Luxury shopping has become a lifestyle especially in younger generation and there is no balance or moderation...and social media, peer pressure (flexing) & celebrities are to blame for this influence. My first cousins are an example of this...living at home w/ mom & dad, no retirement savings, broke all the time, traveling 2-3x a year, partying and trying to keep up w/ trends & social media. I am glad to come around channels like this that are educational and help me understand about materialism & spending habits.
@ColourfulNoir
2 жыл бұрын
Thank you for sharing! I think financial literacy should really be incorporated into our school education xx
@annenoir9409
2 жыл бұрын
I bought an old house in the summer. Since then I can't help but compare how much boredom shopping I did. Now it's just about house improvements which I'm very happy about
@pxl4689
2 жыл бұрын
You hit the jackpot when you pointed out boredom shopping and a void within us that spurred us into compulsive shopping! It is so true and it describes me to a T. I never appreciated having savings in my account and would always be thinking what I can buy with it. Recently I had a few health issues which I needed to attend to ASAP and the savings I had which I never appreciated came in handy! Never assume we are always fit and healthy and medical costs will never be incurred. As we grow older more n more medical conditions will surface and medical bills are costly!
@ColourfulNoir
2 жыл бұрын
Being financially secure is definitely more worth it than any luxury bags xx
@ellenak996
2 жыл бұрын
i cried when you said about childhood and those things we want to buy like a prize to pet ourselves for the achievements 👍🏻❤
@morninghippo
2 жыл бұрын
Your channel is so rare, down-to-earth and relatable. Keep it up! Best wishes from Australia.
@ColourfulNoir
2 жыл бұрын
That means a lot, thank you xx
@sunnyta619
2 жыл бұрын
I survived a terrorist attack in 1995 and i began shopping like mad about a year later to validate my existence and to escape survivors guilt. It was very bad for years. Although i still had my job and my other outlets, at the time i felt the only way to hang on was to buy a whole new wardrobe to better myself. And this was way before social media! I was obsessed with a local boutique and coach/dooney/brahmin bags.
@deborahcurtis1385
2 жыл бұрын
Don't be too hard on yourself, you've been through such a lot! Wonderful you are out the other side now and have a different perspective. 😀
@lifewellloved0204
2 жыл бұрын
Am I the only one not buying lux to impress others but rather just because I personally enjoy them? Even if I am the only one to see them.
@beautymaven3952
2 жыл бұрын
You’re so honest, a breath of fresh air. Great that you came to your realization in this lifetime. This is what I always say even if it’s a tad bit late, at least I lived and learned - so never too late 👌
@ColourfulNoir
2 жыл бұрын
Thank you xx
@tippytoe1250
2 жыл бұрын
I use to shop because of boredom also. Im a SAHM and when kids are in school I have a lot of down time. I’ve learned to occupy my time with other things now that doesn’t cost much or anything at all.
@sabrinag3357
2 жыл бұрын
Yes. I’m going through this right now while my son is in school.
@ColourfulNoir
2 жыл бұрын
Thank you for sharing xx
@xmochix604
2 жыл бұрын
@@sabrinag3357 my child is grown and I’m still at home. Learning to cook new meals, going window shopping to get our and exercise a bit, going to Starbucks with book or laptop to browse, read, cheap hobbies, are some ways I spend my time. I even took college classes to stimulate my mind. I go out with friends but they’re all crazy spenders and I’m a saver 🤣
@sabrinag3357
2 жыл бұрын
@@xmochix604 That’s great that you took some college classes! I should look into that. My hobbies include the same things that you mentioned too like exercising, going to Starbucks, and window shopping.
@lovefashionyo
2 жыл бұрын
Right, online window shopping. When in reality I live in gym clothes lol
@petiteluxenoir5741
2 жыл бұрын
Good advice Eileen. Luxury spending is discretionary. Life is short and I enjoy purchasing luxury as treats but it’s always important to keep luxury spending within one’s means.
@ColourfulNoir
2 жыл бұрын
Love that! xx
@lolipena8051
2 жыл бұрын
Very relatable. I’m the one to quickly justify anything as a reward. Treat myself for working so hard. Rewarding myself for all that I’ve accomplished and just how far I’ve come. Im glad though that I’ve noticed it’s a bad habit and been doing better about it.
