Dev is joined by mortgage broker Rachelle Kroon from Sphere Home Loans to answer common lending questions from healthcare workers. They dive into: 👉 the pre-approval process 👉🏽 how to navigate lending with variable income 👉🏼 what to know before taking parental leave or a fellowship 👉🏿 special lending benefits for healthcare professionals 👉🏻 why cross-collateralisation can limit flexibility 👉🏾 how interest rate cuts impact borrowing capacity Learn more about Sphere Home Loans here: htt...
Jun 24, 2025•41 min
In today's episode Dev explains the concept of strategic asset allocation and touches on: 👉🏾 what it is 👉🏿 the 4 main asset classes 👉🏻 target allocation factors 👉 risk tolerance 👉🏼 investment horizon 👉🏽 return objectives and expectations Related episodes 🎧 440 sequence of returns risk & how it affects your retirement: Apple | Spotify 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,...
Jun 17, 2025•16 min
In today's episode Dev unpacks the changes to superannuation that you need to know come 1 July 2025. He covers: 👉🏾 carry forward contributions 👉🏿 minimum pension drawdown 👉🏻 superannuation guarantee increase to 12% 👉 transfer balance cap 👉🏼 defined benefit income caps Related episodes: 231 superannuation part 1 - Apple | Spotify 232 superannuation part 2 - Apple | Spotify 233 superannuation part 3 - Apple | Spotify We hate email spam so we don’t create it! Sign up to our newsletter to g...
Jun 10, 2025•31 min
In this episode Dev covers some basic last minute tax tips for individuals and businesses before financial year 2025 comes to a close! He touches on: 👉🏽 prepaying interest and expenses 👉🏼 offsetting capital gains with capital losses 👉🏿 personal super contributions 👉🏻 the $20k instant asset write-off for business owners 👉🏾 the $500 co-contribution scheme for low-mid income earners 👉🏼 claiming home office expenses 👉🏽 trust beneficiaries 👉🏿 excess contributions and the div 293 tax W...
Jun 03, 2025•27 min
In this episode, Dev chats with Chris Brycki, founder and CEO of Stockspot, about their new superannuation product, Stockspot Super. They unpack how it compares to traditional super funds, why it's built around ETFs, and how it handles fees, risk, insurance, and tax efficiency. The chat touches on: 👉🏾 why Stockspot launched a super product 👉🏿 how Stockspot Super differs from other super funds 👉🏻 what investments are included in the portfolio 👉 a breakdown of fees and who they go to 👉🏽 h...
May 27, 2025•50 min
In this episode Dev unpacks the three pillars of investing: risk, return, and volatility. He covers: 👉🏿 how to figure out your personal risk tolerance 👉🏻 why chasing high returns usually means more risk 👉 what volatility actually means (and why it’s normal) 👉🏼 what is the efficient frontier 👉🏽 how diversification helps manage risk 👉🏾 the impact of inflation on long-term returns 👉🏻 modern portfolio theory 👉🏿 why past performance isn’t a reliable guide 👉 the importance of aligning ...
May 20, 2025•16 min
Please note that this episode was recorded before the May 2025 Federal Election. In today's episode Dev unpacks the proposed Division 296 legislation which will impact super balances of $3 million and above. He touches on: 👉🏾 superannuation concepts 👉🏿 the function of super 👉🏻 what is the div 296 tax? 👉 who will it impact 👉🏼 any exceptions or special rules You can read more about the legislation here: https://ministers.treasury.gov.au/sites/ministers.treasury.gov.au/files/2023-03/better...
May 13, 2025•26 min
In today's episode Dev explains what a listed investment company is and how it works. He covers: 👉🏾 the investment options 👉🏿 management and fees 👉🏻 the difference between LICs and LITs 👉 examples of LICs 👉🏼 and their pros and 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, books, resources and downloads (+ our disclaimers and warnings), click he...
May 06, 2025•17 min
In today's episode, Dev sits down with Felipe Araujo, CEO of Generation Life, to unpack everything you need to know about investment bonds. They cover: 👉🏽 what investment bonds are and how they work 👉🏼 who investment bonds are most suited to 👉🏿 tax benefits compared to investing outside a bond 👉🏻 how asset protection and estate planning features work 👉 fees, investment options, and how to withdraw funds We hate email spam so we don’t create it! Sign up to our newsletter to get only the ...
Apr 29, 2025•51 min
In this episode, Dev sits down with Dr Carmen Brown, an American-trained OB/GYN who made the bold decision to leave the US healthcare system and start a new life and career in Australia and New Zealand. They dive into Carmen’s medical journey, the brutal realities of student debt and burnout in the US, and why Australia & New Zealand offered not just better working conditions, but a new lease on life. Carmen also shares how she built her consulting business Expat MD to help other doctors do ...
Apr 22, 2025•1 hr 6 min
Let's talk about debt! Dev covers: 👉🏿 what is debt? 👉🏻 deductible vs non deductible debt 👉 what is debt recycling 👉🏼 the pros and cons of debt recycling 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 advice only which does not take into account...
Apr 15, 2025•25 min
In today's episode Dev unpacks the concept of a doom loop, touching on: 👉🏿 what it is and how it works 👉🏻 what is a flywheel effect? 👉 the main causes 👉🏼 and how to break the doom loop 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 advice only ...
Apr 08, 2025•17 min
In this episode, Dev chats with Vanessa* who is a practicing dentist and private practice owner about her 30+ year journey in dentistry. From getting into dental school to navigating staff management and overheads, Vanessa shares what it’s really like to run a dental practice and how she’s built long-term wealth along the way. *Name changed for privacy. Her journey includes: 👉🏾 getting into dental school & early career challenges 👉🏿 private vs public dentistry: work, income & opportu...
Apr 01, 2025•40 min
The 4% rule is a go-to for retirement planning, but does it actually hold up? In this episode, Dev Raga breaks down what the rule gets right, where it falls short, and how you can tweak it for a more secure future. He dives into: 👉🏻 why the 4% rule was created and if it still works today 👉 how market downturns and fees can derail your retirement 👉🏼 the hidden power of paying off your mortgage before retiring 👉🏽 asset allocation strategies to make your money last longer 📝 Episode transcri...
Mar 25, 2025•17 min
Jeff* is 25, a junior doctor, and already owns a home with a growing $120K share portfolio. He joins Dev to share how he got here including his journey through private medical school, navigating doctor-friendly home loans, and the investing strategy that’s setting him up for financial freedom. *Name has been changed for privacy. Jeff's story touches on: 👉🏾 the cost of private medical school & fee-help loans 👉🏿 moving for work & how it shaped his career 👉🏻 current income, outgoings ...
Mar 18, 2025•49 min
Some investing strategies come and go, but the best ones stand the test of time. In today's episode Dev shares 5 timeless investing principles to help you build lasting wealth, including: 👉🏾 having a clear financial plan 👉🏿 why diversification is key 👉🏻 minimising your investment costs 👉 having a long-term perspective 👉🏼 and knowing when to stop playing the game 📝 Episode transcripts We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, car...
Mar 11, 2025•21 min
Today's episode is a special one as Dev sits down with Sarah*, a GP who shares her deeply personal and inspiring journey with money. Sarah shares how an arranged marriage ended in divorce and how she rebuilt financial freedom for herself and her children. *Name has been changed for privacy. Sarah's story touches on: 👉🏾 her med school journey in the UK 👉🏿 growing up with a scarcity mindset in an immigrant family 👉🏻 entering an abusive arranged marriage at a young age 👉 how divorce impacted...
Mar 04, 2025•46 min
More income, more security...right? Not always. In this episode, Dev unpacks the "two-income trap," a concept made famous by Elizabeth Warren, and why earning more doesn’t always mean financial freedom. He touches on: 👉🏾 what the two-income trap is and why it matters 👉🏿 how rising fixed costs (housing, childcare) eat away at extra income 👉🏻 why dual-income households can still face financial stress 👉 whether staying home with kids should be considered "paid work" 👉🏼 practical ways to av...
Feb 25, 2025•16 min
One of the questions that commonly gets asked from doctors and other professionals is how to plan for retirement, as many struggle to settle into retirement after working for 30+ years. In today's episode, Dev chats with Joanne Earl, Professor of Psychology at Macquarie University. They touch on: 👉🏾 the 6 buckets to focus on in your transition to retirement 👉🏻 is working long term a bad idea? 👉🏼 managing boredom in retirement 👉🏽 navigating losing more loved ones in old age 👉 how to prac...
Feb 18, 2025•45 min
In today's episode, Dev explains the concept called "paradox of thrift". He touches on: 👉🏾 what it is 👉🏿 real world examples such as a recession 👉🏻 the circular flow economic model 👉 Keynesian economics 👉🏼 it's flaws and criticism Related episodes: 🎧 070 recessions and depressions! 📝 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...
