Money Mentor Podcast™

Australians have nearly $350 billion in mortgage offset accounts. But what if the account you trusted to save interest wasn't working? Alex Hyndman-Hill sits down with Graeme Holm, founder of Infinity Group, to discuss banking concerns, incorrectly linked offset accounts and a Brisbane couple who spent two years saving money without their offset working as expected. They also explore why so many Australian families struggle to reduce their mortgage, and how spending habits, budgeting and financial discipline can make a difference. Want to improve your own financial future? Our free webinar is where to start: 👉 https://bit.ly/43V2jKN

Katie has paid more than $80,000 off her home loan in just over 1 year, all on a single income. But before joining Infinity, she kept being told her financial circumstances wouldn't allow her to move forward. Originally from New Zealand, Katie moved to the Gold Coast for the lifestyle, buying her first home on her own in 2017 with a $260,000 mortgage. She later purchased an investment property, but found herself hitting roadblocks whenever she tried to take the next step. Mortgage brokers and financial professionals told her to keep doing what she was doing, leaving her wondering whether she'd ever achieve the financial freedom she wanted. When she first approached Infinity in 2024, she wasn't in a position to become a client. She returned 12 months later. Today, she's reduced her home loan by more than $80,000, purchased another investment property and enjoyed a 4-week European holiday across 7 countries. All while maintaining her sporting commitments, friendships and the lifestyle she loves. So what changed after years of being told she couldn't do more on 1 income? Want to improve your own financial future? Our free webinar is where to start:
👉 https://bit.ly/43V2jKN #MortgageRepayment #SingleIncome #FinancialFreedom

Australia is in a housing crisis. The big banks have been caught costing everyday Australians millions, and owning a home is becoming harder than ever. But who's actually being held accountable? Senator Andrew Bragg joins Graeme Holm to expose what's happening behind the scenes, reveal his plans to confront Australia's biggest banks, and explain what it could take to save the Australian dream of homeownership. With even Bragg admitting his own party helped create the mess, can Australia's leaders really turn things around? Want to improve your own financial future? Our free webinar is where to start: 👉 https://bit.ly/43V2jKN #AndrewBragg #HousingCrisis #TheMoneyMentor

Australia’s housing market could crash by 20%. At least, that’s what economist Harry Dent is warning. But there’s one big problem: he’s made similar predictions before, and the numbers tell a very different story. So, should Australian homeowners be worried, or could the headlines be hiding something? In this episode of the Money Mentor Podcast, Rachel Howlett sits down with property economist Dr Andrew Wilson to put Harry Dent’s latest warning to the test. They revisit his previous crash predictions, compare them against what actually happened to Australian house prices, and examine the latest property market data to uncover what could happen next. With interest rates, housing affordability and economic uncertainty putting pressure on Australians, this is a conversation worth watching before making your next property decision. Is a 20% crash really coming, or could we be looking at one of the biggest buying opportunities in years? 👇 What do you think? Is Australia's property market heading for a crash, or are the predictions overblown? Let us know in the comments. Want to improve your own financial future? Our free webinar is where to start: 👉 https://bit.ly/43V2jKN

Keti and Peter have reduced their $492,000 mortgage to just $88,000 in 3 years, despite raising 3 children and previously believing they might still be paying it off at 80. After building their family home in 2020, they were juggling mortgage repayments, private school expenses, home improvements and a lifestyle that revolved around their credit card. They were regularly maxing out their $7,000 credit card, sometimes twice in 1 month, chasing frequent flyer points and spending without a clear financial plan. With little savings and constant disagreements about money, they thought they were managing reasonably well. But everything changed when they discovered a different approach to their finances. Today, they've reduced their mortgage by approximately $404,000, including around $100,000-$120,000 from selling a previous property, while building an investment portfolio and taking their family on a 5-week European holiday. Now, with their mortgage nearly gone and a goal of becoming mortgage-free before 40, what changed for this family who once struggled to imagine a different financial future? Want to improve your own financial future? Our free webinar is where to start: 👉 https://bit.ly/43V2jKN #MortgageRepayment #FamilyBudgeting #FinancialFreedom