Dev Raga Personal Finance

We're continuing our life stages series and this one's for anyone in their thirties. Dev recommends 6 things to focus on with your money, 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 strategies

066 income protection changes may come!!

090 having a written financial plan

203 what is diworsification?

034 revisit wills, investment properties

014 do you have a will?

032 what is lifestyle creep?

134 what are CP funds? What is a buyers agent?

212 investing truths

🛑 Please read our disclaimer + warnings before listening to this episode

📝 Episode transcript: https://bit.ly/m3meptranscripts

🏡 Join our facebook group for healthcare professionals

💸 Quick links to our resources and $20 off The Glen James Spending Plan

my millennial money medical is produced by SYMO interactive, home of my millennial money.

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

Hosted on Acast. See acast.com/privacy for more information.

What are the best things you can do with your money in your 20s? Dev suggests 6 things to try and master!

🛑 Please read our disclaimer + warnings before listening to this episode

📝 Episode transcript: https://bit.ly/m3meptranscripts

🏡 Join our facebook group for healthcare professionals

💸 Quick links to our resources and $20 off The Glen James Spending Plan

my millennial money medical is produced by SYMO interactive, home of my millennial money.

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

Hosted on Acast. See acast.com/privacy for more information.

Today we're chatting with Dr Tyron March. He's an ICU doctor based in Brisbane, a personal finance enthusiast and the author of Medical Money: A Practical Guide to Personal Finance and Investing for the Junior Doctor. Dev asks Tyron about:

👉🏿 his money story and what shaped his passion for personal finance

👉 the ins and outs of the book including why it's for anyone, not just doctors

👉🏼 ICU training

👉🏽 the qualities of a good doctor

👉🏾 Tyron's side business, MedKit Scrubs (check them out at the link below)

👉🏿 some of the challenges in health care

👉🏻 and his top financial tips

📘 Find Medical Money on Amazon here

Check out MedKit Scrubs

🛑 Please read our disclaimer + warnings before listening to this episode

🏡 Join our facebook group for healthcare professionals

💸 Quick links to our resources and $20 off The Glen James Spending Plan

my millennial money medical is produced by SYMO interactive, home of my millennial money.

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

Hosted on Acast. See acast.com/privacy for more information.

In today's episode Dev explains the purpose of an annuity and how someone might use it as part of their retirement strategy. He covers:

👉 what is an annuity and how does it work

👉🏼 the different types

👉🏽 what happens if you die?

👉🏾 how is taxation handled within annuities

👉🏿 companies that offer them

👉🏻 the good and the bad

Related listening 🎧

episode 84: what is liquidity?

episodes 231-233: a 3-part super series!

Learn more about Altus Financial here: https://bit.ly/altusm3m

🛑 Please read our disclaimer + warnings before listening to this episode

📝 Episode transcript: https://bit.ly/m3meptranscripts

🏡 Join our facebook group for healthcare professionals

💸 Quick links to our resources and $20 off The Glen James Spending Plan

my millennial money medical is produced by SYMO interactive, home of my millennial money.

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

Hosted on Acast. See acast.com/privacy for more information.

In this episode Dev explains the concept of hedging including:

👉🏼 what is a hedge? (no, not the green bushy stuff!)

👉🏽 how hedging strategies work

👉🏾 is hedging the same as an insurance policy?

👉🏿 what is a perfect hedge?

👉🏻 the risk/return trade off

👉 what is a derivative and 4 different types

👉🏼 types of hedging that the average investor can use

👉🏽 and the bottom line!

Learn more about Altus Financial here: https://bit.ly/altusm3m

🛑 Please read our disclaimer + warnings before listening to this episode

📝 Episode transcript: https://bit.ly/m3meptranscripts

🏡 Join our facebook group for healthcare professionals

💸 Quick links to our resources and $20 off The Glen James Spending Plan

my millennial money medical is produced by SYMO interactive, home of my millennial money.

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

Hosted on Acast. See acast.com/privacy for more information.

In this episode Dev breaks down the concept of due diligence including:

👉🏻 what due diligence is

👉 is it illegal if you don't do it?

👉🏼10 steps that you can take to do due diligence

👉🏽 spotting red flags

Take a listen to episodes 76-78 for more around P/E and P/B ratios.

🛑 Please read our disclaimer + warnings before listening to this episode

📝 Episode transcript: https://bit.ly/m3meptranscripts

🏡 Join our facebook group for healthcare professionals

💸 Quick links to our resources and $20 off The Glen James Spending Plan

my millennial money medical is produced by SYMO interactive, home of my millennial money.

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

Hosted on Acast. See acast.com/privacy for more information.

Heads up, this episode touches on sensitive topics relating to divorce and separation. If this is upsetting you may want to skip this episode or take it slow and that's okay. On today's show Dev unpacks the concept of marriage, divorce and separation as well as:

👉 how the divorce process works

👉🏼 some stats around divorce in Australia

👉🏾 what happens with children in the mix

👉🏿 parenting arrangements

👉🏽 what's a property settlement?

👉 what about superannuation and how it's split?

👉🏻 how does it work in WA?

Parenting orders handbook: https://www.familyrelationships.gov.au/document/7261

Check out episode 208 for a deep dive on BFAs

Learn more about Altus Financial here: https://bit.ly/altusm3m

🛑 Please read our disclaimer + warnings before listening to this episode

📝 Episode transcript: https://bit.ly/m3meptranscripts

🏡 Join our facebook group for healthcare professionals

💸 Quick links to our resources and $20 off The Glen James Spending Plan

my millennial money medical is produced by SYMO interactive, home of my millennial money.

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

Hosted on Acast. See acast.com/privacy for more information.

What's the difference between a normal mortgage and a reverse mortgage? Dev explains and touches on:

👉🏾 how they work

👉🏿 how much equity is required

👉🏻 the 2018 ASIC review of reverse mortgages

👉 no negative equity guarantee - what is it?

👉🏼 the costs

👉🏽 pros and cons

👉🏿 other alternatives

👉 and his personal verdict

Learn more about Altus Financial here: https://bit.ly/altusm3m

🛑 Please read our disclaimer + warnings before listening to this episode

📝 Episode transcript: https://bit.ly/m3meptranscripts

🏡 Join our facebook group for healthcare professionals

💸 Quick links to our resources and $20 off The Glen James Spending Plan

my millennial money medical is produced by SYMO interactive, home of my millennial money.

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

Hosted on Acast. See acast.com/privacy for more information.

Dev answers more listener questions:

👉 what's the difference between ETFs and managed funds?

👉🏼 should I put more money into my super or my offset account?

👉🏽 dealing with award rates and the union in your profession

👉🏾 tips for turbo charging your income

👉🏻 and some little known tax deductions

Learn more about Altus Financial here: https://bit.ly/altusm3m

🛑 Please read our disclaimer + warnings before listening to this episode

🎧 Related listening

229 how to pick a stock broker

033 index funds vs ETFs: which is better?

052 cash flow, profit, line of credit!

016 dollar cost what?

125 what is de-accumulation phase?

Tax deductions - check out episodes 94-99, 107, 204-206 and 227!

064 what is capital gains and losses?

📝 Episode transcript: https://bit.ly/m3meptranscripts

🏡 Join our facebook group for healthcare professionals

💸 Quick links to our resources and $20 off The Glen James Spending Plan

my millennial money medical is produced by SYMO interactive, home of my millennial money.

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

Hosted on Acast. See acast.com/privacy for more information.

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

Hosted on Acast. See acast.com/privacy for more information.