@ColourfulNoir
2 жыл бұрын
I think reading a good book (uninterrupted) is one of the best rewards I get give myself xx
@xmochix604
2 жыл бұрын
I’m often asked why I don’t work since I stay home full-time, even if I don’t need the money. Why would I work just to add more money into the bank account? That’s the same with, why don’t you reward yourself? How many times will we continue to keep rewarding ourselves? Saving money, being financially wise is rewarding.
@ColourfulNoir
2 жыл бұрын
Thank you for sharing! It's lovely you set your priorities and choose family time over things xx
@sereneng1253
2 жыл бұрын
Totally relatable, Eileen, especially the reason to reward ourselves. Someone once asked me why I am not rewarding myself if the reason for working hard is to have a better life. I guess what’s key is balance & moderation.
@ColourfulNoir
2 жыл бұрын
Balance is definitely the key-- it's ok to have some fun but not at the cost of our financial security xx
@deborahcurtis1385
2 жыл бұрын
@@ColourfulNoir I totally relate to the hand-me-downs thing. It's been a big part of validation for me, and having fun. That said however I always did things to keep my spending under control, like compulsory savings into a different bank account. Also I never buy anything that I have already in my wardrobe that is similar. Also I go through a thing of asking what will this go with? Making lists to co-ordinate existing items to find the missing thing etc.. Changing buttons or altering the clothes to update them and make them last. Buying the best I can afford in neutrals etc. Sometimes I would buy on impulse but not often. But sometimes in sales I would throw out the rule book. Then I realised I need to just bite the bullet sometimes and buy outright the full price as there's no point having sale items if they don't go with anything. But mainly I have kept it under control. What has set me off has been the 16 month hard lockdown here in Melbourne Australia. I was bored and lonely. So I'm not punishing myself for having bought vintage bags in lockdown and studying luxury bags, and how to identify fakes etc. While I think I've mostly kept my impulses under control, now is the time for a review and make sure I can justify any purchases. I have stopped buying fast fashion, but was never really into it in the first place. Very very few items and they didn't wear well at all. An ethical and moral waste that' a far bigger concern than buying vintage handbags. I do like being well turned out, I'm tall and therefore a bit self-conscious if I am not well-dressed. Not over the top, but I find I just look horrible if I don't find my happy medium. Having vintage bags has rounded out my low cost clothes collection and I don't regret anything except maybe buying a black vintage Tom Ford era Gucci hobo bag that's a bit small. I simply haven't worn it. So I bought a Celine t shirt to go with it in spring/summer. And I have a LV Alma monogram and don't wear it much. I'n not really a logo person. but I did have a bit of a fall with the Celine t shirt. In my defence it's a FAKE! I just cannot justify the $560AUD and want to try out the fake. Madness I know...was I bored? Yes. Probably. I've got a foot half in and half out of the luxury world. I do love quality. And longevity. And I deliberately bought a fake! This is not me, it's a one off. Bored again, probably! Life hasn't returned to normal yet and maybe never will. We all need to change and thanks for the timely reminder of how to approach this sensitive and difficult topic with finesse!
@tattyuki5498
2 жыл бұрын
Everything you said Eileen, is true about me. I grew up in poor Ukraine, and been trying to compensate by collecting luxury things for the past 10+ years. It’s been really hard to reduce my luxury shopping.
@ColourfulNoir
2 жыл бұрын
I hope you find the joy of wanting less soon, it's truly liberating xx
@tattyuki5498
2 жыл бұрын
@@ColourfulNoir thank you Eileen!
@Wendys_lovinglife
2 жыл бұрын
This is a FANTASTIC video! Full of wisdom and compassion. This video should be mandatory viewing for all luxury lovers.
@ColourfulNoir
2 жыл бұрын
That's so kind of you, thank you, Wendy xx
@koh5716
2 жыл бұрын
You need to write a book!!! Thank you so much
@ColourfulNoir
2 жыл бұрын
You're too kind, thank you xx
@SarahSmith-ts9op
2 жыл бұрын
So many people on Instagram buy luxury items for likes! I agree with the desire for validation. Even the silliest item like an Hermes nail polish is a huge unboxing in social media.
@zylbygdfn6542
2 жыл бұрын
Thank you Eileen. Im guilty of everything you said. Im watching your videos to try to help myself cut down on the shopping ive been doing.
