In today’s episode Dev answers some of your questions, touching on: 👉🏾 overtime and sustainability? 👉🏿 ways to pay back credit cards? 👉🏻 increase earning potential? 👉 taxation for RNs, 👉🏼 high income earns and trusts? 👉🏽 property vs shares Related episodes 🎧 👇 348 income per unit time vs income per unit effort 094 income and deductions! 099 little …

In today’s episode Dev continues his interview with Phil Thompson - an insurance expert, going in-depth on: 👉🏽 income protection and life insurance 👉🏾 trauma insurance and TPD 👉🏿 claim rejections 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 t…

In today’s episode Dev interviews Phil Thompson - an insurance expert, touching on: 👉🏾 the basics of insurance 👉🏿 difference of a financial advisor and insurance advisor 👉🏻 insurance via TV ads 👉 the concept of self-insurance 👉🏼 super vs non-super insurance 👉🏽 income protection and life insurance 👉🏾 trauma insurance and TPD 👉🏿 claim rejections http…

In today’s episode, Dev continues his interview with special guest Marlee Viero who is a wills lawyer from Nest Legal. In the 2nd part of this chat Dev and Marlee touch on: 👉🏾 the role of the executor; administering the estate 👉🏿 probate vs grants 👉🏻 the role of the court 👉 invalidity of the will 👉🏼 who can challenge a will 👉🏽 digital assets Find o…

In today’s episode Dev interviews special guest Marlee Viero who is a lawyer specialising in wills and estate planning. They chat about: 👉🏾 what happens when you don't have a will? 👉🏿 do it yourself will kits 👉🏻 what is an executor? 👉 what is a beneficiary? 👉🏼 what is a guardian? 👉🏽 what about kids under 18? 👉🏾 distribution of assets, special items…

In today’s episode Dev interviews special guest AG who day trades, touching on AG's experience with crypto and his personal investing philosophy. They chat about: 👉🏾 what is cryptocurrency and how do you make money from it? 👉🏿 costs of trading 👉🏻 net worth and income 👉 what is day trading and how one can compete with with "big people" 👉🏼 is time in…

In today’s episode Dev explains money mistakes doctors make, touching on: 👉🏾 not prioritizing relationships, 👉🏿 not doing a will and estate plan, 👉🏻 training for far too long, waiting to become a consultant 👉 poor soft skills, 👉🏼 complicating their financial life Related episodes 🎧 208 what is a prenuptial or binding financial agreement? We hate em…

In today’s episode Dev explains money mistakes doctors make, touching on: 👉🏾 not having a budget or financial plans 👉🏿 debt 👉🏻 lifestyle creep 👉 under insuring themselves Related episodes 🎧 117 what is automation? 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. …

In today’s episode Dev explains buying commercial property, touching on: 👉🏿 types of commercial property 👉🏻 things to look for when buying a commercial real estate 👉 the pros & cons 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 ou…

In today’s episode Dev explains the concept of a share buy back, touching on: 👉🏿 shares outstanding 👉🏻 why a company buys their own shares 👉 how a company would buy back their own shares 👉🏼 earnings per share 👉🏽 price to earnings ratio 👉🏾 advantages of share buy backs 👉🏿 buy backs vs share dividends 👉🏻 share buy backs vs arbitrage 👉 his personal vi…

In today’s episode Dev explains debt recycling, touching on: 👉🏾 debt 👉🏿 deductible vs non-deductible debt 👉🏻 debt recycling 👉 tax savings 👉🏼 advantages of debt recycling 👉🏽 disadvantages of debt recycling 👉🏾 final things to consider We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and prope…

In today’s episode Dev interviews renal fellow, Dr. VJ touching on: 👉🏾 his income 👉🏿 his savings rate 👉🏻 locuming 👉 his view on debt 👉🏼 personal insurance 👉🏽 kids and public vs private school 👉🏾 retirement strategy 👉🏿 and money wins We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and prope…

