Money concepts made simple for busy professionals, hosted by Melbourne-based doctor Dev Raga. New episodes every Wednesday.Formerly named my millennial money pr...
510 from divorce to financial freedom: Sarah’s story
Today's episode is a special one as Dev sits down with Sarah*, a GP who shares her deeply personal and inspiring journey with money. Sarah shares how an arranged marriage ended in divorce and how she rebuilt financial freedom for herself and her children. *Name has been changed for privacy. Sarah's story touches on:👉🏾 her med school journey in the UK👉🏿 growing up with a scarcity mindset in an immigrant family👉🏻 entering an abusive arranged marriage at a young age👉 how divorce impacted her finances and career👉🏼 plus how she rebuilt both as a single parent👉🏽 using property and super to build long-term wealth👉🏾 why she prioritised her will and estate planning, post-divorceIf you or someone you know is experiencing domestic or financial abuse, there is help at https://1800respect.org.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.
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509 the two income trap: why earning more isn’t always better
More income, more security...right? Not always. In this episode, Dev unpacks the "two-income trap," a concept made famous by Elizabeth Warren, and why earning more doesn’t always mean financial freedom. He touches on:👉🏾 what the two-income trap is and why it matters👉🏿 how rising fixed costs (housing, childcare) eat away at extra income👉🏻 why dual-income households can still face financial stress👉 whether staying home with kids should be considered "paid work"👉🏼 practical ways to avoid falling into the two-income trap👉🏽 plus, is it okay to borrow money to buy Christmas presents?📝 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.
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508 the psychology of retirement (with Prof. Joanne Earl)
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.
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507 the paradox of thrift
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.
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506 protecting your wealth: wills, estate planning & generational wealth (Q&A with a lawyer)
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.
Money concepts made simple for busy professionals, hosted by Melbourne-based doctor Dev Raga. New episodes every Wednesday.Formerly named my millennial money professional Hosted on Acast. See acast.com/privacy for more information.
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