Dev Raga Personal Finance

In today's episode Dev explains how we experience accumulative advantage in everyday life and investing, also touching on the Matthew Effect and the concept of "winner takes all".📝 Episode transcriptsWe hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.To get help, and to check out our online courses, resources and downloads (+ our disclaimers and warnings), click here.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Let's explore the fundamentals of what an index fund is, how they work and what to consider when choosing one. In this episode we cover:👉🏾 what is an index fund?👉🏿 what does the data say about active vs passive investing?👉🏻 your investment thesis👉🏼 are you a broad market or narrow market investor?👉🏽 local vs international👉 fund selection👉🏻 monitoring the fund investment👉 risks and pitfalls👉🏼 the index fund bubble - is it a risk?👉🏽 Dev's personal view on index funds📝 Episode transcriptsWe hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.To get help, and to check out our online courses, resources and downloads (+ our disclaimers and warnings), click here.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

It's that time of year again, the annual EV update. Today's episode gets into the ins and outs of owning a Tesla Model 3 touching on:👉🏾 purchase price👉🏿 cost of electricity vs fuel👉 wear and tear👉🏻 autopilot👉🏽 tyre change & servicing costs👉🏿 the annoying & brilliant bits of the car👉 EV road tax👉🏼 charging infrastructure👉🏽 thoughts on going back to an ICE car👉🏾 EV discounts with respect to FBT👉🏿 comparing the cost breakdownDr CY's EV novated lease calculator (Make a copy to use)Related episodes 🎧058 the economics of electric cars!095 what are vehicle related expenses?093 EV cost analysis: 12 months of driving a Tesla123 EVs: 100,000km Tesla Model 3 update225 EVs: 150,000km Tesla Model 3 update🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join the mmm facebook group💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today's episode is part 2 of our chat with Jason and Matt from MissionMed about getting into medical school. Make sure to listen to last week's episode to catch the first part if you missed it! In this episode we talk about:👉🏾 do Jason and Matt invest?👉 are there any scholarships for med school?👉🏼 HECS/ HELP debt👉🏽 private school vs public school vs selective school👉🏾 when should students start preparing for med school👉🏿 getting into med school later in life with a post grad pathway👉🏻 and advice for aspiring students who want to become a doctorLearn more about MissionMed: https://missionmed.com.au/The book mentioned in the chat can no longer be bought separately but below are some other resources you might find helpful.JCU Application Guide: https://missionmed.com.au/learn/jcu-written-application-guide/UNSW Application Guide: https://missionmed.com.au/learn/unsw-written-application-guide/UNSW Medicine ATAR + UCAT Requirements: https://missionmed.com.au/learn/unsw-medicine-atar-ucat-requirements-2023/🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join the mmm facebook group💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Due to plenty of interest in this topic we are taking a break from money to chat about getting into med school in this two-part discussion with Jason and Matthew from MissionMed. In this episode we touch on:👉🏻 the entrance process for undergrad and postgrad pathways👉 good skills to have and develop👉🏼 what are the UCAT and UMAT and how do they work👉🏽 what to expect and how to succeed in medical interviews👉🏿 Jason and Matthew's tips and learnings👉🏾 what MissionMed does🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join the mmm facebook group💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

If you've heard the term intrinsic value mentioned by investors like Warren Buffet but not known what it meant, today we're breaking down the concept. In this episode we cover:👉🏻 quantitative analysis👉 qualitative analysis👉🏼 discounted cash flow analysis👉🏽 weighted avg cost of capital (WACC)👉🏾 a worked example of DCF analysis👉🏿 and of course what is intrinsic valueRelated listening 🎧077 what is price to earnings ratio (P/E)?078 what is price to book ratio (P/B)?🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Dev recently took a holiday and had a great experience with private tour company ForeverVacation so he invited co-founder and CEO Ben Dolgoff onto the show as a guest. In this chat Dev and Ben touch on:👉🏾 Ben's story and background prior to starting the company👉🏿 Dev's experience👉🏻 Forever Vacation's unique tour style👉 their money back guarantee policy👉🏼 what to consider if you're planning a tour and looking for a company + moreLearn more about ForeverVacation: https://forevervacation.com/🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Do you have home and/or contents insurance? In this episode we're covering:👉 the difference between home insurance and contents insurance👉🏼 different types of coverage and policies👉🏽 how to calculate how much your home is worth👉🏾 common exclusions👉🏿 common reasons a claim is rejected👉🏻 insuring a home pre-settlement👉🏼 what is public liability insurance👉🏽 how can you reduce your premiums👉 accidental damage👉🏿 things to consider when selecting an insurance company🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

In today's Q&A Dev touches on:👉🏾 burn out in health care👉🏻 is additional income worth it if it's heavily taxed?👉🏿 super balance for retirement and the aged pension👉🏻 buying cars👉 the temptation of keeping up with the Joneses👉🏽 side hustle ideasRelated listening 🎧223 burnout, self care + defence housing255 + 255b an interview with Ryan about locuming🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today we're digging into yield curves and more specifically the inverted yield curve. In this episode Dev talks about:👉 what is yield?👉🏼 dividends vs distributions👉🏽 various types of yields👉🏾 what are yield curves👉🏿 3 types of curves👉🏻 what is an inverted yield curve👉 why is it important and how it affects investorsRelated listening 🎧301 calculating returns202 bond yields, inflation + interest rates053 what are bonds? Are they good?302 recessions, depressions, causes, protections🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Luke is a commercial electrician in his early 30s who is killing it with his money journey! In this inspiring chat Dev and Luke discuss:👉🏻 his lucrative career path👉🏾 how he budgets👉🏿 advice for young electricians and apprentices👉🏻 Luke's perspective on debt👉 how he invests and how that has evolved over the years👉🏼 Luke's net worth and impressive breakdown of assets👉🏽 and of course Luke's money wins and tips!🛑 Please read our disclaimer + warnings before listening to this episode🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

In today's episode we're covering 12 money pitfalls to avoid before and during retirement! Related listening 🎧028 what is sequence of returns risk?231-233 superannuation218 budgeting strategies037 what is the 4% withdrawal rule?309 private health insurance🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today we're unpacking the concept of commodities and if they are something investors can make money on. We touch on:👉🏾 what actually is a commodity?👉🏿 what is basis grade?👉🏻 various types of commodities👉 how are commodities traded👉🏼 what is the commodity price cycle?👉🏽 what determines their price👉🏾 is health care a commodity?Related listening 🎧056 what are derivatives (financial)?240 what is hedging?027 what is inflation and why is it important?🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Have you ever heard of the pareto principle or the 80/20 rule? In today's episode Dev talks about:👉🏾 some listener feedback on ATO payment plans👉🏿 the pareto principle explained and how it applies to our everyday lives👉🏻 pros and cons of following the principle👉 the pareto efficiency explained 👉🏼 what is the production possibility frontier?👉🏽 and alternatives to pareto efficiency🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today we're unpacking the various types of financial markets and two methods used by sophisticated investors to analyse these financial markets.Related listening 🎧084 what is liquidity?033 index funds vs ETFs: which is better?222 stock market myths + wrap accounts115: what are stock buy backs?079 the pitfalls of passive investing!019 how to invest during volatile times202 bond yields, inflation + interest rates053 what are bonds? Are they good?056 what are derivatives (financial)?108 & 109 currency trading217 macro-economic vs micro-economic factors🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today we're discussing some of the financial lessons that we can learn from some of the wealthiest and broke athletes in the world. We look at both the pitfalls to avoid and the gold we can glean.🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Retiring can be a difficult lifestyle transition after years in the workforce so it's important to start planning before you retire. Today we're unpacking the stages of retirement, touching on:👉🏾 what is retirement? 👉🏿 factors that might influence when you decide to retire👉🏻 the psychological impact of retiring👉 pre-planning👉🏼 the actual day👉🏽 the honeymoon period👉🏿 the business side👉🏾 reorganising your life👉🏻 the final phase👉 statistics🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

