Dev Raga Personal Finance cover image

Dev Raga Personal Finance

505 is FIRE even possible with a family? I talk with Cam & Trish

Jan 28, 2025
01:00:05

In today's episode Dev chats with Cam and Trish from Family on Fire, a family proving that FIRE (Financial Independence, Retire Early) isnโ€™t just for singles or couples without kids. They share their unique journey of smashing the mortgage, balancing family life, and building financial independence, all while raising three kids. The interview touches on:


๐Ÿ‘‰๐Ÿพ starting their FIRE journey later in life

๐Ÿ‘‰๐Ÿป smashing their mortgage by living on one income

๐Ÿ‘‰ balancing private school fees, extracurriculars, and savings

๐Ÿ‘‰๐Ÿฝ using equity and leverage to grow their investments

๐Ÿ‘‰๐Ÿฟ how a health scare shaped their financial resilience

๐Ÿ‘‰๐Ÿพ making FIRE fun with travel and family adventures

๐Ÿ‘‰ the importance of teaching kids financial literacy

๐Ÿ‘‰๐Ÿฝ their "boring" strategy


You can follow Cam & Trish's journey at https://www.familyonfire.com.au


We hate email spam so we donโ€™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.



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

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode