Dev Raga Personal Finance

Hosted by Dev Raga

Business Education

Website RSS feed

Episodes

378

Latest episode

Jun 2026

Language

About the show

Money concepts made simple for busy professionals, hosted by Melbourne-based doctor Dev Raga. New episodes every Wednesday. Formerly named my millennial money professional Hosted on Acast. See acast.com/privacy for more information.

Listen to episodes

60 recent

June 16, 202648 min

623 investing for kids, choosing your accountant, family loans, retirement + more with Dr Ken

In this episode, Dev chats with return guest and retired GP, Dr Ken McMahon to get his thoughts on:👉🏾 investing for kids👉🏿 selecting an accountant & financial adviser👉🏻 preparing for a retirement lifestyle👉insurances and self-insuring👉🏼 lending money to family👉🏽and if BFAs are worth itDev's first interview with Ken: 527 lessons from 50 years of investing (with a retired GP!)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.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.

June 9, 202626 min

622 economics of EVs: 350,000km in an EV - is it still worth it?

Dev is back with his seventh EV update! After trading in his Tesla Model 3 in 2024, he's now 90,000km into his second one. In this episode he covers:👉🏾 the cost savings of his first Model 3👉🏿 the numbers on his second Model 3👉🏻 does it make sense to buy an EV in 2026?👉 comparing costs to an ICE car👉🏽 pros & cons of having an EV👉🏼Dev's top tips for buying carsRelated episodes:058 the economics of electric cars!093 EV cost analysis: 12 months of driving a Tesla123 EVs: 100,000km Tesla Model 3 update225 EVs: 150,000km Tesla Model 3 update324 EVs: 200,000km Tesla Model 3 update428 economics of EVs: Tesla M3 265,000km - the end!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.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.

June 2, 202618 min

621 the downsides to being wealthy

Having lots of money has it's advantages, but it can also come with added challenges. In today's episode Dev unpacks these, touching on:👉🏾 trust and relationship issues👉🏿 family issues👉🏻 suspicion👉 lack of privacy👉🏼 rising stress👉🏽 social isolation👉🏾 judgement and pressure👉🏿 personal risk👉🏻 achievements become devalued👉 morality👉🏼 raising children👉🏽 his 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.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.

May 26, 202647 min

620 index funds with Vince Scully from Life Sherpa Invest

In this episode Dev & Vince Scully, Portfolio Manager at Life Sherpa Invest dig into what most index fund podcasts don't tell you, that the index you pick matters just as much as the decision to invest in one. They touch on:👉 the current interest rate environment👉🏾 why index investing isn't truly passive👉🏿 the ASX 200 is basically banks and miners, your "diversified" fund might not be👉🏻 small cap and micro cap funds can massively outperform big indexes but fees are higher👉🏽 why asset allocation is so important to your strategy👉🏼 the market charts you see online don't include dividendsConnect with Vince or learn more about Life Sherpa Invest at: https://lifesherpa.com.au/investDev 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.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.

May 19, 202644 min

619 CGT, negative gearing changes & first home buyers with Rach Kroon (this is property)

Rachelle's book, The Quick-Start Guide to Your First Property is available here: https://amzn.to/4svhyoHThe 2026 federal budget landed with major changes for property investors and first home buyers. Rachelle Kroon from Sphere Home Loans joins Dev to unpack what it all means, touching on:👉🏾 capital gains tax👉🏿 negative gearing👉🏻 how grandfathering will work👉first home buyer schemes and grants👉🏼 parental guarantee vs the Government guarantee risks & considerationsDev 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.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.

May 12, 202638 min

618 there's more to life than money: global health, charity work & why giving back matters

What does a fulfilling medical career look like beyond the income? Dev sits down with Dr Jono, an emergency physician, point-of-care ultrasound specialist and co-founder of Tambe Global to explore why giving back might be one of the most valuable investments you make as a clinician. They touch on:👉🏾 career opportunities in emergency medicine👉🏿 Jono's path into global health, starting the PEARLS program & establishing a charity organisation👉🏻 pros & cons of charity work for doctors👉 the practicalities of doing overseas charity work: getting the right visa, taking leave, indemnity insurance👉🏼 what opportunities exist for doctors?👉🏽 navigating the emotional impact of high stakes workLearn more about Jono's work below:https://www.tambeglobal.org/www.youtube.com/@PEARLS_POCUSwww.twitter.com/PEARLS_POCUSResearch paper: https://onlinelibrary.wiley.com/doi/10.1002/ajum.70014Dev 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.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.

May 5, 202617 min

617 what is a Transition To Retirement income stream? (TTR)

In this episode Dev explains how people approaching retirement can access their super while still working. He touches on:👉🏾 what is a transition to retirement pension is and how to make use of it👉🏿 what is preservation age and how is calculated👉🏻 when can you use a TTR?👉 why was it created?👉🏼 how does tax work with a TTR👉🏽 the pros and consRelated episodes: 🎧 612 what is the super recontribution strategyDev 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.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.

April 28, 202611 min

616 MLMs vs Pyramid Schemes

In today’s episode Dev explains the difference between Multi-Level Marketing (MLM) and Pyramid Schemes touching on:👉🏾 what is MLM and how does it work👉🏼 how much do most MLM participants actually make👉🏿 what is a Pyramid Scheme and why are they illegal👉🏻 real examples of legitimate MLMs👉 is joining an MLM actually worth it?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.auAny 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.

April 21, 20261 hr 12 min

615 the business mechanics of GP practice ownership

In today's episode, Casey Going from Going Medical Group joins Dev to share about the ins and outs of buying and running his rural hometown GP practice. Casey touches on:👉🏼 how the opportunity came up👉🏽 operating a large practice👉🏾 training & accreditation for registrars👉🏿 key considerations for buying a practice👉🏻 billing structure, profitability and operating costs👉 what's included when you buy a practice👉🏼 funding the purchase👉🏽 recruiting and retaining GPs👉🏾 incentives for rural practices👉🏿 exit strategies for practice ownersConnect with Casey: casey.going@mbspro.com.auRACGP Practice Ownership Conference: https://practiceownersconference.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.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.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.

April 14, 202621 min

614 what is a family office?

In this episode Dev explains the concept of a family office. He covers:👉🏽 what is net worth and how is it calculated👉🏾 what is an ultra-high net worth individual?👉🏿 what is a family office and how does one work?👉🏻 types of family offices: single, multi and virtual👉 responsibilities of a family office👉🏼 pros & cons of having one👉🏽 what is an embedded family office?🎧 Listen: how does war & global conflict affect investment markets?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.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.