In today's episode we're diving deep into the world of private health insurance with a comprehensive break down of what it is and how it works. Dev talks about:👉🏾 what is private health insurance and what is it's benefit👉🏿 how bulk billing works👉🏻 why is health care becoming more expensive in Australia👉 the stealth health care tax we don't know about👉🏼 private health product tiers👉🏿 out of pocket expenses👉🏻 coverage, rebates & premiums👉 lifetime health cover loading👉🏼 Medicare levy and surcharge👉🏽 age based discount👉🏿 Dev's thoughtsResources mentioned: https://www.privatehealth.gov.au/Ten Golden Rules of Private Health Insurance🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

We're back with another Q&A! In today's episode Dev unpacks questions about:👉🏾 accrued leave, time in lieu & paid overtime👉🏿 financial implications of various medical careers / specialties👉🏻 how to charge a higher rate👉 hedged vs non-hedged ETFs👉🏼 LICs and DSSPsRelated listening 🎧118 what is DSSP?102 what is a dividend reinvestment plan (DRP)?065 dividends vs distributions031 what is dividend investing?020 what are franked dividends?036 listed investment companies (LICS)🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

In today's money wins episode we interview Dr Nick (name changed for anonymity), a millennial doctor and investor with a multi-million net worth. Nick shares his approach to spending, saving, investing and debt as well as his encouragement for medical students.🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today on the show Dev breaks down the supply chain phenomenon called the bullwhip effect, touching on:👉🏾 how supply chain dynamics work👉🏿 the bullwhip effect and what it indicates👉🏻 how to minimise the risk of the bullwhip effect occurring👉 vertical integration🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Recessions are normally followed by an economic recovery, do you know the different types? Dev explains:👉 what an economic recovery is👉🏼 the signs of one👉🏽 how fiscal and monetary policies relate to economic recoveries👉🏾 the different recovery 'shapes' and which are the most commonRelated listening 🎧248 what is stagflation🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

In today's episode Dev chats about:👉🏾 is buying a home worth it?👉🏿 buying your own home vs investing in property👉🏻 what gets noted in a building and pest inspection👉🏽 7 steps of the buying process👉 pros and cons of investing in property👉🏼 the risks and how to manage them Related listening 🎧049 leverage vs margin!011 buy a home with your head, not your heart!235 Q&A: working rurally, property vs shares, BAS, GST & sole trader income🛑 Please read our disclaimer + warnings before listening to this episode🏡 Join the mmm facebook group💸 Quick links to $20 off The Glen James Spending Plan, Glen’s book & other resourcesmy millennial money is produced by SYMO interactiveAny advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Can money buy happiness? Dev thinks it's the wrong question to be asking. Let's talk about it. Today's episode touches on the science behind happiness and what the data says about the relationship between money and happiness.Here's the study Dev mentions in the episode: https://www.hbs.edu/ris/Publication%20Files/FinancialScarcity_SPPS_accepted_November1_2021_06f87dd3-4474-4c92-88d1-a5c6b63a2eaa.pdf📢 PSA: Dev doesn't endorse any specific financial products so beware of scammers using his name📢 PSA #2: my millennial money medical has been renamed to my millennial money professional to include the growing number of non-health care workers who listen to this show!🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional (formerly my millennial money medical) is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today's episode is all about recession: what it is, what causes it and what you can do about it. Dev touches on:👉 what is a recession vs what is a depression👉🏼 what is a business cycle 👉🏽 examples of past recessions 👉🏾 triggers and causes👉🏿 how you can protect yourself during a recession Related listening 🎧248 what is stagflation?209 what is a financial bubble?🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

If you're an investor you would want to ensure you're making money not losing it, so how are investment returns calculated? Dev explains some different methods touching on:👉 what is a return👉🏼 annualised returns👉🏽 nominal returns👉🏾 real return👉🏿 purchasing power👉🏻 and ratios ratios ratios (e.g.: ROE, ROI, ROA) - demystifying these ratios🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

