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Dev Raga Personal Finance
336b an interview with Dr Dean part 2
Sep 6, 2023
Dr Dean discusses the benefits of debt leverage and their experience with mortgages. The podcast covers debt management, credit cards, and superannuation. They also discuss the cost of raising kids, importance of insurance, and leaving a legacy. Creating a legal document and investment strategy are discussed, along with the importance of tracking money and talking about finances.
31:14
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Quick takeaways
- Debt can be a tool for building wealth if used strategically, such as leveraging mortgages for investments.
- Maximizing the benefits of credit cards while avoiding interest charges is essential for smart financial management.
Deep dives
Debt and Leverage
Dr. Dean discusses his view on debt, emphasizing that he sees debt as an opportunity for leverage to build wealth. He mentions having debt through mortgages on his primary residence and investment property, highlighting the potential benefits of using debt to invest in assets.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode