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How To Pay Off Debt & Save a Deposit

One of the hardest things as an investor is paying off debt and saving your deposit. When you don’t already have those income generating assets it can be a really difficult process to do.

But there are some tips that can help you along that journey.

0:00 – Introduction
1:30 – Simon’s Saving Story
4:25 – #1: Get Realistic With Your Situation and Set Goals
5:27 – #2: Pay Yourself First
7:32 – #3: Reduce Expenses or Keep Them Low
10:50 – #4: Make It a Habit
13:33 – #5: Increase Your Income
16:50 – #6: Delay Gratification
17:47 – *2 Years Ago*
21:45 – #7: You Have To Sacrifice
24:10 – It Gets Easier As Time Goes On

Recommended Videos:

Buying Our First Property: Our Current Plans – https://www.youtube.com/watch?v=03QNAjhS8A0

The 15 Minute Budget – https://www.youtube.com/watch?v=I8x-_Fzcu3k

http://onproperty.com.au/846 – Visit the site for a full transcription and downloadable audio version of this video.

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