Feb 11, 2025•12 min
In today's chat, wills and estates lawyer Marlee Viero from Nest Legal returns to chat with Dev about wills, estate planning, and how to protect your wealth for future generations. They break down common mistakes, digital assets, tax traps, and whether a testamentary trust could be right for you. The episode touches on: 👉🏾 why estate planning is more than just a will 👉🏻 common pitfalls people make with their assets 👉🏼 how to protect wealth across generations 👉 is there a death tax in Aust...
Feb 04, 2025•46 min
In today's episode Dev chats with Cam and Trish from Family on Fire, a family proving that FIRE (Financial Independence, Retire Early) isn’t just for singles or couples without kids. They share their unique journey of smashing the mortgage, balancing family life, and building financial independence, all while raising three kids. The interview touches on: 👉🏾 starting their FIRE journey later in life 👉🏻 smashing their mortgage by living on one income 👉 balancing private school fees, extracurr...
Jan 28, 2025•1 hr
In light of America's political climate, let's talk about what tariffs are and why they matter. Dev covers: 👉🏻 how they work 👉 why tariffs are used 👉🏼 their pros and cons 👉🏽 and unintended consequences 📝 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, books, resources and downloads (+ our disclaimers and warnings), click here . Any ...
Jan 21, 2025•24 min
In today’s episode Dev explains dividends, touching on: 👉🏾 what are dividends? 👉🏿 cash vs shares 👉🏻 dividends vs distribution 👉 who pays for dividends? 👉🏼 dividend dates 👉🏽 why do companies pay dividends? 👉🏾 how does a dividend affect stock prices? 👉🏿 franking credits 👉🏻 dividends and taxes 👉 dividends and dilution 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...
Jan 14, 2025•19 min
In today’s episode Dev explains essential financial habits and strategies, including setting up an emergency fund, budgeting, and exploring investment options, to help you achieve financial stability and long-term success. touching on: 👉🏿 set up an emergency fund 👉🏻 never borrow money to buy depreciating assets 👉 stick to a budget 👉🏼 maintain a proper emergency fund 👉🏽 pay yourself first to prioritize savings 👉🏿 explore various investment options 👉🏻 automate your financial processes...
Jan 07, 2025•44 min
In today’s episode, Dev explains habits and principles that can lead to financial success and stability, touching on: 👉🏿 protect your downside risk 👉🏻 avoid unnecessary debt 👉 drive an average car 👉🏼 live modestly 👉🏽 exercise regularly 👉🏿 rise early to make the most of the day 👉🏻 diversify your income and investments 👉 set long-term goals to guide your decisions 👉🏼 be frugal without being cheap 👉🏽 develop an appetite for learning and seek mentorship Related episodes 🎧 👇 413 l...
Dec 31, 2024•23 min
While we’re on a break, here’s a fan-favourite episode to keep you company In today’s episode Dev interviews Dave Gow of Strong Money Australia, touching on: 👉🏾 savings rate? 👉🏿 property vs shares 👉🏻 financial independence retire early (F.I.R.E) principles 👉 debt and recycling 👉🏼 superannuation 👉🏽 children and financial independence 👉🏾 approach to investing 👉🏿 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...
Dec 24, 2024•56 min
While we’re on a break, here’s a fan-favourite episode to keep you company. We’re bringing back this gem from earlier in the year – enjoy. Dev Raga continues his tradition of comparing his Tesla Model 3 SR+ which he purchased in 2019 with his previous Diesel. In this episode he focuses on the economics of EVs, and whether it makes sense to purchase EVs in a high cost of living climate. He touches on: 👉🏿 petrol/diesel prices 👉🏻 servicing costs 👉 all the features EV's offer 👉🏼 the annoying ...
Dec 17, 2024•1 hr 3 min
In today’s episode Dev explains arbitrage, touching on: 👉🏾 what is arbitrage? 👉🏿 what is an efficient market hypothesis? 👉🏻 what is arbitrage pricing theory? 👉 the various types of arbitrage? 👉🏼 some specifics of arbitrage? Related episodes 🎧 👇 026 what is arbitrage? 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 (+ o...
Dec 10, 2024•20 min
In today’s episode Dev interviews Alex Luck of Everest Wealth, touching on: 👉🏾 what is an SMSF? 👉🏿 what can I do with SMSF that I can't do with normal industry super/retail funds 👉🏻 fees associated 👉 at what value is an SMSF cost effective? 👉🏼 what about rules and taxes? 👉🏽 what happens if some people in accumulation phase, and others in retirement phase? 👉🏾 do all members have to be invested in same asset class? 👉🏿 what about insurance? 👉🏻 who is responsible for investment deci...
Dec 03, 2024•45 min
