Episodes

  • 533 concessional contributions are maxed, div 296 tax + how much do I need to retire with Vince Scully (part 2)
    Aug 19 2025

    Today's episode is the second half of Dev's chat with Vince Scully from Life Sherpa (listen to last week's episode for part 1!), where Dev and Vince discuss:


    👉🏻 should you make non concessional contributions or invest outside super?

    👉 the div 296 tax

    👉🏼 how much do you need in retirement


    Check out Dev's episode on Div 296 here: Apple Podcast | Spotify


    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


    To 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.

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    50 mins
  • 532 invest vs pay mortgage, borrowing for cars, pay off or leave HELP debt + more with Vince Scully (part 1)
    Aug 12 2025

    In this 2 part chat, Dev is joined by Vince Scully from Life Sherpa to unpack your questions. In part 1 they touch on:


    👉🏿 pay off mortgage vs invest vs super

    👉🏻 using debt recycling

    👉 buying a car with cash or a car loan

    👉🏼 should you pay off or leave your HECS/HELP debt


    Article - Should you buy a car with cash or car loan: https://lifesherpa.com.au/articles/why-paying-cash-for-your-car-is-wrong


    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


    To 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.

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    38 mins
  • 531 what is capital gains tax?
    Aug 5 2025

    Capital gains tax aka CGT - let's talk about it! Dev unpacks:


    👉🏿 what is a capital gain + short vs long term gain

    👉🏻 what is capital gains tax

    👉 exemptions

    👉🏼 what are personal use items?

    👉🏾 how does joint ownership affect CGT

    👉🏽 what is cost base

    👉🏻 examples of CGT calculations


    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


    To 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.

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    27 mins
  • 530 what is opportunity cost?
    Jul 29 2025

    In this episode Dev explains the concept of opportunity cost, touching on:


    👉🏾 what it is and how it differs from sunk cost

    👉🏿 a formula for working out opportunity cost

    👉🏻 where you can apply the concept of opportunity cost beyond finances


    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


    We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.


    To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), 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.

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    17 mins
  • 529 the 5 fundamental rules every smart investor follows
    Jul 15 2025

    There’s no shortage of investing advice out there, but some principles stand the test of time. In this episode, Dev breaks down 5 essential rules that smart investors live by. Simple, powerful habits to help you build real wealth over time.


    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


    We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.


    To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), 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 authorized representative of Money Sherpa 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

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

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    12 mins
  • 528 Stockholm syndrome in investing
    Jul 8 2025

    Can Stockholm Syndrome apply to your investing strategy? Let's take a look! Dev unpacks:


    👉🏾 what exactly happened in 1973

    👉🏿 how the term Stockholm Syndrome came about

    👉🏻 how this is relevant to investing

    👉 and a worked example


    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


    We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.


    To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), 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 authorized representative of Money Sherpa 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

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

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    14 mins
  • 527 lessons from 50 years of investing (with a retired GP!)
    Jul 1 2025

    In this episode we pick the brain of Dr Ken who is a retired GP and part of the original FI movement. He has been a clinician and a patient investor over 50 years and has built a large portfolio. We discuss his medical and financial journey, and touch on some valuable lessons along the way. I also ask him about the controversial Div 296 tax and have his take on it, as he will be affected by that tax. This one should not be missed.


    Ken's recommended reads:


    About investing for life goals - The Aspirational Investor by Ashvin Chhabra: https://amzn.to/3I92St3 Lecture on YouTube: https://youtu.be/Oe5zbOVDzMo?si=DojiE3N4sdK27qeC

    Great advice for aspiring investors - How a Second Grader Beats Wall Street by Allan Roth: https://amzn.to/44kJceJ

    Big picture on investing - The Birth of Plenty by William J Bernstein: https://amzn.to/3GmYExw

    Investing cautionary tales - Devil Take the Hindmost by Edward Chancellor: https://amzn.to/44HPrZZ


    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


    We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.


    To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), 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 authorized representative of Money Sherpa 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

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

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    57 mins
  • 526 lending for medical professionals: pre-approvals, parental leave, borrowing strategies + more
    Jun 24 2025

    Dev is joined by mortgage broker Rachelle Kroon from Sphere Home Loans to answer common lending questions from healthcare workers. They dive into:


    👉 the pre-approval process

    👉🏽 how to navigate lending with variable income

    👉🏼 what to know before taking parental leave or a fellowship

    👉🏿 special lending benefits for healthcare professionals

    👉🏻 why cross-collateralisation can limit flexibility

    👉🏾 how interest rate cuts impact borrowing capacity


    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


    We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.


    To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), 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.


    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

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

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    41 mins