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Dev Raga Personal Finance
505 is FIRE even possible with a family? I talk with Cam & Trish
In today's episode Dev chats with Cam and Trish from Family on Fire, a family proving that FIRE (Financial Independence, Retire Early) isnโt 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:
๐๐พ starting their FIRE journey later in life
๐๐ป smashing their mortgage by living on one income
๐ balancing private school fees, extracurriculars, and savings
๐๐ฝ using equity and leverage to grow their investments
๐๐ฟ how a health scare shaped their financial resilience
๐๐พ making FIRE fun with travel and family adventures
๐ the importance of teaching kids financial literacy
๐๐ฝ their "boring" strategy
You can follow Cam & Trish's journey at https://www.familyonfire.com.au
Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.
Need a mortgage broker? Check out https://www.spherehomeloans.com.au
Need to review your personal insurances? Head to https://skye.com.au
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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 trading as money money money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services license 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
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606 what is private equity?
15:27||Season 6In this episode Dev explains how private equity works, touching on:๐๐พ what is a private equity firm๐๐ฟ what is an accredited investor๐๐ป private equity specialities๐ how do you invest in private equity๐๐ผ how does it compare to investing in index funds๐๐ฝ fees and transparency๐๐พ pros, cons and criticismsDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
605 what is the J curve?
09:00||Season 6In this episode Dev explains what a J curve is, touching on:๐๐พ how does the J curve help venture capital and private equity investors๐๐ฟ the stages of a J curve๐๐ป what influences the J curveDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
604 how does war & global conflict affect investment markets?
18:32||Season 6In this episode Dev discusses the various wars and conflicts across the decades and how they've affected the markets. He also unpacks why this is the case, plus the concepts justice of war vs justice in war.Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
603 TPD insurance is changing: what you need to know with Phil Thompson
46:57||Season 6In this episode, Dev is joined by returning guest Phil Thompson, CEO and insurance adviser from Skye Wealth to break down the changes to Total and Permanent Disability (TPD) insurance and why it matters. They talk about:๐๐พ TPD vs trauma insurance๐๐ฟ why some insurers are making changes to TPD๐๐ป 3 new TPD policies being offered by some insurers๐ will more insurers follow suit?๐๐ฝ how will this affect TPD within super?๐๐ผ some of the things to watch out for if considering switchingDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
602 mortgage check-ins, medical lending, building pitfalls, offset vs redraw + more
45:07||Season 6In this episode Dev is joined by returning guest Rachelle Kroon, founder of Sphere Home Loans for a mortgage and lending chat. They discuss:๐ interest rates in 2026๐๐พ why an annual mortgage review matters๐๐ฟ common mortgage traps medical professionals fall into๐๐ฝ why it's important to engage a mortgage broker who specialises in medical lending๐๐ป offset vs redraw and why use each๐ first home buyer schemes like the 5% guarantee vs shared equity๐๐ผ how banks locum, sole trader or newly self-employed? how banks really assess income๐๐ฝ how construction loans work๐ using valuations and equity strategicallyDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
601 this is what I do in January
13:13||Season 6In this episode we cover some of the basic things I do every January to kick start the calendar year.๐๐พ review budgets๐๐ฟ protect my downside risk๐๐ป review debts, interest rates, terms and condition๐ keep investing๐๐ผ review all insurances๐๐ฝ practice giving๐๐พ make goals for the yearPast episodes on budgets:545 budgeting types explained218 budgeting strategiesDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
best of 2025: how to maximise pay day
44:19||Season 6In this episode Dev unpacks 8 essential habits and strategies to help you achieve financial stability and long-term success.Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
best of 2025: timeless principles of investing
21:29||Season 5Some investing strategies come and go, but the best ones stand the test of time. Dev shares 5 timeless investing principles to help you build lasting wealth.Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
551 the 10 lessons I've learned in 2025 - Merry Christmas and Happy New Year!
12:51||Season 5In this episode it's time to reflect on the 10 things I have learned in 2025, and its not always about finance. Have a good Christmas and New Year period.Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.