This episode is part 2 of the interview on locuming with Ryan from 1Medical locum agency! In this chat Dev asks Ryan:👉 can a locum agency become an employee at the hospital they have locumed in before?👉🏼 what happens with cancellations👉🏽 do you think rates will stay as high as they have been?👉🏿 what about overseas locum opportunities?👉🏾 what about non doctor opportunities?👉 how do locum doctors structure their finances e.g. ABN, sole trader or Pty Ltd?👉🏻 what makes a good locum agency?🛑 Please read our disclaimer + warnings before listening to this episode🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Many of our listeners are doctors who have a ton of questions about locum work so Dev unpacks them with special guest Ryan Kevelighan who is the Director of 1Medical locum agency. Stay tuned for a bonus part 2 of this interview dropping tomorrow. Today's episode touches on:👉 what does it take to create and run a locum agency?👉🏼 do agencies only deal with public hospitals, or deal with private hospitals as well?👉🏽 what makes a hospital easier to deal with?👉🏾 how can doctors and locum agencies work better together?👉🏿 how can locum agencies help with the stifling bureaucracy when it comes to credentialing and paperwork?👉🏻 how does travel allowance and time taken to travel work?Check out HealthPass: www.healthpass.au🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

In this episode special guest Maz joins us on the show. Maz is a physiotherapist who left her public position to work in a private practice setting. We discuss physiotherapy as a profession and how Maz goes about her personal finances including some of the money wins she's had.The paradox of choice | Barry Schwartz (TED Talk): https://www.youtube.com/watch?v=VO6XEQIsCoM🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Continuing on from last week's Q&A, Dev answers more of your questions:👉🏾 are medical financial advisers better than general advisers?👉🏿 what are the new rules for family trusts?👉🏻 tips for locum work👉 transferring property to family e.g. kids👉🏼 what is moldability and why you need it in your career👉🏽 my portfolio has lost money, should I sell at a loss or wait for the market to bounce back?👉🏻 Maxxia wallet - is it worth it or not?Related listening 🎧046 what is a financial alpha? Are financial advisers worth it?220 practice ownership: things to consider!227 tax time Q&A with an accountant080 asset allocation strategies and rebalancing064 what is capital gains and losses?094 income and deductions!216 active vs passive income🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today's episode is packed with some great listener questions touching on:👉🏾 how do ATO payment plans work?👉🏿 dollar cost averaging vs lump sum investing👉🏻 pursuing FI to have freedom of career choice rather than retirement👉 career options outside of clinical work👉🏼 single parent, divorced & practice owner, what should I do with my money?👉🏽 tips for transitioning from Centrelink to salary👉🏻 private health insurance, do you need it?👉🏾 money mindset depending on whether you grew up poor vs privilegedATO payment plan estimatorEpisodes mentioned in the chat 🎧120 what is div 293? The sneaky tax!067 what is behavioural finance?223 burnout, self care + defence housing059 is private health insurance worth it?249 & 250 an interview with Aussie Firebug🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

When it comes to your car insurance, do you know the pitfalls to avoid and how to negotiate a better deal? Dev unpacks it all touching on:👉 why car insurance is so important👉🏼 CTP and how it differs by state👉🏽 comprehensive car insurance👉🏾 contaminated fuel - does insurance cover that too?👉🏿 tips on reducing your premiums👉 specifically check exclusions - what are they?👉🏼 what about learner drivers🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

On today's episode Dev and Aussie Firebug continue their interview touching on:👉🏾 AFB's investing strategy 👉🏿 achieving FIRE and the idea of retiring from work and losing purpose👉🏻 insurances - personal, house, car and health insurance 👉 Aussie healthcare👉🏼 and AFB’s FIRE $ goal 🛑 Please read our disclaimer + warnings before listening to this episode🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today on the show Dev interviews blogger and podcaster Aussie Firebug talking all things money, mindset, life and of course his FIRE journey. In part 1 they touch on:👉🏾 The Simpsons! What does that have to do with money? Quite a lot actually👉🏿 how AFB's mindset and investing strategy has evolved and changed from when he first began his FIRE journey👉 factoring kids into FIRE🛑 Please read our disclaimer + warnings before listening to this episode🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

