News
Stay informed with MENTOR1At MENTOR1, we believe that because it is your future, you need to be completely informed and involved in all decisions that concern you.
So along with the tailored advice, we provide additional resources to help keep you up to date.
6 tips for the young investor in today’s markets
How much money you're able to invest each year is one of the biggest factors in achieving your financial goals. And the longer you're invested, the more time your money has to compound and grow. Inflation is up and markets are down. What does this mean for you?...
Transitioning into retirement: What you should know
Deciding on your retirement funding options in retirement comes down to what makes the most sense for you. If you’re close to retirement, chances are you’ve already spent time thinking about how to tap into your superannuation when you retire. Broadly speaking, you...
Is there an increase to the Age Pension?
Almost 5 million Australians received an increase in welfare payments from 20 September 2022. The Federal Government announced the largest indexation increase to pensions in 12 years, while other welfare payments will see the highest rise in more than three decades....
Super for self-employed people
You don't have to pay yourself super, but when you retire, you might be glad you did. You can make regular or lump sum payments, can usually claim a tax deduction on contributions, and may be able to save tax. Why pay yourself super There are advantages to...
Money saving tips for travel
Travelling cheaply needn’t mean you miss out. Find out the best ways to save big on your overseas holiday plans, and make the most of every dollar. Why you should budget for your overseas holiday Most of us love to travel, but not many can afford to travel as often as...
Why People Don’t Succeed In Real Estate – Part 2
Buying Land & Building for Investment Purposes? Scarcity vs Investment Grade Real Estate. The 2nd most Common Mistake Made in Real Estate Investment Portfolios In the last one-minute mentoring video and blog, we discussed the number one most common mistake made...
Moving into aged care
Key takeaways The need for aged care can be sudden, often triggered by unexpected changes in health. Also, it can be an uncertain and overwhelming experience for you and your family. Without preparation, a move into aged care can cause great emotional and financial...
Guide to concession cards for seniors
The excitement of heading towards retirement and a new stage of life can be tinged with concern over how to manage finances. For many people, seniors’ concession cards are a good way to help make ends meet. While discounts on goods and services are always welcome,...
Buying shares for kids: a gift that keeps on giving
Many parents and grandparents worry about how to help the children in their lives achieve financial independence. But the value of long-term investment can seem like a dry and complicated idea for kids to get their heads around. In fact, many young people would like...
Why People Don’t Succeed In Real Estate – Part 1
Mistakes property portfolio investors commonly make by overlooking the fact that owner occupiers drive the prices of real estate in the area. Why don’t all people succeed in real estate? One reason is because they only crunch the numbers but there is more to a...
Three things to consider when switching your super
Understanding how your super works and making sure you are getting the most out of your fund is essential to achieving the retirement lifestyle you envision. The superannuation guarantee is a percentage of your income put aside by your employer over your working life...
Make your home transition smoother with bridging finance
After months of research, weekends spent attending inspections and auctions, finding the perfect home, at the right price brings a sense of relief and excitement. But what if you haven’t sold your current house yet? Finding your next home before settling your existing...