getting a part time job just to be able to pay bills

  • @b.nicolebaskin2594
    @b.nicolebaskin2594 4 года назад +15

    Thank you so much for sharing this! I’m 25, with a house and a child and I’m the middle of trying to start a business. My boyfriend and I didn’t have anyone to teach us how to properly manage money. This is so valuable. Thank you for being willing to share these life skills. Too many people want to make you PAY for things like this. Thank you for your giving!

  • @ProjectLifeMastery
    @ProjectLifeMastery  7 лет назад +545

    Everyday I get e-mails and messages from people explaining how they're broke, struggling financially or can't afford to invest in themselves. I decided to create this video to walk you through the steps for someone to take to get themselves back on their feet financially. They should've taught money management in school! If you follow these steps, I believe you can change your financial situation, as I did for myself when I was in a similar situation.

    • @MrNz96
      @MrNz96 7 лет назад +22

      Project Life Mastery you're an inspiration Stefan thank you for the time you spend in sharing your content and tips with us, for me as someone who's coming from a place where there's no one to guide me you are of great help so i can't thank you enough for this.

    • @prockstem
      @prockstem 7 лет назад +11

      Very motivational. Thank you.

    • @LisaCapron
      @LisaCapron 7 лет назад +33

      I've struggled most of my adult life due to bad advice from people I trusted. Work my butt off as a nurse but the student loans take forever to pay off. On the plus side, things I've worked hard to learn after making those mistakes have at least taught my kids better basic skills... my oldest son will graduate from college with almost no debt whatsoever and his emergency fund has an emergency fund. Not bad for a 21 year old! And my next oldest boy is following in those footsteps.

    • @ProSimples
      @ProSimples 7 лет назад +6

      Project Life Mastery a Brazilian following from Ireland. Lovely content, god bless.

    • @nadine7327
      @nadine7327 7 лет назад +3

      Thank you soo much for this vedeo.

  • @crystaldiamond3256
    @crystaldiamond3256 4 года назад +21

    This is the kind of information they need to teach in school it would benefit a lot of students, along with buying a house, purchasing a car and other life changing things. Thank you for the video

  • @sarahmoore4962
    @sarahmoore4962 7 лет назад +583

    I appreciate this video. My parents didn't teach me money management. I do blame myself because I made wrong choices. I appreciate you teaching this nugget. Your helping me so much

  • @rabiesmuffin
    @rabiesmuffin 4 года назад +29

    This made me feel so much better I was having a internal meltdown over not feeling enough in my life. I’m about to have a second job just need to grind harder. Make many more sacrifices. This is a great video for making me feel way more normal.

  • @curstinw6420
    @curstinw6420 4 года назад +28

    watching this b/c my parents are really bad at money management and while i love them very much i don’t wanna make the same mistakes as them, i’m 20 with no debt or student loans and i don’t wanna mess anything up but only make a better financial situation for myself

  • @Fisthorn77
    @Fisthorn77 5 лет назад +12

    Admitting I'm at fault for the current financial situation that I'm in is nerve-wrecking yet empowering. Thank you for this beneficial advice!

  • @shnoopio
    @shnoopio 4 года назад +17

    This video literally changed my life. Then again COVID-19 literally changed my life again. However, if I hadn't started implementing the tips & suggestions presented in this video back in July last year, I'm pretty sure everything would have been 10 times worse right now. Thank you, Stefan. You and your uploads are the definitions of value.

  • @ancantiladodecaminante623
    @ancantiladodecaminante623 7 лет назад +111

    I always act positive and start each day with renewed vigor. But, sometimes it is hard to get over the guilt of me making bad decisions in my life! You are truly very inspiring to me..Support is indispensable!

  • @martelldave7169
    @martelldave7169 7 лет назад +324

    1. Get a job
    2. Track
    3.budget

  • @LAConfidential1
    @LAConfidential1 5 лет назад +19

    This video has changed my life. Best 40 minutes I have EVER spent

  • @turtlesage364
    @turtlesage364 6 лет назад +21

    The key to being successful to me is getting out of credit card, and car loan addiction. Like your vlog very honest and hopeful.

  • @otiselgato9571
    @otiselgato9571 4 года назад +17

    I like when he teaches to give...
    There's nothing more powerful than to give. Give and you will never struggle for money. Money will find a way towards you.

  • @FeliciaBaron
    @FeliciaBaron 6 лет назад +180

    I listen to a lot of the business saavy speakers on RUclips and by far you are definitely my favorite. You really speak from such a genuine and caring place and are so inspiring. Thank you for doing what you do ☺

  • @lord.kagiso3741
    @lord.kagiso3741 4 года назад +3

    When I get a job in not going to mess around this. I already did that and booooooyyyyyy it has been a very humbling experience.