You probably know about inflation but have you heard of stagflation? Dev explains the concept, touching on:👉 what is stagflation, inflation and deflation👉🏼 causes of stagflation👉🏽 what can be done in response to stagflation👉🏾 how investors can protect themselvesRelated listening 🎧217 macro-economic vs micro-economic factors202 bond yields, inflation + interest rates133: is inflation a problem?027 what is inflation and why is it important?240 what is hedging?080 asset allocation strategies and rebalancing🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Dev chats with Harry who is an accountant about some of the small money wins he has had so far. They talk about saving, investing, and how the small things in the money world can make a big difference.🛑 Please read our disclaimer + warnings before listening to this episode🏡 Join our facebook group for healthcare professionals💸 Quick links - get $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today's episode is the last of the life stages series focusing on a few core things to consider in your 60s and beyond. Dev touches on:👉 asset allocation and decummulation strategies👉🏼 private health insurance👉🏽 superannuation - again!👉🏾 revisiting will and estate planning👉🏿 staying active, physically and mentally👉🏻 not neglecting growthRelated listening 🎧080 asset allocation strategies and rebalancing125 what is de-accumulation phase?🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Dev talks about some money moves to consider making in your 40s and 50s, including: 👉🏾 managing debt👉🏿 reviewing your net worth to see if you are you on track👉🏻 preserving and protect your wealth👉 pumping that superannuation fund!👉🏼 determining how much you need in retirement👉🏽 work choices and children's needsRelated listening 🎧238 divorce vs separation, property settlement, parenting arrangements080 asset allocation strategies and rebalancing🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

We're continuing our life stages series and this one's for anyone in their thirties. Dev recommends 6 things to focus on with your money, including:👉🏾 getting personal insurance, private health insurance and investing in yourself👉🏿 defining your goals and making a written financial / investing plan👉🏻 sorting your will and estate planning👉 avoiding lifestyle creep👉🏼 maximising your income - 3 A's to focus on👉🏽 buying productive assetsRelated episodes you may want to check out after listening to this episode 🎧007 debt paying strategies066 income protection changes may come!!090 having a written financial plan203 what is diworsification?034 revisit wills, investment properties014 do you have a will?032 what is lifestyle creep?134 what are CP funds? What is a buyers agent?212 investing truths🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

What are the best things you can do with your money in your 20s? Dev suggests 6 things to try and master!🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today we're chatting with Dr Tyron March. He's an ICU doctor based in Brisbane, a personal finance enthusiast and the author of Medical Money: A Practical Guide to Personal Finance and Investing for the Junior Doctor. Dev asks Tyron about:👉🏿 his money story and what shaped his passion for personal finance👉 the ins and outs of the book including why it's for anyone, not just doctors👉🏼 ICU training👉🏽 the qualities of a good doctor👉🏾 Tyron's side business, MedKit Scrubs (check them out at the link below)👉🏿 some of the challenges in health care👉🏻 and his top financial tips📘 Find Medical Money on Amazon hereCheck out MedKit Scrubs🛑 Please read our disclaimer + warnings before listening to this episode🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

In today's episode Dev explains the purpose of an annuity and how someone might use it as part of their retirement strategy. He covers:👉 what is an annuity and how does it work👉🏼 the different types👉🏽 what happens if you die?👉🏾 how is taxation handled within annuities👉🏿 companies that offer them👉🏻 the good and the bad Related listening 🎧episode 84: what is liquidity?episodes 231-233: a 3-part super series!Learn more about Altus Financial here: https://bit.ly/altusm3m🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

In this episode Dev explains the concept of hedging including:👉🏼 what is a hedge? (no, not the green bushy stuff!)👉🏽 how hedging strategies work👉🏾 is hedging the same as an insurance policy?👉🏿 what is a perfect hedge? 👉🏻 the risk/return trade off👉 what is a derivative and 4 different types👉🏼 types of hedging that the average investor can use👉🏽 and the bottom line!Learn more about Altus Financial here: https://bit.ly/altusm3m🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