@ColourfulNoir
2 жыл бұрын
I'm glad my videos are helpful xx
@anas.6870
2 жыл бұрын
Good luck! Eileen's videos helped me a bit, a lot of things came together, and her videos were just an additional push for me to look at my spending in a fresh way.
@bellewong4127
2 жыл бұрын
Good analysis Eileen! I always think that luxury items are just the ‘wants’ and we are totally fine to live without it.
@ColourfulNoir
2 жыл бұрын
Love that! Luxury is lovely once in a while but when it turns into a routine, that's when it might start to lose it's glory xx
@RockHudrock
2 жыл бұрын
You’re so self-aware, humble and purely honest - lots of wisdom as a consequence. 🙏🏼💙✝️
@ColourfulNoir
2 жыл бұрын
You're too kind, thank you xx
@ahnee4256
2 жыл бұрын
New video! Me: Like then watch.
@ColourfulNoir
2 жыл бұрын
That's so sweet, thank you xx
@aaliaraana6188
2 жыл бұрын
Help less fortunate ppl is the most important thing you did not mention
@lustiQue
2 жыл бұрын
This is definitely a problem of mine, shopping to fill a void, a way to reward myself, boredom shopping, etc. :(
@nmernst
2 жыл бұрын
Great video as usual. I suffered from stress shopping and a bit boredom shopping too. Once clarity about saving and investing sets in though, it's hard to go back. I did buy several things recently to update my wardrobe, but the money was there :). Thanks so much for sharing.
@ColourfulNoir
2 жыл бұрын
Thank you for sharing, Nicole xx
@hanisalma6966
Жыл бұрын
It’s true this is me, really need to stop this shopping habits
@ColourfulNoir
Жыл бұрын
Sending you lots of positive vibes xx
@njnn4896
2 жыл бұрын
So true... In fact I used to shop when stress and when feeling unhappy or sad just to cheer myself. But this likely to become an addiction that could snowball into credit card debts. I have cancelled all credit cards 5 years ago and only have 1 debit card for better control as well as to spend within limits. ☺️ Many of us could have learnt our lessons a hard way but it is better to have the wake up call now than later.
@ColourfulNoir
2 жыл бұрын
Better late than never! I'm glad to hear you have better self control now, it's really a liberating feeling xx
@harryginnyalways
2 жыл бұрын
I love seeing your videos pop up to remind myself to stick to healthier habits. Great advice Eileen.
@ColourfulNoir
2 жыл бұрын
Thank you for your support xx
@bazor6883
2 жыл бұрын
Thank you for your words, I am working on that right now I choose quality over quantity
@ColourfulNoir
2 жыл бұрын
100% agree! Quality over quantity xx
@patriciad6995
2 жыл бұрын
Always the voice of reason! Thank you, Eileen!
@ColourfulNoir
2 жыл бұрын
Thank you, Patricia xx
@Enchanteralle
2 жыл бұрын
I like nice things and what I've noticed is that if I don't shop as regularly, I can cut the habit. But once I start on one thing, it's so easy for me to buy/order another item thinking that I haven't shopped for a while. It's hard when there are good deals and sales around the holidays. But, I think what helps is creating a list of what I really want and/or need, so I can visualize what the budget looks like and also determine if there are some items I really don't need to buy. Otherwise, it's easy to fall into the habit of impulse buying or shopping to kill boredom. I have stress from work too and it's easy for me to use shopping as an excuse to reward myself. I think I deserve to be rewarded, but I have to watch if I'm buying one thing after another when I do end up making a purchase. Thanks for sharing!
@ColourfulNoir
2 жыл бұрын
I get what you mean seeing I used to do a lot of stress shopping too. A bit of intentionality really helps xx
@GardenbySerendipity
Жыл бұрын
THANK YOU for speaking your truth and putting life in perspective. Great content in this video.
@egarncarz804
2 жыл бұрын
100 I agree with you. I spent spent spent until I realised I am never satisfied. I don't care anymore for shopping. I can say no. I feel much better.
@ColourfulNoir
2 жыл бұрын
It's a liberating feeling xx
@egarncarz804
2 жыл бұрын
@@ColourfulNoir I was feeling like prisoner for many years.
