EBS 23: Save for a Deposit ASAP | Why This Holds You Back

Episode 23 challenges the common advice to simply save for a property deposit. Instead, we argue that while disciplined saving matters, leaving money in the bank can slow progress and delay entry into the market. The episode explores a more active path by building capital through share investing first, then using that time to learn how property works, how leverage changes outcomes, and how to spot the marketing traps that catch new investors before they buy their first property. We also compare shares and property as wealth building tools, looking at leverage, control, risk, liquidity and the reality of long term returns. The takeaway is simple. Do not just save for a deposit. Build your cash flow, invest with purpose, and use the journey to develop the knowledge and discipline that will put you in a stronger position when it is time to buy property.   Episode Highlights: 00:00 - Introduction 00:32 - Step 1: Control your cashflow 00:53 - Step 2: Learn share investing before property 02:23 - Step 3: Learn property while you wait 08:14 - Leverage changes outcomes 10:55 - Control is the advantage 13:31 - Beating the benchmark 17:13 - Risk looks different 19:13 - Barriers to entry 20:29 - The ROI reality 27:24 - Damien’s rules 29:46 - Conclusion =============================================================   Got questions or feedback? Email us: PODCAST (AT) SUBURBDATA.COM.AU   =============================================================   Viewer Favourites 👉 Q&A with Jeremy Sheppard: Entering/Exiting Markets, Buyers Agents, Suburb Selection and More - https://youtu.be/nrxq5l2MIuw 👉 How to Analyse a Property Market - https://youtu.be/TMgvL07LzXs 👉 DSR Success Rate - https://youtu.be/tSBtiD1BLqo 👉 Demand to Supply Ratio Tutorials - https://www.youtube.com/playlist?list=PLWD8h9iMOyGi7zCG37dRhAxXows2SZw7-   =============================================================   DISCLAIMER: Please be aware that the content presented in this video is for general informational purposes only and does not constitute financial advice.   • The information provided is not tailored to your individual circumstances, and we do not consider your specific financial situation. • It is strongly recommended to consult with a qualified financial advisor or professional before making any financial decisions based on the content of this video, as we have neither offered nor provided legal, financial, or taxation advice to the Listener, Reader, or Viewer. • We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and are not authorised to provide financial services. • Any actions taken by viewers based on the information in this video are at their own risk.