  • @michellewaichili8837
    @michellewaichili8837 5 лет назад +3

    thank you, I’m going through a financial crisis now. I hope soon I can be out of it and see the blessings of the time I’m in right now

  • @ig6851
    @ig6851 5 лет назад +13

    I love his insight, literally sounds like a dad telling you things you gotta do to make it in life! This is REAL TALK! He's that one friend to tell you the truth and how to get your life in order lol I love it!

  • @caling98
    @caling98 7 лет назад +101

    I needed this. Thank you. I love that you didn't forget about the giving/tithing portion.

  • @josephrobinson3465
    @josephrobinson3465 7 лет назад +66

    I don't think people understand how important this video is thank you

  • @ThomasTries
    @ThomasTries 3 года назад +3

    You’re absolutely correct that giving is more about habit than amount at the start. I think it’s also about being intentional with your giving.
    You could give $1 to 500 families and not make a difference to any of them. Or you could give $500 to one family and make more of an impact. Being strategic in giving is important as well.

  • @creativelivingwithspencert9997
    @creativelivingwithspencert9997 5 лет назад +4

    Super helpful Stephan! I did my initial budget work today. I went thru what I spent my money on the last 3 months, created my buckets based on my income. I already have a job but I’m getting another one. I have 3 interviews scheduled for this week. I watched this video and your video about how t go from Broke to Rich. Honestly I’m so grateful for this content and how you delivered it. And I am amazed I never really heard it explained this way before. This is vital info people who are struggling financially need!

  • @teamgard
    @teamgard 7 лет назад +119

    Should be taught from middle school on up. Great video. Humble & motivational. Thanks so much!

  • @shotgun9922
    @shotgun9922 5 лет назад +1

    All I did to not overspend is to track my budget, really knowing where your money goes will make you "rich" in a way where you decide where your money goes.

  • @musajallow5710
    @musajallow5710 6 лет назад +91

    i love this man he is very sincere i believed .. i will one day join his kindle publishing empire..

    • @ProjectLifeMastery
      @ProjectLifeMastery  6 лет назад +9

      You can do it Musa!
      Here is another video you will love: ruclips.net/video/hQ4E4FwWPoo/видео.html

  • @hermanshiimi1318
    @hermanshiimi1318 5 лет назад +6

    Thanks alot Man.I'm a 20 year old and still in college and I've been really having financial problems and have lots of rent payment issues, I've watched your video and hopefully some day im gonna improve my financial problems using your steps. Thanks alot once again You really opened up my mind

  • @Bodana63
    @Bodana63 5 лет назад +3

    Love that you never forgot where you were, that those concepts keep operating even now. 🔑

  • @lourdesjaimes6820
    @lourdesjaimes6820 5 лет назад +13

    So happy I just watched this. My life is about to change with the knowledge I received. Thank you!

  • @tiffanysmith7419
    @tiffanysmith7419 7 лет назад +30

    Much needed, especially the end about tough circumstances being a blessing & learning opportunity. Always get a ton of value out of your videos. Thank you!

  • @mulirofireless9397
    @mulirofireless9397 5 лет назад +19

    Well done.
    U have pulled me out of a pit of despair.
    Thank you.

  • @_CMG64
    @_CMG64 6 лет назад +68

    My lord, this video has helped me a lot in such little time! 40 min!! Thanks man, I am going to start applying these things TODAY!

    • @ProjectLifeMastery
      @ProjectLifeMastery  6 лет назад +5

      Thank you Christian!
      Here is another video you will love: ruclips.net/video/kViGyCNRyl8/видео.html

  • @snenoh
    @snenoh 7 лет назад +67

    I love your explanations. Thank you for sharing your knowledge. I have become a better person from the day I listened to your first video. I now track my income and expenses and have a budget. I am have a decision to get a job to make some money as I do my side businesses

  • @y2taner
    @y2taner 2 года назад

    this dudes the best, caring, passionate, purposeful and giving

  • @sincerelyarimichelle4255
    @sincerelyarimichelle4255 7 лет назад +130

    Wow, what an awesome way to start off my morning. A great cup of coffee and an amazing video to help me move forward. Thank you!!!

  • @maxinechivers3210
    @maxinechivers3210 4 года назад +1

    I am mortgage free, began a pension last year and am more than half way to my emergency fund. This is an excellent video. I have two children and one is disabled. My mother died and left me a third of her house. If it sells next year I will see an accountant to tell me what I should do. I fancy putting some of the money into my pension.

