Podcasts · Money Mentor Podcast™

$220K Off His Mortgage After Just 1 Year | Ethan | Changing Lives | S4E78

25 Oct 2026 · 35 min · S4 E78

Ethan left school in Year 10 with almost no financial knowledge. Years later, he was earning good money working in the mines, but after earning $150,000 in 1 year, he had just $15,000 to show for it. Working a 7-on, 7-off roster, Ethan saw how easy it was to fall into the cycle of making good money and spending it just as quickly. He also saw older workers still underground in their 50s and 60s and knew he didn't want the same future. Today, Ethan is living with his parents, has bought his first investment property and says $220,000 has gone towards it, combining savings he already had with 1 year following Infinity's debt reduction strategy. In this episode, Ethan shares how his approach to money changed, why he's investing instead of buying his own home right now, how he cut his personal spending to around $350 a fortnight and why his next goal is owning 5 investment properties by 2030. Want to improve your own financial future? Our free webinar is where to start: 👉 https://bit.ly/43V2jKN #Money #PropertyInvesting #Mining #FinancialFreedom

Links in the notes 1

• https://bit.ly/43V2jKN