Dev Raga Personal Finance

Continuing on from last week's episode, Dev and Dr James* go deeper discussing boundaries in small communities, navigating burnout, and how rural doctors approach money, cost of living and investing while working in isolated areas. They chat about:👉🏻 living and working in a tight-knit town👉 boundaries with neighbours and patients👉🏼 isolation, guilt and burnout risks👉🏾 cost of living & lifestyle differences👉🏽 workforce incentives and income realities👉🏿 how James invests and builds wealth long-term*Name changed for privacyDev 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.

In today's episode Dev chats with rural GP Dr James* about why he chose to build his career outside the city. They explore the training pathway, the realities of rural medicine and the unique pros and cons of life as a country doctor. They touch on:👉🏽 why James chose rural over metro👉 the Dean’s Rural List & training pathway👉🏾 what a “rural generalist” actually is👉🏿 biggest clinical challenges in remote settings👉🏻 why patients can be more appreciative👉🏼 pros, cons and common misconceptions*Name changed for privacyDev 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.

In today’s episode Dev unpacks the habits of the quiet wealthy, the people building real wealth without flexing a flashy lifestyle. He covers:👉🏾 what is income? 👉🏿 what is wealth & what does quiet wealth mean?👉🏻 habit 1 - building relationships👉 habit 2 - understanding the difference between income and wealth👉🏼 habit 3 - playing the long game👉🏽 habit 4 - avoiding lifestyle creep👉🏾 habit 5 - consuming quality information👉🏿 habit 6 - valuing boring and repetitive👉🏻 habit 7 - understanding risk & rewardDev 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.

In this episode, Dev chats with Dr Chris Sia about the journey of building Telecare - its early days, scaling operations, selling the business, and what now. They unpack:👉🏾 how Telecare began and the early challenges👉🏼 how the pandemic accelerated growth and demand👉🏿 what the business model looks like today👉 managing full-time work while running a startup👉🏻 how they scaled and built a strong team👉🏾 what it took to sell the business👉🏿 what’s next for Dr Chris Sia and the Telecare teamDev 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.

In today's episode Dev unpacks private lending, touching on:👉🏾 what it is and how it works👉🏿 how big is the market?👉🏻 reasons why someone might borrow using private credit👉 it's benefits👉🏼 it's risks👉🏽 different types of private credit👉🏾 and how people can get access to itDev 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.

In this first half of a two-part chat, Dev speaks with Kabhir* a doctor who migrated from Pakistan to Australia as an international medical graduate (IMG). Kabhir shares how he:👉🏾 trained and specialised in neurosurgery in Pakistan👉🏽 prepared for and passed the AMC exams👉🏿 navigated visas, registration and job offers👉🏻 compared working hours, pay and lifestyle between Pakistan and Australia👉 managed the “downgrade” from registrar at home to starting over here*Name changed for privacyHealth Workforce Locator: https://www.health.gov.au/resources/apps-and-tools/health-workforce-locator/appDev 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.

Lifestyle creep happens when your spending quietly grows with your income. In this episode, Dev unpacks what it is and practical ways to keep it under control, touching on:👉🏾 what is lifestyle creep?👉🏿 what age group does lifestyle creep usually affect more👉🏻 why is it dangerous?👉 ways to reduce the risk of lifestyle creepRelated episodes 🎧 530 what is opportunity cost? Apple Podcast | SpotifyDev 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.

In part 2 of this special 2-part series, Dev continues the conversation with JL Collins - author of The Simple Path to Wealth - digging into the mindset and mechanics of building financial independence that lasts a lifetime. They discuss:👉🏻 stock series vs the book - which one should you read first?👉🏽 why market crashes are a gift when you’re building wealth👉🏿 dividends, buybacks & what makes an asset truly productive👉 asset allocation, bonds & sequence risk in retirement👉🏻 ETFs vs mutual funds, does it really matter?👉🏼 JL’s story of receiving an email from Vanguard founder, Jack Bogle👉🏽 thoughts on legacy wealth & passing money to the next generation 👉🏿 the famous “F U money” clip & what it really meansGet JL's book, The Simple Path to Wealth (Revised & Expanded 2025 Edition): https://amzn.to/4mB3JlIJL's website: https://jlcollinsnh.comJL's famous stock series: https://jlcollinsnh.com/stock-series/JL's famous google talk: https://www.youtube.com/watch?v=T71ibcZAX3IJL in the "Playing with Fire" documentary: https://www.youtube.com/watch?v=GTqGEh1IQewDev 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.