In this episode, Dev answers your questions: 👉🏾 how do you balance ethical practice, making enough money, and pursuing your own passions? 👉🏿 what is redundancy insurance? 👉🏻 sole trader tips for managing money owed to the ATO 👉 income protection inside super vs outside super We hate email spam so we don’t create it! Sign up to our newsletter to get…

In this episode Dev has a chat with Balaji Gopal from the Head of Distribution & Financial Adviser Services at Vanguard Australia. Dev and Balaji discuss: 👉🏾 the Vanguard Personal Investor platform 👉🏿 the cost of Australian funds vs US funds 👉🏻 is Vanguard chess-sponsored and if not, why? 👉 does it cost money to hold money in the cash account? 👉🏼 t…

Welcome to a new season, and a new name! Long time listeners might find it familiar...😉 In this episode Dev unpacks the concept of downside risk, touching on: 👉🏾 what is downside risk and the essential components 👉🏿 how to measure it 👉🏻 how to protect yourself against it 👉 and the pros and cons of risk protection Related links: A good overview of d…

In todays episode replay, Dev shares some money moves to consider making in your 40s and 50s, including: 👉🏾 managing debt 👉🏿 reviewing your net worth to see if you are you on track 👉🏻 preserving and protect your wealth 👉 pumping that superannuation fund! 👉🏼 determining how much you need in retirement 👉🏽 work choices and children's needs Related lis…

In today's top episode replay Dev shares 6 money milestones for those in their 30s, 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 …

Happy holidays, we're bringing back a listener favourite! In today's episode replay Dev suggests 6 money tips to master in your 20s. 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, resources and downloads (+ our …

In this episode Dev explains the concept of right sizing, including: 👉🏾 methods of rightsizing 👉🏿 the steps involved 👉🏻 the pros and cons 📝 Episode transcripts 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, reso…

In this episode Dev explains the concept of downsizing as it relates to businesses and companies, touching on: 👉🏻 examples 👉 reasons for downsizing 👉🏼 types of mergers and acquisition 👉🏽 pros & cons 👉🏾 and downsizing strategies 📝 Episode transcripts We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, …

In this episode Dev chats with Dr Nicole Higgins, President of the Royal Australian College of General Practitioners (RACGP). They touch on: 👉🏾 a bit about Dr Higgins and what the RACGP does 👉🏻 general practice as a speciality 👉 workforce challenges 👉🏼 rebates and bulk billing 👉🏿 the cost of health care 👉🏽 capitation, and more! We hate email spam s…

In today’s episode Dev explains his concept of income per unit time and income per unit effort, touching on: 👉🏾 what is income per unit time 👉🏿 why is IPUT (income per unit time) important 👉🏻 businesses vs revenue per unit sales 👉 what is income per unit effort 👉🏼 pros and cons of both concepts 📝 Episode transcripts We hate email spam so we don’t c…

In today’s episode Dev discusses credit ratings and credit agencies, covering the following topics: 👉🏾 what is a rating? 👉🏿 the big 3 👉🏻 ratings agencies and history 👉 Fitch vs Moody vs SP Global 👉🏼 the role of credit rating agencies 👉🏽 benefits vs problems 👉🏾 what happened in 2008 vs rating agencies 👉🏿 factors affecting credit ratings 📝 Episode tr…

In today's episode we're going over the basics of bonds! Dev unpacks: 👉🏼 what is a bond? 👉🏽 terminology 👉🏾 bond ratings and callability 👉🏿 risks 👉🏻 corporate bonds 👉 bond ETFs 👉🏼 debentures vs bonds 👉🏽 fixed vs floating rate bonds Related episodes 🎧 202 bond yields, inflation + interest rates 053 what are bonds? Are they good? 214 what is the bid-a…

In this episode we're continuing our conversation with Dr Tony Chen who shares his unique travel philosophy including: 👉🏾 why he moves house every year 👉🏿 his hacks for saving money on flights and hotels 👉🏻 resources to learn more about point hacking 👉 his best hotel experience 👉🏼 and thoughts on the age old debate of private vs public education Ta…

