Dev Raga Personal Finance

In this episode I discuss the concept of lifestyle creep and how it can seriously derail your retirement plans. There are things you can do to minimise it. 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 informatio...

In this episode I tackle income investing with a particular focus on dividends. Dividends are a powerful way to create wealth. In Australia we are fortunate to avoid double taxation when it comes to dividends. 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...

In this episode I discuss the concept of debt consolidation and differentiate it to debt agreements/settlements. I also discuss credit counseling. 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...

Buying a car is often the second biggest purchase you will make in your life so it makes sense to have a financial strategy for doing so. In this episode we discuss the basic things to watch out for when buying a car, and consider the financial options. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you s...

In this episode, I discuss the all important financial concept called sequence of returns risk and why it can make or break your retirement nest egg. I also go into the tried and tested method of investing: "buy the haystack not just the needle" and "time in the market is more important than timing the market". Any advice is general financial advice only which does not take into account your objec...

In this episode we discuss the all important concept of inflation. you need to understand inflation otherwise your retirement nest egg may be worthless. 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....

In this episode I discuss the concept of arbitrage and various types. I also discuss a recent financial article I read about personal finance anxiety. 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...

In this episode I discuss some of the pitfalls of behavioural finance, summarise the findings of the Royal Commission into the banking sector, and go into detail about buying v renting a home. I also highlight a recent success story of 2 young doctors. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you sh...

In this episode we discuss about the types of emergency funds, how to save for it, where to keep the money. we also discuss debt as a whole, and why it can be a good thing but also a very bad thing. Also a big shout out to tomsmoneymagic.com ! Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should cons...

In this episode I discuss a simple shopping strategy which has saved us on average 80-100 dollars per fortnight for the last 12 months. I also discuss some strategies to discuss money and financial concepts to your kids. 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 a...

In this episode I discuss two articles about the habits of successful people financially, and a financial roadmap for your life. I also discuss the concept of a no spend challenge. 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...

In this episode we discuss the financial movement called FIRE. we also go in depth into the debt recycling strategy which may help you pay off your mortgage faster. 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 i...

Happy new year!! In this episode we discuss what are franked dividends and how any Federal Government policy change may affect you. 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 b...

We have seen significant market volatility in recent times. use it to your advantage. in this episode we talk about how to invest during uncertain times. 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....

In this episode we discuss the macroeconomic concept of opportunity cost, sunk cost and risk. 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 produc...

In this episode I discuss some of the factors to consider with respect to the current property market in Australia focusing mainly on Melbourne and Sydney. I also share a quick savings and investment tip which you may find useful. 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 a...

Dollar Cost Averaging is an investment technique which can help you mitigate the risks of investing in the long term. in this episode we discuss the pros and cons of dollar cost averaging. 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...

In this episode I discuss the common investing mistakes. 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 targ...

In this episode we discuss wills, powers of attorneys and testamentary trusts. 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 st...

In this episode, I discuss the tips and tricks with your superannuation and along with that discuss the tax efficiencies which are built in. 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 ch...

In this episode, we dwell into the question of whether it's important to pay off debt or invest while you have debt. We discuss the many possibilities and systematically go through the pros and cons of each side. 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 appropria...

In this episode we dwell into the depths of buying a property in Australia. We discuss some of the pitfalls and major aspects you need to look at. buy a home with your head and not your heart. 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 n...

In this episode, I discuss the number one indicator of retiring wealthy, some geeky economic concepts (modern portfolio theory and efficient frontier) and how it relates to your personal finance, we discuss asset allocation and rebalancing your portfolio. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you...

In this episode, we discuss the two main ways of investing. active versus passive investing. I discuss the pros and cons of each type. Choose the best strategy that works for you. 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...

In this episode I discuss the various budgeting strategies you can employ. Perhaps a hybrid budgeting system is useful for u. I also talk about the concept of a helicopter view of your budget using medicine and formula 1 racing as an analogy. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consi...