@KateKay28
2 жыл бұрын
@@egarncarz804 Still working on that. At least having moments of feeling the liberation of saying no and saving but the pull of spending (and overspending) is still strong. Hoping to string together more of those moments of saving by doing more better behaviors by unfollowing tempting people, staying away from shops, etc.
@deborahcurtis1385
2 жыл бұрын
Elegance is refusal: Diana Vreeland. She dressed for personal style. Certainly not a fad shopper.
@vosdiligunt
2 жыл бұрын
Because everyone is comparing and competing and judging..... everyone wants followers, attention and they want to be seen..... not only in media but by the people you're around with... they think owning luxury gives them the respect and power they deserve... they are not happy people.... and it's toxic.. stay away from toxic people and toxic media!
@deborahcurtis1385
2 жыл бұрын
Yes I was developing a friendship with someone who has an addiction to buying designer bags. But inside I know she feels empty. she was dominating me and I had to cut out as I don't want to tell her what I really think about her collection. She spent $20k on bags just this year. But never goes anywhere to wear them. Another friend compulsively buys party dresses even though she never attends them. This is also sad but I haven't criticised her for it. She's had a lot on her plate. I try to insult myself from their judgements of me, however. It's not easy.
@michelletan2092
2 жыл бұрын
Thank you for making this video. I can't agree more with you about what you said in the video. Many years ago, a colleague dragged me to a high end jeweller and she ended up purchasing a 1.65 carat solitaire diamond ring that cost SGD28,000. For the next 1 week I saw her wearing the ring to the office. And then after that I don't see it anymore. When I asked her why, she said she had kept it in her safe. When I probed further, she told me as a secretary, to be wearing such a big diamond ring, people might think she is a kept woman. I can't help but think at that time why then did she buy the ring in the first place? Perhaps it's one of those reasons you mentioned in your video.
@ColourfulNoir
2 жыл бұрын
It's really a shame to spend so much of something just for it to sit in a safe (which by the way needs paying for too) xx
@deborahcurtis1385
2 жыл бұрын
@@ColourfulNoir Sometimes money is a substitute for love. What she really wanted was the emotion associated with being gifted such a ring, but as she hadn't been gifted it, she bought it for herself. She's now embarrassed, probably because people assumed she was engaged, or if wearing the ring on the right hand not the left, they indeed made assumptions and told her about them!. This is a sad story.
@pritinicatm5875
2 жыл бұрын
I actually get everything you say.. And now moving towards the future of my kids, and saving money for them so when they turn 18 my husband and I can already give them the down payment for a house, or maybe a small business.
@ColourfulNoir
2 жыл бұрын
I hear you! I see so much value in investing in education and actual investment for our younger ones xx
@denisebarbacena9795
2 жыл бұрын
Nothing but facts :) I believe all reasons are valid and you just have to find the balance in everything. Enjoy your money without sacrificing your financial security. I couldn't agree more with digging deep down why you shop and work from there :)
@katherinekim4303
2 жыл бұрын
I really appreciate your thought process
@susanngin3481
2 жыл бұрын
Well said....I hv bn watching some influencers talking n showing their newly bght exp bags. At times I wondered why they bght so many branded bags even thgh they can afford. It makes me think hw can they used many bags at a go....even changing bag can be hectic too......hv enugh to use, enugh to eat...tats it.....less thing less stress.....need to let go is also a lesson to learn....tks for sharing....
@Lifeisbeautiful-ri2tb
2 жыл бұрын
Thank you for the great advice. I used to go to malls a lot but this past year has changed my habits. I still have a wishlist and there are items I want to save up for but I am in no rush. Sometimes things fall off my wishlist over time too. I want to save for travel too. I feel like I get influenced less because the things I like are not popular with influencers for the most part. My goal is just have a few quality items I love. I am not a collector. ♥️
@ColourfulNoir
2 жыл бұрын
It's always worth it to save for travelling xx
@user-hb8re4sy6s
Жыл бұрын
Dupes resemble an item in structure and the material without using any identifying initials, insignias, etc. I agree that buying a dupe is a great way to determine if you want to invest in the real deal or having the dupe satisfies the desire. I started out buying imitation LV and other designer items when I flew international as a flight attendant #hidups. I eventually started buying authentic designer bags once I could afford them but was very selective what I chose to invest in. What I have discovered about investing in high priced luxury items is that it's a phase. You still love them but your priorities change. It's like an itch you felt the need to scratch and then you move on to something else. But it's sure fun while you're acquiring them lol.
