Dev Raga Personal Finance

In today’s episode Dev interviews renal fellow, Dr. VJ touching on: 👉🏾 his income 👉🏿 his savings rate 👉🏻 locuming 👉 his view on debt 👉🏼 personal insurance 👉🏽 kids and public vs private school 👉🏾 retirement strategy 👉🏿 and money wins We 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...

In this episode, Dev answers your questions: 👉🏾 how do you balance ethical practice, making enough money, and pursuing your own passions? 👉🏿 what is redundancy insurance? 👉🏻 sole trader tips for managing money owed to the ATO 👉 income protection inside super vs outside super We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and prope...

In this episode Dev has a chat with Balaji Gopal from the Head of Distribution & Financial Adviser Services at Vanguard Australia. Dev and Balaji discuss: 👉🏾 the Vanguard Personal Investor platform 👉🏿 the cost of Australian funds vs US funds 👉🏻 is Vanguard chess-sponsored and if not, why? 👉 does it cost money to hold money in the cash account? 👉🏼 the auto-invest feature 👉🏽 why is th...

Welcome to a new season, and a new name! Long time listeners might find it familiar...😉 In this episode Dev unpacks the concept of downside risk, touching on: 👉🏾 what is downside risk and the essential components 👉🏿 how to measure it 👉🏻 how to protect yourself against it 👉 and the pros and cons of risk protection Related links: A good overview of downside risk A basic understanding and a c...

In todays episode replay, Dev shares 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 needs Related listening 🎧 238 divorce vs separation, pr...

In today's top episode replay Dev shares 6 money milestones for those in their 30s, 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 assets...

Happy holidays, we're bringing back a listener favourite! In today's episode replay Dev suggests 6 money tips to master in your 20s. We 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...

In this episode Dev explains the concept of right sizing, including: 👉🏾 methods of rightsizing 👉🏿 the steps involved 👉🏻 the pros and cons 📝 Episode transcripts   We 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 disclaime...

In this episode Dev explains the concept of downsizing as it relates to businesses and companies, touching on: 👉🏻 examples 👉 reasons for downsizing 👉🏼 types of mergers and acquisition 👉🏽 pros & cons 👉🏾 and downsizing strategies 📝 Episode transcripts   We 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...

In this episode Dev chats with Dr Nicole Higgins, President of the Royal Australian College of General Practitioners (RACGP). They touch on: 👉🏾 a bit about Dr Higgins and what the RACGP does 👉🏻 general practice as a speciality 👉 workforce challenges 👉🏼 rebates and bulk billing 👉🏿 the cost of health care 👉🏽 capitation, and more! We hate email spam so we don’t create it! Sign up to our ne...

In today’s episode Dev explains his concept of income per unit time and income per unit effort, touching on: 👉🏾 what is income per unit time 👉🏿 why is IPUT (income per unit time) important 👉🏻 businesses vs revenue per unit sales 👉 what is income per unit effort 👉🏼 pros and cons of both concepts 📝 Episode transcripts   We hate email spam so we don’t create it! Sign up to our newslett...

In today’s episode Dev discusses credit ratings and credit agencies, covering the following topics: 👉🏾 what is a rating? 👉🏿 the big 3 👉🏻 ratings agencies and history 👉 Fitch vs Moody vs SP Global 👉🏼 the role of credit rating agencies 👉🏽 benefits vs problems 👉🏾 what happened in 2008 vs rating agencies 👉🏿 factors affecting credit ratings 📝 Episode transcripts   We hate email spa...

In today's episode we're going over the basics of bonds! Dev unpacks: 👉🏼 what is a bond? 👉🏽 terminology 👉🏾 bond ratings and callability 👉🏿 risks 👉🏻 corporate bonds 👉 bond ETFs 👉🏼 debentures vs bonds 👉🏽 fixed vs floating rate bonds Related episodes 🎧 202 bond yields, inflation + interest rates 053 what are bonds? Are they good?  214 what is the bid-ask spread? 317 what is an in...

