Dev Raga Personal Finance
514 episodes - English - Latest episode: 13 days ago -Money concepts made simple for busy professionals, hosted by Melbourne-based doctor Dev Raga. New episodes every Wednesday.
Formerly named my millennial money professional
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Episodes
414 life, TPD, trauma & income insurance (the basics, self-insuring, using an adviser or DIY + more) part 2
April 16, 2024 19:10 - 41 minutes - 57.1 MBIn today’s episode Dev continues his interview with Phil Thompson - an insurance expert, going in-depth on: 👉🏽 income protection and life insurance 👉🏾 trauma insurance and TPD 👉🏿 claim rejections 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, books, resources and downloads (+ our disclaimers and warnings), click here. Any advice is general financial...
413 life, TPD, trauma & income insurance (the basics, self-insuring, using an adviser or DIY + more) part 1
April 09, 2024 19:00 - 47 minutes - 64.9 MBIn today’s episode Dev interviews Phil Thompson - an insurance expert, touching on: 👉🏾 the basics of insurance 👉🏿 difference of a financial advisor and insurance advisor 👉🏻 insurance via TV ads 👉 the concept of self-insurance 👉🏼 super vs non-super insurance 👉🏽 income protection and life insurance 👉🏾 trauma insurance and TPD 👉🏿 claim rejections https://www.thisis.money/blog/2018/12/4/everything-you-need-to-know-about-life-insurance-yg3cr We hate email spam so we don’t create it! Si...
412 will and estate planning (Q&A with a lawyer) part 2
April 02, 2024 18:00 - 27 minutes - 38.4 MBIn today’s episode, Dev continues his interview with special guest Marlee Viero who is a wills lawyer from Nest Legal. In the 2nd part of this chat Dev and Marlee touch on: 👉🏾 the role of the executor; administering the estate 👉🏿 probate vs grants 👉🏻 the role of the court 👉 invalidity of the will 👉🏼 who can challenge a will 👉🏽 digital assets Find out more about Marlee & the team at Nest Legal: www.nestlegal.com.au We hate email spam so we don’t create it! Sign up to our newsletter to...
411 will and estate planning (Q&A with a lawyer) part 1
March 26, 2024 18:00 - 56 minutes - 78.5 MBIn today’s episode Dev interviews special guest Marlee Viero who is a lawyer specialising in wills and estate planning. They chat about: 👉🏾 what happens when you don't have a will? 👉🏿 do it yourself will kits 👉🏻 what is an executor? 👉 what is a beneficiary? 👉🏼 what is a guardian? 👉🏽 what about kids under 18? 👉🏾 distribution of assets, special items, etc. 👉🏿 what is a testamentary trust? Find out more about Marlee & the Nest Legal team: www.nestlegal.com.au We hate email spam so we ...
410 an interview with AG (alternative investments, day trading + more)
March 19, 2024 18:10 - 59 minutes - 82.5 MBIn today’s episode Dev interviews special guest AG who day trades, touching on AG's experience with crypto and his personal investing philosophy. They chat about: 👉🏾 what is cryptocurrency and how do you make money from it? 👉🏿 costs of trading 👉🏻 net worth and income 👉 what is day trading and how one can compete with with "big people" 👉🏼 is time included in return calculations 👉🏽 mainstream/traditional investments 👉🏾 superannuation - where does it fit in? We hate email spam so we don...
money mistakes by doctors - Part 2
March 12, 2024 18:10 - 24 minutes - 33.4 MBIn today’s episode Dev explains money mistakes doctors make, touching on: 👉🏾 not prioritizing relationships, 👉🏿 not doing a will and estate plan, 👉🏻 training for far too long, waiting to become a consultant 👉 poor soft skills, 👉🏼 complicating their financial life Related episodes 🎧 208 what is a prenuptial or binding financial agreement? 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...
409 money mistakes by doctors - Part 2
March 12, 2024 18:10 - 24 minutes - 33.4 MBIn today’s episode Dev explains money mistakes doctors make, touching on: 👉🏾 not prioritizing relationships, 👉🏿 not doing a will and estate plan, 👉🏻 training for far too long, waiting to become a consultant 👉 poor soft skills, 👉🏼 complicating their financial life Related episodes 🎧 208 what is a prenuptial or binding financial agreement? 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...
409 money mistakes by doctors - part 2
March 12, 2024 18:10 - 24 minutes - 33.4 MBIn today’s episode Dev explains money mistakes doctors make, touching on: 👉🏾 not prioritizing relationships, 👉🏿 not doing a will and estate plan, 👉🏻 training for far too long, waiting to become a consultant 👉 poor soft skills, 👉🏼 complicating their financial life Related episodes 🎧 208 what is a prenuptial or binding financial agreement? 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...
408 money mistakes by doctors - part 1
March 05, 2024 18:10 - 34 minutes - 47.4 MBIn today’s episode Dev explains money mistakes doctors make, touching on: 👉🏾 not having a budget or financial plans 👉🏿 debt 👉🏻 lifestyle creep 👉 under insuring themselves Related episodes 🎧 117 what is automation? 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 is gen...
407 buying commercial property
February 27, 2024 18:10 - 16 minutes - 23 MBIn today’s episode Dev explains buying commercial property, touching on: 👉🏿 types of commercial property 👉🏻 things to look for when buying a commercial real estate 👉 the pros & cons 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 is general financial advice only which do...
406 what is a share buy back?
February 20, 2024 18:10 - 25 minutes - 35.1 MBIn today’s episode Dev explains the concept of a share buy back, touching on: 👉🏿 shares outstanding 👉🏻 why a company buys their own shares 👉 how a company would buy back their own shares 👉🏼 earnings per share 👉🏽 price to earnings ratio 👉🏾 advantages of share buy backs 👉🏿 buy backs vs share dividends 👉🏻 share buy backs vs arbitrage 👉 his personal views on share buy backs Related episodes 🎧 026 what is arbitrage? We hate email spam so we don’t create it! Sign up to our newsletter ...
405 what is debt recycling?
February 13, 2024 18:10 - 30 minutes - 41.5 MBIn today’s episode Dev explains debt recycling, touching on: 👉🏾 debt 👉🏿 deductible vs non-deductible debt 👉🏻 debt recycling 👉 tax savings 👉🏼 advantages of debt recycling 👉🏽 disadvantages of debt recycling 👉🏾 final things to consider 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...
404 an interview with Dr VJ (Renal Fellow)
February 06, 2024 18:10 - 1 hour - 87.1 MBIn 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 to check out our online courses, resources and downloads (+ our disclaimers and warnings), click her...
403 redundancy insurance, sole traders & tax, income protection inside vs outside super + more
January 30, 2024 18:10 - 24 minutes - 33.5 MBIn 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 property info you need. To get help, and to check out our online courses, resources and downloads (+ o...
402 an interview with Balaji Gopal from Vanguard Australia
January 23, 2024 18:10 - 58 minutes - 80.6 MBIn 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 there a lag between direct debt of money and landing into investments? 👉🏾 is a parallel auto invest featur...
401 what is downside risk?
January 16, 2024 18:10 - 21 minutes - 29.3 MBWelcome 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 calculation example Sortino Ratio Calculator (advanced method) Related episodes 🎧 240 what is h...
top episode: money in your 40s & 50s
January 09, 2024 18:10 - 40 minutes - 56.2 MBIn 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, property settlement, parenting arrangements 080 asset allocation strategies and rebalancing 📝 Episod...
top episode: money in your 30s
January 02, 2024 18:10 - 48 minutes - 67.1 MBIn 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 Related episodes you may want to check out after listening to this episode 🎧 007 debt paying strat...
top episode: money in your 20s
December 26, 2023 18:10 - 43 minutes - 60.4 MBHappy 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 is general financial advice only which does not take into account your objectives, financial ...
351 what is rightsizing?
December 19, 2023 18:10 - 20 minutes - 28.2 MBIn 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 disclaimers and warnings), click here. Any advice is general financial advice only which does not take into ac...