In this episode Dev breaks down the concept of due diligence including:👉🏻 what due diligence is👉 is it illegal if you don't do it?👉🏼10 steps that you can take to do due diligence👉🏽 spotting red flagsTake a listen to episodes 76-78 for more around P/E and P/B ratios.🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Heads up, this episode touches on sensitive topics relating to divorce and separation. If this is upsetting you may want to skip this episode or take it slow and that's okay. On today's show Dev unpacks the concept of marriage, divorce and separation as well as:👉 how the divorce process works👉🏼 some stats around divorce in Australia👉🏾 what happens with children in the mix👉🏿 parenting arrangements👉🏽 what's a property settlement?👉 what about superannuation and how it's split?👉🏻 how does it work in WA?Parenting orders handbook: https://www.familyrelationships.gov.au/document/7261Check out episode 208 for a deep dive on BFAsLearn more about Altus Financial here: https://bit.ly/altusm3m🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

What's the difference between a normal mortgage and a reverse mortgage? Dev explains and touches on:👉🏾 how they work👉🏿 how much equity is required👉🏻 the 2018 ASIC review of reverse mortgages👉 no negative equity guarantee - what is it?👉🏼 the costs👉🏽 pros and cons👉🏿 other alternatives 👉 and his personal verdictLearn more about Altus Financial here: https://bit.ly/altusm3m🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Dev answers more listener questions:👉 what's the difference between ETFs and managed funds?👉🏼 should I put more money into my super or my offset account?👉🏽 dealing with award rates and the union in your profession👉🏾 tips for turbo charging your income👉🏻 and some little known tax deductionsLearn more about Altus Financial here: https://bit.ly/altusm3m🛑 Please read our disclaimer + warnings before listening to this episode🎧 Related listening229 how to pick a stock broker033 index funds vs ETFs: which is better?052 cash flow, profit, line of credit!016 dollar cost what?125 what is de-accumulation phase?Tax deductions - check out episodes 94-99, 107, 204-206 and 227!064 what is capital gains and losses?📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Dev discusses your questions around:👉 working rurally as a health professional - the benefits and tips to consider👉🏼 filling out BAS, how GST works and managing sole trader income👉🏾 financial services/products targeting nurses👉🏿 property vs index fundsLearn more about Altus Financial here: https://bit.ly/altusm3m🎧 Related listening:026 what is arbitrage?221 couples and money220 practice ownership: things to consider!218 budgeting strategies131 shares vs property!🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today on the show we are stoked to talk with a special guest who joins us all the way from the States, JL Collins. JL is a financial independence blogger and the author of The Simple Path to Wealth. In this chat Dev talks with JL about:👉🏾 JL's investing philosophy👉🏿 why you should avoid debt👉🏻 "a stock market crash is a gift"👉 having a 50% savings rate, is that too aggressive?👉🏼 dollar cost averaging, is JL not a fan?👉🏽 his journey from active investor turned index fund investor👉🏿 what is "FU money"👉🏻 your house being a terrible investment👉 why Vanguard and the Jack Bogle experienceLearn more about Altus Financial here: https://bit.ly/altusm3mThe Simple Path to Wealth (book)JL's websiteTime Machine and the future returns for stocks (blog post)Mr Bogle and me (blog post)The Gambler - F You (original movie clip)FU Money by J L Collins (edit of the clip from The Gambler)J L Collins Google talk🛑 Please read our disclaimer + warnings before listening to this episode🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

What options do you have in retirement and how do you access your super? Dev talks all about this in the third and final part of the super mini-series. Make sure to check out part 1 and 2! This episode touches on:👉🏾 early release of super👉🏿 withdrawing super to pay off debt (Check out 052 cash flow, profit, line of credit!)👉🏻 transition to retirement scheme (TTR)👉 consolidating super accounts👉🏼 when can you access your super👉🏽 super and retirement👉🏻 retirement income study - the stats!👉🏾 3 main options when you retireLearn more about Altus Financial here: https://bit.ly/altusm3m🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcript: https://bit.ly/m3meptranscripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money medical is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.