@stephaniemyrealtor8141
2 жыл бұрын
Great video there’s also a link to compulsive shopping and untreated MH, if it’s causing you to be in financial distress, doesn’t hurt to explore MH services.
@luciec8452
2 жыл бұрын
So relatable ! I just love how you explain everything without judgement. I’ve been following your channel for a while now and you inspire me to embrace minimalism and be more mindful of what leads my purchases : do I need the item? Do I like the item? Does it suit my lifestyle? Do I feel the urge of buying it because everyone’s showcasing it on social media? Thanks for sharing such quality content ☺️
@ColourfulNoir
2 жыл бұрын
Thank you so much!! It really means a lot xx
@virginiafrye4956
2 жыл бұрын
FENDI means FUN FIRST
@chric2830
2 жыл бұрын
Thank you. Recently Ive come to this realization and this helps to confirm.
@ColourfulNoir
2 жыл бұрын
Welcome to the path of wanting less, you'll never look back xx
@SeanKBeauty
2 жыл бұрын
We love you and your transparency… I can’t say that I ever fell into any of these traps just because I was taught early on about the value of money from my dad because we had humble beginnings and so each dollar I spend I have to ask myself am I going to use it on my going to keep it and if I do decide to sell it will it have value and so I’m very careful about how I go about doing those things… But this was a really great video Eileen
@ColourfulNoir
2 жыл бұрын
Thank you for your kind words! xx
@julias844
2 жыл бұрын
If I could only give double likes 😍
@ColourfulNoir
2 жыл бұрын
You're too sweet, thank you xx
@annalin9590
2 жыл бұрын
Thank you for sharing. It gave me something to think about. It’s actually very wise and deep. Thank you for your message :)
@ColourfulNoir
2 жыл бұрын
Thank you for your support, Anna xx
@noodlemaiden7619
2 жыл бұрын
One of your best videos Eileen :)
@ColourfulNoir
2 жыл бұрын
That's really encouraging, thank you! xx
@yummylife8984
2 жыл бұрын
Your videos like a shining star in Black whole KZitem luxury videos :)
@ColourfulNoir
2 жыл бұрын
Thank you so much xx
@donnahassan8888
2 жыл бұрын
Very good advice!
@opalbeach9626
2 жыл бұрын
Thanks for sharing Eileen. 6 years ago I had an addiction to buying stocks, as soon as my pay check hit my account I would buy stocks. I cannot buy now because of the company I work for. But looking back it was not a bad addiction. My new addiction is buying expensive perfumes.
@giainto5564
2 жыл бұрын
That’s actually a good thing, as long as you were buying mostly stocks with solid fundamentals instead of high risk stocks. I wish I had the same motivation and bought more stocks.
@opalbeach9626
2 жыл бұрын
@@giainto5564 yes, solid companies. I work in the financial industry for 30 years, so I know that to look for in a company. It's never to late to start. But a downturn is the best time to buy.
@ColourfulNoir
2 жыл бұрын
Thanks for sharing!! I agree, buying assets can sometimes get as addictive as shopping xx
@pattychats2370
2 жыл бұрын
Thanks for the great video~
@ColourfulNoir
2 жыл бұрын
Glad you enjoyed it! xx
@patrice7p
2 жыл бұрын
Eileen, you are such an inspiration… love your videos. I would like you to share more of your idea of financial freedom and making your money work for you. This might be more interesting than shopping 😁
@donnahassan8888
2 жыл бұрын
Excellent advice!
@ColourfulNoir
2 жыл бұрын
Thank you, Donna xx
@minipleasures96
2 жыл бұрын
my focus in life now since covid is to spend more time with my family, build memories and travel more! ❤️
@ColourfulNoir
2 жыл бұрын
Same here! I can totally relate xx
@mindbodysoul8214
2 жыл бұрын
Oh yes Eileen. I don't know why I use to shop but I sure wish I'd not. I've done so much better since finding the luxury community. I am more interested in quality over quantity. Besides, I get a fix, watching others shop. And since having a more neutral wardrobe I certainly don't feel the need to shop for clothing as much anymore. I'm now thinking...why I use to shop so much? Great video Eileen. Have a wonderful week.🏵🌾🏵
@ColourfulNoir
2 жыл бұрын
Thank you for always showing up here xx
@cindytan4028
2 жыл бұрын
Thank you Eileen for this video!