In this 2-part interview Dev chats with Dr Tony Chen who some of you may know from the Frequent Flying Doctors Facebook group! In this episode Tony shares about: 👉🏾 his journey to becoming a radiologist 👉🏻 radiology as a career, private vs public & income 👉🏼 childhood experience of growing up as a first generation immigrant 👉 his investing philosop…

In today's episode Dev explains the Dunning-Kruger effect and how it can affect your investing or career, plus how you can avoid it. 📝 Episode transcripts 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, resources…

In today's Q&A Dev discusses: 👉🏻 how to teach money skills to your kids 👉 what is a defined benefit scheme within super 👉🏾 and what is income protection insurance 📝 Episode transcripts 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…

Is it a good idea to consolidate your debt? Dev explains how debt consolidation works, the pros & cons to consider and how it differs from refinancing. Related episodes 🎧 067 what is behavioural finance? 213 debt repayment strategies 📝 Episode transcripts We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable m…

In today's episode Dev unpacks the three bucket retirement strategy, touching on: 👉🏾 emergency savings and liquid assets 👉🏿 medium term holdings 👉🏻 longer term holdings with a bit more risk 👉 2 key factors to watch for 👉🏼 rebalance rules 👉🏽 and the pros & cons 📝 Episode transcripts We hate email spam so we don’t create it! Sign up to our newsletter…

On today's show Dev explains the ten rules every investor should keep in mind: 👉🏾 reversion to the mean 👉🏿 the markets always overcorrect 👉🏻 excesses are a red flag! 🚩 👉 bear markets have 3 stages 👉🏼 invest regularly 👉🏽 keep your emotions in check 👉🏾 time in the market, not timing the market 👉🏿 risk vs volatility 👉🏻 experts are usually wrong 👉 dive…

The power of compounding also applies to investment fees so it’s important to know what you’re paying when you invest! In this episode Dev touches on: 👉🏾 why is investing not free 👉🏿 ETFs vs managed funds 👉🏻 basic fees to pay attention to 👉 what is a broker and brokerage 👉🏼 3 take home points 👉🏽 the productivity commission statement on super fees 👉…

Let's take it back to basics! In this episode Dev unpacks: 👉🏻 should you save or invest 'pay yourself money'? 👉 the pros & cons of saving 👉🏽 the pros & cons of investing 👉🏼 how to calculate your savings rate 👉🏽 savings stats in Australia 👉🏿 investing concepts We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuab…

In the second part of this interview Dev and Dr Dean chat about: 👉🏾 how Dean invests 👉🏿 his thoughts on debt 👉🏻 he and his partner's FI number 👉 public vs private education 👉🏼 his personal protection plan (insurances, wills and estate planning) 👉🏽 and money wins We hate email spam so we don’t create it! Sign up to our newsletter to get only the val…

In part 1 of this 2-part interview, medical doctor Dr Dean shares some of his career journey in medicine, savings habits and tips for productivity at work. In part 2 Dev and Dean get into investing, debt and more ways that Dean and his wife manage their money. We hate email spam so we don’t create it! Sign up to our newsletter to get only the valua…

In this Q&A episode Dev touches on: 👉🏾 the private health industry post-covid 👉🏿 vet careers and earning less than what people may think 👉🏻 salary packaging and HECS/HELP 👉 the process/cost of elective egg freezing 👉🏽 and how much of your income should you aim to save? Related listening 🎧 309 private health insurance 105 what is salary packaging? 1…

In today's Q&A Dev discusses: 👉 paying off debt fully vs creating an emergency fund and paying debt off gradually 👉🏼 investment bonds 👉 early career fellow - the pros and cons of buying a $2-3m home 👉🏽 saving 100% towards a home vs 50/50 invest & save 👉🏾 investing via a trust 👉🏿 first graduate job - tips for building a good financial foundation 👉🏻 …

In today's episode we're continuing part 2 our chat with Owen Rask from the Rask Group talking about: 👉🏾 value investing and how to value a company 👉🏿 the index fund bubble - is it all just hype? 👉🏻 investing as a high net worth individual 👉 Owen's top money win tip Listen to part 1 here! We hate email spam so we don’t create it! Sign up to our new…

