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Why Raja Started This Finance Podcast
- Raja explains his background as a Melbourne GP podcaster who also learns about personal finance through advising doctors.
- He started the episode because many high earners he meets have little to show for their income.
Control Debt And Seek Professional Advice
- Do get debt under control and seek proper advice before starting investing or automating savings.
- Do consult a financial advisor because the podcast gives general advice not tailored to personal situations.
Automate Paying Yourself First
- Do pay yourself first by automatically diverting a fixed percentage of your net pay into savings or investments as soon as you get paid.
- Do repeat this process perpetually to lock money away and prevent impulse spending.