  • @lisainglis873
    @lisainglis873 4 года назад +1

    Watched this video June 2019 and to date I have saved my first $10,000 and I've started investing in the stock market!!!! This video changed my life!!!! Now Im teaching others to do the same ... Thanks!!

  • @SAPHYTYRA
    @SAPHYTYRA 5 лет назад +2

    Hey. Thank you for going there. Its alot of us irresponsible folks out here that need someone to guide us into responsibility. 🤷🏾‍♀️ appreciate you for steeping in. Be blessed ✌🏾❤

  • @jenicajames
    @jenicajames 7 лет назад +14

    These steps are exactly what I need right now. Thank you so much 🙏🏽

  • @erikas3659
    @erikas3659 6 лет назад +3

    Thank you so so much for taking out the time to do this video, Stefan! 🙏🏾 I am truly blessed to find your channel. May you continue to receive many more blessings!​

  • @RashawMedia
    @RashawMedia 6 лет назад +6

    Beautiful content the sacrifice is worth it peps! Good luck to everyone on growing/fixing their financial journey! Thanks for sharing this for FREE!

  • @fireinthehole2272
    @fireinthehole2272 5 лет назад +2

    Making this available to the public makes you a financial saint. Invest-amen

  • @EloisaGene
    @EloisaGene 7 лет назад +50

    I am truly blessed to find your channel. I really am. Thank you!

  • @claudiapierre8636
    @claudiapierre8636 4 года назад +2

    Thanks for this motivational video to help us to save, be kind, have fun and live our dream life. Thanks to you and Tatiana may God continue to bless both of you.

  • @ireneatenkeng9766
    @ireneatenkeng9766 5 лет назад +1

    This video is so empowering. There couldn't have been a better time to stumble upon this life changing video than now. Thanks a lot .

  • @onescity
    @onescity 5 лет назад +11

    This was some of the best financial information I ever received. Thank you, I truly appreciate it!
    I wrote down this information, and I'm going to use it to craft my life, headed into financial freedom!

  • @montezmoore1562
    @montezmoore1562 4 года назад +2

    I watched this one video two to three times a day very informative I just got a job after being out work fire 6 months took his advice and put all the blame on myself

  • @madonapascua6174
    @madonapascua6174 5 лет назад

    this is so true, i have made a lot of wrong decisions, but i learned from the past.I'm glad that i have a job and im willing to sacrifice time just to reach my goal.

  • @martelldave7169
    @martelldave7169 7 лет назад +47

    Invest in yourself

  • @jaygiant10
    @jaygiant10 4 года назад +1

    Wow, I sat and watched this entire video. I was watching videos before but I was led to this one for a reason. Thank you

  • @ashleyplease7479
    @ashleyplease7479 4 года назад

    This is the best money management set up I’ve ever seen. I wish I new this when I first started making money.

  • @tebogomashele5107
    @tebogomashele5107 7 лет назад +13

    I feel like this is talking to me! Thanks, Stefen you are really an inspiration to my life. Can we please set up a meeting or a time the day you will travel to South Africa

  • @srizmanova
    @srizmanova 4 года назад +4

    Hi Stephen. Great video, thank you. I am heading for the creating wealth stage (currently still in a job). This is a scary part of the process...I guess I need to plough through my fear and just do it. Keep succeeding!

  • @malabsida8735
    @malabsida8735 7 лет назад +17

    You are such a sweet human being. May god be with you every step of the way.

  • @tng2138
    @tng2138 5 лет назад +1

    You're so authentic and I like the way you explain and talk. Watching this video till the end was totally worth it because it's so detailed and full of information. While watching I always thought: You're a mentor or a best friend, I wished I've met in real life/earlier. Thank you for giving people free information!

  • @MsLadyLogic
    @MsLadyLogic 7 лет назад +2

    You are on of my favorite people on here that talk about finance. Thank you for giving your time and skills to help us. This is such amazing information.

  • @stephanie.talamantez9234
    @stephanie.talamantez9234 5 лет назад +2

    Thank you for the percentage breakdown. We have struggled with budgeting many times. We are sitting down tomorrow to restart this journey and I am so thankful I found this video. Now I have a guideline to follow when creating the budget.

  • @Monicaxoxo
    @Monicaxoxo 5 лет назад +2

    me realizing i have to get rid of my 2019 camaro. hurts to even type. but also feels good the financial freedom it can give me. let go to let some in.