350 what is downsizing in business?
December 12, 2023 18:10 - 22 minutes - 31.4 MBIn 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 need. To get help, and to check out our online courses, resources and downloads (+ our disclaimers and warn...
349 an interview with RACGP President Dr Nicole Higgins (cost of health care, workforce challenges + more)
December 05, 2023 18:10 - 39 minutes - 55.1 MBIn 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 newsletter to get only the valuable money, careers and property info you need. To get help, and to ch...
348 income per unit time vs income per unit effort
November 28, 2023 18:10 - 19 minutes - 26.8 MBIn 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 newsletter to get only the valuable money, careers and property info you need. To get help, and to check out our...
347 credit ratings and agencies
November 21, 2023 18:10 - 23 minutes - 32.4 MBIn 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 spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info...
346 bond basics
November 14, 2023 18:10 - 26 minutes - 36.8 MBIn 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 inverted yield curve? 080 asset allocation strategies and rebalancing 📝 Episode transcripts We hate em...
345 an interview with Dr Tony Chen part 2 (travel philosophy, tips & hacks)
November 07, 2023 18:10 - 59 minutes - 81.6 MBIn 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 part 1 of this chat! Tony runs the Facebook group Frequent Flying Doctors We hate email spam so we d...
344 an interview with Dr Tony Chen part 1 (radiology, childhood, why he doesn't invest in super + more)
October 31, 2023 18:10 - 1 hour - 83.2 MBIn 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 superannuation Stay tuned for part 2 next week where we get into travel tips and hacks! We hate email sp...
343 what is the Dunning-Kruger effect?
October 24, 2023 18:10 - 19 minutes - 27 MBIn 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), click here. Any advice is general financial advice only which does not take into account your...
342 teaching kids about money, defined benefit scheme & what is income protection
October 17, 2023 18:10 - 30 minutes - 41.8 MBIn 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 downloads (+ our disclaimers and warnings), click here. Any advice is general financial advice only whi...
341 is debt consolidation a good idea?
October 10, 2023 18:10 - 20 minutes - 28.3 MBIs 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 get help, and to check out our online courses, resources and downloads (+ our disclaimers and ...
340 what is the three bucket strategy?
October 03, 2023 18:10 - 22 minutes - 31.8 MBIn 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, careers and property info you need. To get help, and to check out our online courses, resources and down...
339 ten rules for investors
September 26, 2023 19:10 - 20 minutes - 28.8 MBOn 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 investing in bull and bear markets! 048 risk vs volatility! 📝 Episode transcripts We hate email spam ...
338 the impact of investment fees
September 19, 2023 19:10 - 22 minutes - 30.9 MBThe 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 yields Related episodes 🎧 229 how to pick a stock broker 301 calculating returns 📝 Episode transcri...
337 saving vs investing
September 12, 2023 19:10 - 22 minutes - 31.7 MBLet'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 info you need. To get help, and to check out our online courses, resources and downloads (+ our disclaimers...
336b an interview with Dr Dean part 2
September 06, 2023 19:10 - 31 minutes - 43.2 MBIn 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 you need. To get help, and to check out our online courses, resources and downloads (+ our disclaim...
336 an interview with Dr Dean part 1
September 05, 2023 19:10 - 32 minutes - 45.3 MBIn 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 get help, and to check out our online courses, resources and downloads (+ our disclaimers and...
335 salary packaging & HECS, rising health care costs, elective egg freezing + more
August 29, 2023 19:10 - 30 minutes - 41.8 MBIn 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 returns! 📝 Episode transcripts We hate email spam so we don’t create it! Sign up to our newsletter to get...
334 investment bonds, investing via a trust, tips for graduates + more
August 22, 2023 19:10 - 34 minutes - 48.1 MBIn today's Q&A Dev discusses: 👉 paying off debt fully vs creating an emergency fund and paying debt off gradually 👉🏼 investment bonds 👉 early career fellow - the pros and cons of buying a $2-3m home 👉🏽 saving 100% towards a home vs 50/50 invest & save 👉🏾 investing via a trust 👉🏿 first graduate job - tips for building a good financial foundation 👉🏻 looking after your mental health TW: Towards the end of the episode Dev gives a trigger warning before sharing some mental health and suic...
