In today's Q&A Dev discusses: 👉🏻 how to teach money skills to your kids👉 what is a defined benefit scheme within super👉🏾 and what is income protection insurance📝 Episode transcriptsWe 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, 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 & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

Is it a good idea to consolidate your debt? Dev explains how debt consolidation works, the pros & cons to consider and how it differs from refinancing.Related episodes 🎧 067 what is behavioural finance?213 debt repayment strategies📝 Episode transcriptsWe 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, 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 & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

This episode discusses the three bucket retirement strategy, including emergency savings, medium-term holdings, and longer-term holdings. It covers rebalance rules, pros & cons, and provides examples. The podcast also explores other retirement planning strategies and emphasizes simplicity in choosing a strategy.

Discover the ten essential rules of investing that pave the way to long-term success. Learn how market corrections and bear markets affect your strategies, highlighting the power of disciplined investing. Regular investment habits can lead to significant wealth gains, while emotional stability is crucial for making sound decisions. Understand the psychological biases that can derail your investment journey, and the importance of diversification in managing risks. Plus, explore the blend of financial literacy with social consciousness.

The power of compounding also applies to investment fees so it’s important to know what you’re paying when you invest! In this episode Dev touches on:👉🏾 why is investing not free👉🏿 ETFs vs managed funds👉🏻 basic fees to pay attention to👉 what is a broker and brokerage👉🏼 3 take home points👉🏽 the productivity commission statement on super fees👉🏾 and Lincoln's question about bond yieldsRelated episodes 🎧229 how to pick a stock broker301 calculating returns📝 Episode transcriptsWe 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, 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 & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

Let's take it back to basics! In this episode Dev unpacks:👉🏻 should you save or invest 'pay yourself money'?👉 the pros & cons of saving👉🏽 the pros & cons of investing👉🏼 how to calculate your savings rate👉🏽 savings stats in Australia👉🏿 investing conceptsWe 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, 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 & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

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.

In part 1 of this 2-part interview, medical doctor Dr Dean shares some of his career journey in medicine, savings habits and tips for productivity at work. In part 2 Dev and Dean get into investing, debt and more ways that Dean and his wife manage their money. 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, 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 & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

This Q&A episode covers topics such as the future of the private health industry post-COVID, vet careers and earning potential, salary packaging and HECS/HELP, the process and costs of elective egg freezing, and the recommended savings rate. It also references related episodes on private health insurance and savings rate versus investment returns.

Financial expert Dev discusses topics such as paying off debt vs creating an emergency fund, investment bonds, buying a home and saving for it, investing via a trust, tips for graduates, and looking after mental health.