One of the questions that commonly gets asked from doctors and other professionals is how to plan for retirement, as many struggle to settle into retirement after working for 30+ years. In today's episode, Dev chats with Joanne Earl, Professor of Psychology at Macquarie University. They touch on:👉🏾 the 6 buckets to focus on in your transition to retirement👉🏻 is working long term a bad idea?👉🏼 managing boredom in retirement👉🏽 navigating losing more loved ones in old age👉 how to practice retirement👉🏿 is society designed for young people?Below are the articles mentioned in the chat:A psychologist on how to know you’re ready for retirementA guide for medical practitioners transitioning to an encore career or retirement Online intervention trial for late-career medical practitioners to promote planning for retirement📝 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, 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.

In today's episode, Dev explains the concept called "paradox of thrift". He touches on:👉🏾 what it is👉🏿 real world examples such as a recession👉🏻 the circular flow economic model👉 Keynesian economics👉🏼 it's flaws and criticismRelated episodes: 🎧 070 recessions and depressions!📝 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, 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.

In today's chat, wills and estates lawyer Marlee Viero from Nest Legal returns to chat with Dev about wills, estate planning, and how to protect your wealth for future generations. They break down common mistakes, digital assets, tax traps, and whether a testamentary trust could be right for you. The episode touches on:👉🏾 why estate planning is more than just a will👉🏻 common pitfalls people make with their assets👉🏼 how to protect wealth across generations👉 is there a death tax in Australia?👉🏿 digital assets: who controls your online life after you die?👉🏽 tax traps to watch out for when passing on wealth👉🏾 how a testamentary trust works and who should consider one👉🏻 choosing the right lawyer for your estate planning👉 how often you should review your will and estate planCheck out episodes 411 and 412 for the other episodes on wills & estates planning with Marlee. 📝 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, 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.

In today's episode Dev chats with Cam and Trish from Family on Fire, a family proving that FIRE (Financial Independence, Retire Early) isn’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:👉🏾 starting their FIRE journey later in life👉🏻 smashing their mortgage by living on one income👉 balancing private school fees, extracurriculars, and savings👉🏽 using equity and leverage to grow their investments👉🏿 how a health scare shaped their financial resilience👉🏾 making FIRE fun with travel and family adventures👉 the importance of teaching kids financial literacy👉🏽 their "boring" strategyYou can follow Cam & Trish's journey at https://www.familyonfire.com.auWe 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. Hosted on Acast. See acast.com/privacy for more information.

In light of America's political climate, let's talk about what tariffs are and why they matter. Dev covers:👉🏻 how they work👉 why tariffs are used👉🏼 their pros and cons👉🏽 and unintended consequences📝 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, 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.

In today’s episode Dev explains dividends, touching on:👉🏾 what are dividends?👉🏿 cash vs shares👉🏻 dividends vs distribution👉 who pays for dividends?👉🏼 dividend dates👉🏽 why do companies pay dividends?👉🏾 how does a dividend affect stock prices?👉🏿 franking credits👉🏻 dividends and taxes👉 dividends and dilutionWe 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. Hosted on Acast. See acast.com/privacy for more information.

In today’s episode Dev explains essential financial habits and strategies, including setting up an emergency fund, budgeting, and exploring investment options, to help you achieve financial stability and long-term success. touching on:👉🏿 set up an emergency fund👉🏻 never borrow money to buy depreciating assets👉 stick to a budget👉🏼 maintain a proper emergency fund👉🏽 pay yourself first to prioritize savings👉🏿 explore various investment options👉🏻 automate your financial processes👉 learn about MPSWe 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 Hosted on Acast. See acast.com/privacy for more information.

In today’s episode, Dev explains habits and principles that can lead to financial success and stability, touching on:👉🏿 protect your downside risk👉🏻 avoid unnecessary debt👉 drive an average car👉🏼 live modestly👉🏽 exercise regularly👉🏿 rise early to make the most of the day👉🏻 diversify your income and investments👉 set long-term goals to guide your decisions👉🏼 be frugal without being cheap👉🏽 develop an appetite for learning and seek mentorshipRelated episodes 🎧👇413 life, TPD, trauma & income insurance (the basics, self-insuring, using an adviser or DIY + more) part 1414 life, TPD, trauma & income insurance (the basics, self-insuring, using an adviser or DIY + more) part 2024 emergency funds, good debt v bad debtWe 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. Hosted on Acast. See acast.com/privacy for more information.

While we’re on a break, here’s a fan-favourite episode to keep you companyIn today’s episode Dev interviews Dave Gow of Strong Money Australia, touching on:👉🏾 savings rate?👉🏿 property vs shares👉🏻 financial independence retire early (F.I.R.E) principles👉 debt and recycling👉🏼 superannuation👉🏽 children and financial independence👉🏾 approach to investing👉🏿 money winsWe 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. Hosted on Acast. See acast.com/privacy for more information.

While we’re on a break, here’s a fan-favourite episode to keep you company. We’re bringing back this gem from earlier in the year – enjoy.Dev Raga continues his tradition of comparing his Tesla Model 3 SR+ which he purchased in 2019 with his previous Diesel. In this episode he focuses on the economics of EVs, and whether it makes sense to purchase EVs in a high cost of living climate. He touches on:👉🏿 petrol/diesel prices👉🏻 servicing costs👉 all the features EV's offer👉🏼 the annoying bits of Model 3And by the time this episode has aired, Dev has traded it in for a new Model 3 2024 model.Related episodes 🎧👇058 the economics of electric cars!093 EV cost analysis: 12 months of driving a Tesla123 EVs: 100,000km Tesla Model 3 update225 EVs: 150,000km Tesla Model 3 update324 EVs: 200,000km Tesla Model 3 updateWe 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. Hosted on Acast. See acast.com/privacy for more information.