Dev Raga Personal Finance

This episode covers some of the restrictions you might encounter when buying property or considering a knock down rebuild. Dev shares:👉🏾 a listener's experience - K has a bad surprise at the time of building their home👉🏻 what are covenants, zones and overlays👉 the process of removing a covenant👉🏿 burdened land vs benefited landCheck with your local state and council regulations before buying any property. In large parts of Melbourne, there are significant landscape overlays - beware!If you're in Victoria you can head to https://mapshare.vic.gov.au/ to check the zonings on a property.Episode transcripts: https://bit.ly/m3meptranscripts🛑 Please read the disclaimer at mymillennial.money before listening to this episode.Need help with budgeting? Check out The Glen James Spending Plan and use coupon code "m3m" to save $20.Are you a healthcare professional? Join our Facebook community!Click here for podcast resources, links to our stuff, disclaimer & warnings about this episode + more.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.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. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today's episode is all about what a margin of safety is in accounting, business, investing and personal finance. Plus Dev speaks a little on deep value investing vs growth at a reasonable rate. We go full on geek mode!Listen to ep 75 for more on financial risk here.Episode transcripts: https://bit.ly/m3meptranscripts🛑 Please read the disclaimer at mymillennial.money before listening to this episode.Need help with budgeting? Check out The Glen James Spending Plan and use coupon code "m3m" to save $20.Are you a healthcare professional? Join our Facebook community!Click here for podcast resources, links to our stuff, disclaimer & warnings about this episode + more.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.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. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

In this episode, Dev unpacks:👉🏾a question from anon who has sold their investment property and has 500K in proceeds, what should they do?👉🏻what is a financial bubble?👉the stages of a bubble👉🏿examples of bubbles in history👉🏾Poseidon NL - does anyone remember the name?Episode transcripts: https://bit.ly/m3meptranscripts🛑 Please read the disclaimer at mymillennial.money before listening to this episode.Need help with budgeting? Check out The Glen James Spending Plan and use coupon code "m3m" to save $20.Are you a healthcare professional? Join our Facebook community!Click here for podcast resources, links to our stuff, disclaimer & warnings about this episode + more.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.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. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Today's episode is inspired by this listener question: Is a prenup something I should consider before getting married? How long before marriage should I start thinking about it and what are the pros and cons? My income will likely be significantly higher than my partner's and I'm wondering how to have the conversation. Dev unpacks what a binding financial agreement aka prenup, entails including:👉what happens without a prenup?👉🏼the pros and cons👉🏾conditions of prenup👉🏿when is a prenup useful?👉🏻can a judge throw out a prenup?The sections of the Family Law legislation mentioned in the chat were Section 90B - 90KA relating to marriage and Section 90UA - 90UN relating to de facto relationships. You can read these on the Australian Govt website here: https://www.legislation.gov.au/Details/C2019C00101/Html/Volume_2Episode transcripts: https://bit.ly/m3meptranscriptsmy millennial money medical is hosted by Dev Raga.🛑 Please read the disclaimer at mymillennial.money before listening to this episode.Need help with budgeting? Check out The Glen James Spending Plan and use coupon code "m3m" to save $20.Are you a healthcare professional? Join our Facebook community!Click here for podcast resources, links to our stuff, disclaimer & warnings about this episode + more.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.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. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Should you put your spare cash in paying down debt or invest it? Dev explores this common question, touching on:👉🏻invest or pay off debt - is this a simple analysis of this question?👉deductible vs non-deductible debt👉🏽what about interest free debts?👉🏿risk tolerance vs tax optimisation👉🏼what about debt consolidation?Episode transcripts: https://bit.ly/m3meptranscripts🛑 Please read the disclaimer at mymillennial.money before listening to this episode.Need help with budgeting? Check out The Glen James Spending Plan and use coupon code "m3m" to save $20.Are you a healthcare professional? Join our Facebook community!Click here for podcast resources, links to our stuff, disclaimer & warnings about this episode + more.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.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. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

Dev discusses more strategies that can help to reduce tax, such as:👉🏾investment bonds👉super spousal contributions👉🏻property deductionsHere's 087 what are investment bonds?Episode transcripts: https://bit.ly/m3meptranscripts🛑 Please read the disclaimer on mymillennial.money or at the link below before listening to this episode.Need help budgeting? Check out The Glen James Spending Plan and use coupon code "m3m" to save $20:Are you a healthcare professional? Join our Facebook community! Click here for podcast resources, links to our stuff, disclaimer & warnings about this episode + more.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.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. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

We're back with more tax efficiency tips! In this episode Dev discusses:👉dividends vs capital gains👉🏼trust structures👉🏽charitable donations👉🏿work related deductions👉🏻car related deductionsListen to part 1 of this series here.For more on tax deductions, go back and listen to episodes 94-99. Here's episode 94.Episode transcripts: https://bit.ly/m3meptranscripts🛑 Please read the disclaimer on mymillennial.money or at the link below before listening to this episode.Check out The Glen James Spending Plan and use coupon code "m3m" to save $20.Are you a healthcare professional? Join our Facebook community! Click here for podcast resources, links to our stuff, disclaimer & warnings about this episode + more.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.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. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

This is part 1 of a 3 part series on strategies to minimise tax. In this first episode Dev talks about:👉🏻salary packaging👉superannuation and maximising your concessional contributionsEpisode transcripts: https://bit.ly/m3meptranscripts🛑 Please read the disclaimer on mymillennial.money or at the link below before listening to this episode.Are you a healthcare professional? Join our Facebook community!my millennial money medical is hosted by Dev Raga.For podcast resources, links to our stuff, disclaimer & warnings about this episode + more check out: https://www.mymillennial.money/m3m-shownotesWe acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.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. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

In an effort to diversify your assets, it's possible to end up 'diworsifying'. Dev unpacks exactly what this means, touching on:👉🏾diworsification vs diversification👉🏼how do you know if you are diworsifying?👉and how to minimise your risk of diworsifyingDev discusses efficient frontiers here: https://player.whooshkaa.com/episode?id=930845Check out eps 050 and 080 on asset allocation!Episode transcripts: https://bit.ly/m3meptranscripts🛑 Please read the disclaimer on mymillennial.money or at the link below before listening to this episode.Are you a health care professional? Join our online community: https://www.facebook.com/groups/2261439930740208my millennial money medical is hosted by Dev Raga.Check out https://www.mymillennial.money/m3m-shownotes for our stuff, disclaimer, warnings about this episode, podcast resources + moreWe acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.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. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

In this episode, Dev talks about:👉🏽a Q from anon about super concessional contributions👉what is a bond?👉🏿what's inflation?👉🏻what are interest rates?👉🏾how are all these concepts related to each other?👉🏼examples to highlight these concepts!👉the inverted bond yield curve👉🏾fractional reserve banking!Episode transcripts: https://bit.ly/m3meptranscripts🛑 Please read the disclaimer on mymillennial.money or at the link below before listening to this episode.Are you a healthcare professional? Join our Facebook community!Check out https://www.mymillennial.money/m3m-shownotes for our stuff, disclaimer, warnings about this episode, podcast resources + moreWe acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.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. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.