@ColourfulNoir
2 жыл бұрын
Thank you so much xx
@mimmilofstrand
2 жыл бұрын
Love your videos! ❤️
@ColourfulNoir
2 жыл бұрын
Thank you!!xx
@anneliberntsson3023
2 жыл бұрын
Great work as always! I would just like to share a wonderful book I've read: "A Gentleman in Moscow". It is not "loud" or very eventful on the surface but the story is amazing and it shows a perspective on life that holds many lessons. Do you have a favourite book? ❤
@fionalow1134
2 жыл бұрын
Mentioning only the brand Chanel is not really fair, I've heard of many lady save up all their savings , max out their credit cards just to own Hermes. Mainly due to social pressure.
@wildtruffle418
2 жыл бұрын
At what point can we consider ourselves a maximalist shopper? Abouy how many handbags, shoes etc? I plan to have about 5-6 luxury designer handbags (hermes, chanel, dior) and that's it for example
@jucaja
2 жыл бұрын
This is so true! Another good video! Thank you!
@ColourfulNoir
2 жыл бұрын
Thank you xx
@RC_17
2 жыл бұрын
Loved this video💕
@ColourfulNoir
2 жыл бұрын
Thank you!! xx
@itslunamaria5557
2 жыл бұрын
Thank you :)
@ColourfulNoir
2 жыл бұрын
🧚♀️ Thank you for your support xx
@premeyumlife443
2 жыл бұрын
I agree with ur points my lady. 🙏🏼❤️😘😘😘Sandy
@DaniOchannel
2 жыл бұрын
I think the key thing is if we wanna do anything about it. Guilty🙋♀️
@ColourfulNoir
2 жыл бұрын
Thank you for dropping by, Dani xx
@sheaubinchua9508
2 жыл бұрын
Spending on experiencing eg learning something new or travelling is more worth while 😊
@ColourfulNoir
2 жыл бұрын
Definitely! xx
@Vivi-tf3jl
2 жыл бұрын
Sometimes I shop weird things, thinking it would save me time 🙈
@ColourfulNoir
2 жыл бұрын
That sounds interesting, what do you shop for usually? xx
@Vivi-tf3jl
2 жыл бұрын
@@ColourfulNoir I bought an oven with steam function which you can activate with wlan 🙈 I also buy things like Thermomix or electric veggie cutter 😅😂 The cutter doesn‘t safe time because it‘s hard to clean it! I also have a toaster which can be connected to wlan and I‘ve never used it 🙈 Or fir example I have a washing mashine which also doubles as a dryer but for me I realized that it is less time consuming to have these two products separate.
@Seemstobereal
2 жыл бұрын
Good video
@jill5215
2 жыл бұрын
As s newbie in luxury shopping, I guest we buy less now?? Luxury now is everywhere, even if its fake or real one ? Its ordinary now a day ,and every year they have new release like a smartphone , even the chanel classic, its not classic anymore its just a hype in this generation in my opinion..
@ColourfulNoir
2 жыл бұрын
Luxury shopping definitely feels like fast fashion in a way now xx
@dailydaily5243
2 жыл бұрын
❤️❤️❤️❤️
@nikkil764
2 жыл бұрын
I realized one day that having $5,000 in LV stock is far preferable to having a $5,000 handbag. This is the difference between being rich’ and being wealthy. Wealthy people exchange cash for assets that produce more wealth. They don’t spend money they invest it. They know that living passive income is the goal not showing off to strangers.
@ColourfulNoir
2 жыл бұрын
I agree! It's definitely better to keep investing a priority, luxury is, as the name suggests, a luxury and therefore optional xx
@JmGmail
2 жыл бұрын
We should have nice things but in America there is this more more more greedy mentality spurred by marketing informercials influencers etc…
@user-bn7cg5kz9p
2 жыл бұрын
Hi Eileen, I’m enjoying your channel but the interjection of Skill Share plugs in the middle of your videos (I’ve noticed this in two different clips so far) is rather jarring and off putting to the messages you’re trying to deliver with your content. You almost had me as a subscriber but I don’t think I will until I figure out what to expect with your channel going forward.
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