  • @natashalarmielifestyle6983
    @natashalarmielifestyle6983 4 года назад +2

    I appreciate this video very much. truth and fact. nothing else to say except thank you and wish you all the best as well in this life we all trying to live.

  • @mutthairkhan8646
    @mutthairkhan8646 4 года назад +2

    I am struggling in my life but now i know what i have to do thanks

    • @jameselan9908
      @jameselan9908 3 года назад

      I have been making massive profits using his strategy and with the help of an expert trader (Jonny Godfrey) that also manage my portfolio and trades for me for a while before I started trading on my own.

  • @robertoortiz1922
    @robertoortiz1922 6 лет назад +7

    Thank you I really needed some guidance. Having a family and living paycheck to paycheck isn’t working. I need a change

    • @ProjectLifeMastery
      @ProjectLifeMastery  6 лет назад +1

      You can do it!
      Here is another great video you will love: ruclips.net/video/YYgRp0aj57U/видео.html

  • @josephkayconstruction4474
    @josephkayconstruction4474 7 лет назад +6

    Thank you so much. I love the positive energy, confidence in changing your situation and strategy that you presented.

  • @Derp-flash-go-duuur
    @Derp-flash-go-duuur 7 лет назад +49

    Thank you for the amazing information, this is pretty much being held by the hand and being shown how to succeed. Best youtuber, hands down.

  • @vybo
    @vybo 7 лет назад +89

    Great video. Real, practical, actionable advice. Much appreciated

  • @janemkade3488
    @janemkade3488 4 года назад +1

    Am so grateful for this, my journey of financial freedom has started
    God bless you 🙏😇😇🙏🙏

  • @yuuki140ful
    @yuuki140ful 7 лет назад +11

    amazing video! I am 20 years old and thanks to your videos I have make better decisions in my life

  • @subasharyal4301
    @subasharyal4301 6 лет назад +1

    Today from this moment! I am going to follow your formula and I hope I will be able to get financial freedom in near future. Thanks.

  • @jamiewaters3727
    @jamiewaters3727 5 лет назад +3

    Wow, this is my first time seeing your videos. I wasn’t looking for you per se , but I stopped , because of your title, and I actually listened to your whole video! I’m usually too impatient , and tend to go ADD very quickly, but you had the most relevant and informative information. Thank you for this, because I needed to hear this myself. I am a subscriber now, and I liked your video, and look forward to your other videos.😄👍🏽

  • @shana5413
    @shana5413 6 лет назад +20

    I really like how much effort you put in to help others

  • @brettprice527
    @brettprice527 6 лет назад +13

    Excellent video. Thankyou Stefan. An additional tip to implement this is to set up your savings, giving, and many of your other money allocation to be AUTOMATICALLY taken out of your paycheck or business bank account. Advice from David Bach...This takes whole "discipline" thing out of the equation.

    • @ProjectLifeMastery
      @ProjectLifeMastery  6 лет назад +1

      Appreciate it Brett!
      Here is another video I recommend: ruclips.net/video/_SavwQ-Mdjc/видео.html

  • @ilahaisayeva4738
    @ilahaisayeva4738 2 года назад +1

    Omg... Loved it so much. Thank you! Now i realize how it is important to be in a circle of right people. Great that you have youtube channel so at least can reach you from here and learn. 👏

  • @the_margrette8269
    @the_margrette8269 3 года назад

    I am grateful I found this chanel. Today marks my journey to financial stability and freedom..

    • @ProjectLifeMastery
      @ProjectLifeMastery  3 года назад

      Amazing! Congrats on that huge milestone. If you have the desire to become a millionaire, check out these 10 steps Id take to make $1,000,000 if I started over again - ruclips.net/video/ECa8xB_4cUs/видео.html

  • @joegriggsjr.6511
    @joegriggsjr.6511 5 лет назад +67

    Man that was raw truth. Thanks for keeping it real.

    • @ProjectLifeMastery
      @ProjectLifeMastery  5 лет назад +4

      Thank you Joe!
      Here's another video you will love: ruclips.net/video/deyPziYcJ5A/видео.html

  • @andreamontoya4176
    @andreamontoya4176 4 года назад +1

    You are awesome and I’m guilty of everything you have said. I’m ready to change my thinking and am in my 60s, shame on me! I do do much of what you say as best I can but most my money pays the essentials and am as frugal as I can be and don’t spend beyond my means. I’m a massage therapist and because of coronavirus I’m out of work. I need a major change!