333 an interview with Owen Rask part 2 (value investing, index fund bubble + more)
August 15, 2023 19:10 - 41 minutes - 57.5 MBIn today's episode we're continuing part 2 our chat with Owen Rask from the Rask Group talking about: 👉🏾 value investing and how to value a company 👉🏿 the index fund bubble - is it all just hype? 👉🏻 investing as a high net worth individual 👉 Owen's top money win tip Listen to part 1 here! 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...
332 an interview with Owen Rask part 1
August 08, 2023 19:10 - 49 minutes - 68.6 MBIn today's episode we're chatting with Owen Rask, cohost of the Australian Finance Podcast and founder of the Rask Group. Owen shares about his career prior to Rask and what motivated him to start the business, his investment philosophy, thoughts on the home ownership crisis and more. 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 download...
331 an interview with Kate Campbell
August 01, 2023 19:10 - 53 minutes - 74.1 MBIn today's episode, Dev chats with Kate Campbell from the Australian Finance Podcast about: 👉🏻 her story 👉🏾 FIRE 👉🏿 her career 👉 superannuation 👉🏼 money wins 👉🏽 and more! 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 is general financial advice only which does not t...
330 game theory and investments
July 25, 2023 19:10 - 27 minutes - 38.3 MBIn today's episode we're chatting about how the concept of game theory applies to investing! Dev touches on: 👉🏻 what is game theory and how does it work? 👉🏾 nash equilibrium explained 👉🏿 various games/circumstances 👉🏽 common uses of game theory in economics & investing Related listening 🎧 088 what is utility theory? 📝 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...
329 money wins: an interview with Dr Ted
July 18, 2023 19:10 - 51 minutes - 71.5 MBIn today's money wins episode Dev chats with Dr Ted, a junior doctor from Victoria. Ted and Dev discuss: 👉🏾 tips for junior doctors & interns 👉🏻 career pathways in medicine 👉🏾 debt 👉🏿 investing 👉🏻 money tips 👉 and more! 🛑 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 Plan my millennial money professional is produced by SYMO interactive, ho...
328 an interview with Captain FI part 2
July 11, 2023 19:10 - 31 minutes - 43.1 MBIn today's episode we're continuing with part 2 of the interview with Captain FI chatting about: 👉🏾 his investment strategy and income streams 👉🏿 net worth and how he calculated his FI number 👉🏽 his thoughts on "retiring early" 👉 + top tips from his personal finance journey 🛑 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 Plan my millennial ...
327 an interview with Captain FI part 1
July 04, 2023 19:10 - 50 minutes - 69.9 MBIn today's episode, retired pilot Captain FI joins us for a special interview about his journey to reaching FIRE at the age of 30. In part 1 Captain FI shares about: 👉🏿 his childhood and the lessons he learned about money 👉🏻 his training and costs to become a pilot 👉 airline perks 👉🏽 are frequent flyer programs worth it? 👉🏾 achieving an 80% savings rate and if it was worth it 👉🏻 the negatives of being a pilot (some of these will surprise you!) Stay tuned for part 2 next week! We hate...
326 what is accumulative advantage?
June 27, 2023 19:10 - 15 minutes - 22.1 MBIn 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 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), click here. Any advice is general financial ad...
325 how to choose an index fund
June 20, 2023 19:00 - 32 minutes - 44.9 MBLet'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 📝 Epi...
324 EVs: 200,000km Tesla Model 3 update
June 13, 2023 19:10 - 1 hour - 98.9 MBIt'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 breakdown Dr CY's EV novated lease calculator (Make a co...
323 getting into medical school part 2
June 06, 2023 19:10 - 44 minutes - 62 MBToday'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 path...
322 getting into medical school part 1
May 30, 2023 19:10 - 48 minutes - 67.4 MBDue 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 🛑 Pleas...