In this episode we're continuing our conversation with Dr Tony Chen who shares his unique travel philosophy including: 👉🏾 why he moves house every year 👉🏿 his hacks for saving money on flights and hotels 👉🏻 resources to learn more about point hacking 👉 his best hotel experience 👉🏼 and thoughts on the age old debate of private vs public education Take a listen to last week's episode for pa...

In this 2-part interview Dev chats with Dr Tony Chen who some of you may know from the Frequent Flying Doctors Facebook group ! In this episode Tony shares about: 👉🏾 his journey to becoming a radiologist 👉🏻 radiology as a career, private vs public & income 👉🏼 childhood experience of growing up as a first generation immigrant 👉 his investing philosophy 👉🏿 and why he doesn’t invest in s...

In today's episode Dev explains the Dunning-Kruger effect and how it can affect your investing or career, plus how you can avoid it. 📝 Episode transcripts We 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),...

In today's Q&A Dev discusses: 👉🏻 how to teach money skills to your kids 👉 what is a defined benefit scheme within super 👉🏾 and what is income protection insurance 📝 Episode transcripts We 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 downl...

Is it a good idea to consolidate your debt? Dev explains how debt consolidation works, the pros & cons to consider and how it differs from refinancing. Related episodes 🎧 067 what is behavioural finance? 213 debt repayment strategies 📝 Episode transcripts We 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...

In today's episode Dev unpacks the three bucket retirement strategy, touching on: 👉🏾 emergency savings and liquid assets 👉🏿 medium term holdings 👉🏻 longer term holdings with a bit more risk 👉 2 key factors to watch for 👉🏼 rebalance rules 👉🏽 and the pros & cons 📝 Episode transcripts We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, c...

On today's show Dev explains the ten rules every investor should keep in mind: 👉🏾 reversion to the mean 👉🏿 the markets always overcorrect 👉🏻 excesses are a red flag! 🚩 👉 bear markets have 3 stages 👉🏼 invest regularly 👉🏽 keep your emotions in check 👉🏾 time in the market, not timing the market 👉🏿 risk vs volatility 👉🏻 experts are usually wrong 👉 diversify! Related episodes 🎧 091...

The power of compounding also applies to investment fees so it’s important to know what you’re paying when you invest! In this episode Dev touches on: 👉🏾 why is investing not free 👉🏿 ETFs vs managed funds 👉🏻 basic fees to pay attention to 👉 what is a broker and brokerage 👉🏼 3 take home points 👉🏽 the productivity commission statement on super fees 👉🏾 and Lincoln's question about bond y...

Let's take it back to basics! In this episode Dev unpacks: 👉🏻 should you save or invest 'pay yourself money'? 👉 the pros & cons of saving 👉🏽 the pros & cons of investing 👉🏼 how to calculate your savings rate 👉🏽 savings stats in Australia 👉🏿 investing concepts We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property...

In the second part of this interview Dev and Dr Dean chat about: 👉🏾 how Dean invests 👉🏿 his thoughts on debt 👉🏻 he and his partner's FI number 👉 public vs private education 👉🏼 his personal protection plan (insurances, wills and estate planning) 👉🏽 and money wins We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info...

In part 1 of this 2-part interview, medical doctor Dr Dean shares some of his career journey in medicine, savings habits and tips for productivity at work. In part 2 Dev and Dean get into investing, debt and more ways that Dean and his wife manage their money. We 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...

In this Q&A episode Dev touches on: 👉🏾 the private health industry post-covid 👉🏿 vet careers and earning less than what people may think 👉🏻 salary packaging and HECS/HELP 👉 the process/cost of elective egg freezing 👉🏽 and how much of your income should you aim to save? Related listening 🎧 309 private health insurance 105 what is salary packaging? 116 savings rate vs investment return...