  • @ayeyo2309
    @ayeyo2309 7 лет назад +12

    You provide so much knowledge to us and I just want to thank you. I'm so happy I came across your channel! Wishing you continued success and much abundance!

  • @villagevlog7816
    @villagevlog7816 4 года назад +2

    You are just incredible 💞....Love from Assam❣️

  • @alexaapfel1765
    @alexaapfel1765 4 года назад +2

    You're such an amazing individual. God bless you.

  • @ntsakoshabangu1449
    @ntsakoshabangu1449 Месяц назад

    This was really helpful!
    Although the thought of the inevitable concept of sacrifice is really hard, so difficult. But there's no escape. You ought to sacrifice what you got for what you want, as far as your future is concerned.

  • @aaronrobinson681
    @aaronrobinson681 7 лет назад +21

    Thank my brother I will invest in myself and use these tools

  • @titiscreations9554
    @titiscreations9554 4 года назад +2

    you are preaching all the way, truly appreciate the honesty and straight up advice.

  • @djshockafrica4330
    @djshockafrica4330 6 лет назад +3

    What a practical video, so few financial leaders do videos for people at this level of finance. You have really helped so many of us, thank you!

  • @EdmundAlynJones
    @EdmundAlynJones 6 лет назад +9

    This is some of the most practical life changing advice. You got through to my son and I. Thanks for sharing!

  • @BLCK718
    @BLCK718 3 года назад +1

    holy cow i didn't realize i watched this till the end! useful tips! thanks!

    • @ProjectLifeMastery
      @ProjectLifeMastery  3 года назад

      Glad you enjoyed it! Check out this video where I talk about how to budget your money - ruclips.net/video/VfhmzqDHM4w/видео.html

  • @gabrielradu7284
    @gabrielradu7284 5 лет назад +1

    I'm glad that I find you Stefan. I like all about you and now you have become my role model. Very good video :) I really appreciate it and thank you for all the work you're putting out there for educating other people

  • @m.n.6147
    @m.n.6147 4 года назад +2

    It was very helpful. Thank you Stephen. Hope you reach to the level of life that you really deserve and satisfied with.

  • @Happy_nessaa
    @Happy_nessaa 2 года назад

    I love how blunt you are with the key points.. This was such a great video! If somebody doesn’t leave this video motivated, there’s something wrong!

  • @JStieloSoloPhysique1987
    @JStieloSoloPhysique1987 5 лет назад +3

    The only thing that’s killin me is having kids before I was ready. Now child support is the nail in my side

  • @linichef
    @linichef 5 лет назад +3

    Wow Thank you so, so much for all this info. It is exactly what I was looking for!!

  • @SadeTulloch
    @SadeTulloch 4 года назад +1

    You are transparent and I love it. Thank you for tips.

  • @JustinSmith-eq7nt
    @JustinSmith-eq7nt 4 года назад +1

    Thanks for sharing! Awesome video!

  • @ancantiladodecaminante623
    @ancantiladodecaminante623 7 лет назад +2

    Great points on getting any kind of job..it will breed confidence moving forward! The hard part would be the thoughts of what people think of you, or the kind of success you've had in the past. I know it's not really important or relevant, but can be a roadblock at times.

  • @sarahghaya5461
    @sarahghaya5461 5 лет назад +3

    This kind of information should be taught in early University years. Amazing video, thank you!

  • @iamGinelMcLarty
    @iamGinelMcLarty 6 лет назад +5

    Amazing video once again! I’ve been following you since you had longer hair and was bouncing on your mini trampoline showing us your morning routine. That video as well as this one changed my life !🤟🏾💜 keep up the amazing videos

  • @alexfieraru6159
    @alexfieraru6159 4 года назад

    Your advice and tips changed my life. Thank you! 🙏 i followed your advice and invested time in getting clients via Upwork. Now just a few months later, i learned a HIGH income skill i am able to quit my job and have an home office. Your a true inspiration and a blessing to this world. Thank you!

  • @xavierrivas7934
    @xavierrivas7934 4 года назад

    Subscribed, liked, and left a comment. Thanks for this video 🙏

  • @rustynail_7535
    @rustynail_7535 6 лет назад +23

    My journey starts now. Thank you !

  • @MoneyWiseMOM
    @MoneyWiseMOM 4 года назад +2

    Hi this was an eye opener for me and everything that you said is so true. Its hard work but it you want it bad enough then sacrifices must be made. Loved your content you are an inspiration. Keep doing what you are doing. God bless.

  • @904ts
    @904ts 6 лет назад +8

    Awesome video. Watching video for the eigth time. Currently applying steps . Thanks a bunch