Dev Raga Personal Finance

In this episode we talk about the concept of the 'crossover point' or 'tipping point', where your investment returns start to exceed the actual cash you're putting in. We cover:👉🏾 the concept of FIRE👉🏿 calculating your retirement number👉🏻 the engines of growth👉 finding the tipping point👉🏼 when more investing doesn't move the needle that much👉🏽 the big lesson for FIRE chasersDev 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.

The standard property advice out there is to buy a home and hold it long term, but what if you need to move around for work? In this episode we discuss some of the property strategies for junior doctors who may experience this during medical training. We look at worked examples of what would happen if you:👉🏾 buy a home and then sell it when you move 👉🏻 live in your home for a short period then rentvested👉🏿 rentvested from day 1👉 and we compare a short vs longer training programDev 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 we work through some of the practical tips and tricks to get your internship started. In fact, you can use these same principles when you are starting a new role as a HMO, RMO, registrar or even a consultant. This shows that money and finances is all about principles and concepts, and also about behaviour.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.

In today’s episode Dev unpacks the current paid parental leave entitlements, touching on:👉🏾 what is the paid parental leave scheme👉🏿 how does it compare for Commonwealth vs employer based schemes👉🏻 some of the pitfalls to avoid👉 strategies to maximise your parental leaveDev 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 how automating your investing can fast track your wealth-building journey touching on:👉🏾 automating vs doing everything manually👉🏿 real life examples and $$ difference👉🏻 6 practical ways to setup automation in your everyday life👉 how it can lead to less stress in your financial lifeDev 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.

Superannuation reform has been making headlines recently, so let's talk about the arguments for and against accessing super early. Dev touches on:👉🏾 it's my money, why can't I access it?👉🏿 the tax advantages 👉🏻 what happens if early access is allowed?👉 the power of compounding👉🏼 what if I can invest it better?👉🏽 the COVID experiment - what happened when people were allowed early access?👉🏾 why not just give me 12% more salary?👉🏿 why not make super optional?👉🏻 the argument for choice👉 Dev's final thoughtsDev 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 is joined by Rachelle Kroon from Sphere Home Loans for an update on the current lending landscape. They touch on:👉🏾 how the May budget impacted investors👉🏿 the changes to SMSF lending👉🏻 banks offering new lending policies like 40 year loan terms👉 will the property market crash as bad as the media reports?👉🏼 the opportunity for first home buyers & upsizers👉🏾 how can people prepare in a rising rate environment?The Quick-Start Guide to Your First Property by Glen James & Rachelle Kroon is available now: https://amzn.to/4svhyoHInterested in chatting with a mortgage broker? Check out https://www.spherehomeloans.com.auDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need 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 explains the World Bank's Pillars of Retirement, touching on:👉🏾 why the framework was created👉🏿 what are the 5 pillars👉🏻 how does Australia compare?👉 what we can take away from the framework for our own retirement planningDev 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 explains the concept of recursive self improvement and how it relates to the use of AI and your personal finances. He also touches on:👉🏾 how people can partner with AI in their finances👉🏿 the pros of this👉🏻 the risks involved👉Dev's take on using AI in personal financeDev 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.