In today's episode we're chatting with Owen Rask, cohost of the Australian Finance Podcast and founder of the Rask Group. Owen shares about his career prior to Rask and what motivated him to start the business, his investment philosophy, thoughts on the home ownership crisis and more. We hate email spam so we don’t create it! Sign up to our newslet…

In today's episode, Dev chats with Kate Campbell from the Australian Finance Podcast about: 👉🏻 her story 👉🏾 FIRE 👉🏿 her career 👉 superannuation 👉🏼 money wins 👉🏽 and more! 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 co…

In today's episode we're chatting about how the concept of game theory applies to investing! Dev touches on: 👉🏻 what is game theory and how does it work? 👉🏾 nash equilibrium explained 👉🏿 various games/circumstances 👉🏽 common uses of game theory in economics & investing Related listening 🎧 088 what is utility theory? 📝 Episode transcripts We hate em…

In today's money wins episode Dev chats with Dr Ted, a junior doctor from Victoria. Ted and Dev discuss: 👉🏾 tips for junior doctors & interns 👉🏻 career pathways in medicine 👉🏾 debt 👉🏿 investing 👉🏻 money tips 👉 and more! 🛑 Please read our disclaimer + warnings before listening to this episode 📝 Episode transcripts 🏡 Join the mmm facebook group 💸 Qui…

In today's episode we're continuing with part 2 of the interview with Captain FI chatting about: 👉🏾 his investment strategy and income streams 👉🏿 net worth and how he calculated his FI number 👉🏽 his thoughts on "retiring early" 👉 + top tips from his personal finance journey 🛑 Please read our disclaimer + warnings before listening to this episode 📝 …

In today's episode, retired pilot Captain FI joins us for a special interview about his journey to reaching FIRE at the age of 30. In part 1 Captain FI shares about: 👉🏿 his childhood and the lessons he learned about money 👉🏻 his training and costs to become a pilot 👉 airline perks 👉🏽 are frequent flyer programs worth it? 👉🏾 achieving an 80% savings…

In today's episode Dev explains how we experience accumulative advantage in everyday life and investing, also touching on the Matthew Effect and the concept of "winner takes all". 📝 Episode transcripts 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,…

Let's explore the fundamentals of what an index fund is, how they work and what to consider when choosing one. In this episode we cover: 👉🏾 what is an index fund? 👉🏿 what does the data say about active vs passive investing? 👉🏻 your investment thesis 👉🏼 are you a broad market or narrow market investor? 👉🏽 local vs international 👉 fund selection 👉🏻 m…

It's that time of year again, the annual EV update. Today's episode gets into the ins and outs of owning a Tesla Model 3 touching on: 👉🏾 purchase price 👉🏿 cost of electricity vs fuel 👉 wear and tear 👉🏻 autopilot 👉🏽 tyre change & servicing costs 👉🏿 the annoying & brilliant bits of the car 👉 EV road tax 👉🏼 charging infrastructure 👉🏽 thoughts on going…

Today's episode is part 2 of our chat with Jason and Matt from MissionMed about getting into medical school. Make sure to listen to last week's episode to catch the first part if you missed it! In this episode we talk about: 👉🏾 do Jason and Matt invest? 👉 are there any scholarships for med school? 👉🏼 HECS/ HELP debt 👉🏽 private school vs public scho…

Due to plenty of interest in this topic we are taking a break from money to chat about getting into med school in this two-part discussion with Jason and Matthew from MissionMed. In this episode we touch on: 👉🏻 the entrance process for undergrad and postgrad pathways 👉 good skills to have and develop 👉🏼 what are the UCAT and UMAT and how do they wo…

If you've heard the term intrinsic value mentioned by investors like Warren Buffet but not known what it meant, today we're breaking down the concept. In this episode we cover: 👉🏻 quantitative analysis 👉 qualitative analysis 👉🏼 discounted cash flow analysis 👉🏽 weighted avg cost of capital (WACC) 👉🏾 a worked example of DCF analysis 👉🏿 and of course …