show episodes
 
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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Welcome to Dentistry Made Simple, the podcast that’s here to help dentists like you take control of your practice, your finances, and your future. I’m Dr. Tarun ‘TBone’ Agarwal, your trusted guide on the journey to dental success. I’ve been in the dental trenches for 25 years. From clinical dentistry to the challenges of running a dental practice, I understand your pain and frustration because I’ve lived it! Get ready to drill down into the secrets of dental success, with expert yet practica ...
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show series
 
Let's talk about debt! Dev covers: 👉🏿 what is debt? 👉🏻 deductible vs non deductible debt 👉 what is debt recycling 👉🏼 the pros and cons of debt recycling 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, reso…
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In today's episode Dev unpacks the concept of a doom loop, touching on: 👉🏿 what it is and how it works 👉🏻 what is a flywheel effect? 👉 the main causes 👉🏼 and how to break the doom loop 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…
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In this episode, Dev chats with Vanessa* who is a practicing dentist and private practice owner about her 30+ year journey in dentistry. From getting into dental school to navigating staff management and overheads, Vanessa shares what it’s really like to run a dental practice and how she’s built long-term wealth along the way. *Name changed for pri…
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The 4% rule is a go-to for retirement planning, but does it actually hold up? In this episode, Dev Raga breaks down what the rule gets right, where it falls short, and how you can tweak it for a more secure future. He dives into: 👉🏻 why the 4% rule was created and if it still works today 👉 how market downturns and fees can derail your retirement 👉🏼…
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Jeff* is 25, a junior doctor, and already owns a home with a growing $120K share portfolio. He joins Dev to share how he got here including his journey through private medical school, navigating doctor-friendly home loans, and the investing strategy that’s setting him up for financial freedom. *Name has been changed for privacy. Jeff's story touche…
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Some investing strategies come and go, but the best ones stand the test of time. In today's episode Dev shares 5 timeless investing principles to help you build lasting wealth, including: 👉🏾 having a clear financial plan 👉🏿 why diversification is key 👉🏻 minimising your investment costs 👉 having a long-term perspective 👉🏼 and knowing when to stop pl…
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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…
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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 dua…
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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 r…
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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 criticism Related episodes: 🎧 070 recessions and depressions! 📝 Episode transcripts We hate email spam so we don’t create it! Sig…
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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 mo…
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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 touch…
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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 …
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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 dilution We hate email spam so we don’t cr…
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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 pro…
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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 …
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While we’re on a break, here’s a fan-favourite episode to keep you company In 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 …
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In this episode of Dentistry Made Simple, T-Bone is joined by a guest from the Simplify Dentistry podcast for a heartfelt and eye-opening conversation about the evolution of modern dentistry. Together, they dive into how the industry has shifted from mom-and-pop practices to thriving businesses, and what that means for dentists today. They share re…
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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…
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In this episode, Dr. Ahmad Al-Hassiny breaks down the game-changing role of digital scanners in modern dentistry. From CEREC and Trios to Medit, Dr. Al-Hassiny talks about how these tools are making single-visit treatments a breeze and improving everything from crowns to hygiene work. He also shares why scanners are now a must-have, especially for …
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In today’s episode Dev explains arbitrage, touching on: 👉🏾 what is arbitrage? 👉🏿 what is an efficient market hypothesis? 👉🏻 what is arbitrage pricing theory? 👉 the various types of arbitrage? 👉🏼 some specifics of arbitrage? Related episodes 🎧 👇 026 what is arbitrage? We hate email spam so we don’t create it! Sign up to our newsletter to get only th…
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3d Dentist Pro App In this episode of Dentistry Made Simple, I’m diving into how simplifying your dental practice can help you achieve more by doing less. I’ll share my strategies for escaping the grind of time-intensive dentistry, cutting down clinical days, and maintaining—or even increasing—your production by focusing on high-value procedures. M…
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In today’s episode Dev interviews Alex Luck of Everest Wealth, touching on: 👉🏾 what is an SMSF? 👉🏿 what can I do with SMSF that I can't do with normal industry super/retail funds 👉🏻 fees associated 👉 at what value is an SMSF cost effective? 👉🏼 what about rules and taxes? 👉🏽 what happens if some people in accumulation phase, and others in retirement…
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In this episode, we are joined by Amol Nirgudkar to tackle one of the biggest challenges in modern dental practices: maintaining a steady flow of high-value patients and maximizing appointment scheduling efficiency. We explore how digital marketing and direct-to-consumer strategies have transformed patient acquisition while uncovering pitfalls like…
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In today’s episode Dev explains Benner's Cycle touching on: 👉🏾 what is Benner's cycle? 👉🏿 what is a market cycle? 👉🏻 stages of a market cycle? 👉 examples of a Benner's cycle predictions 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 ou…
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In this episode, we’re joined by Kevin Fryer, co-host of the Very Clinical Podcast and longtime Cleveland Browns fan, to share a surprising milestone—after 35 years in dentistry and at age 61, Kevin took his first-ever two-week consecutive vacation. We explore why it took so long, the fears and challenges of hiring an associate, and how he built a …
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In today’s episode, Dev interviews Nick Nicolaides co-founder of Pearler, touching on: 👉🏾 how long has Pearler been around? 👉🏿 what investments are available? 👉🏻 what is HIN (holder identification number)? 👉 what is the fee structure? 👉🏼 understanding their automation 👉🏽 support - tech and non-tech 👉🏾 what happens when Pearler goes bankrupt? https:…
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In this episode, I am joined by Dave Roehr of Proceed Financing to discuss the ins and outs of third-party financing in dentistry. We explore how offering flexible financing options can drive revenue and help patients afford the care they need. From choosing the right financing partners to achieving high approval rates and navigating credit scores,…
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In today’s episode Dev interviews Dr. George Eskander, touching on: 👉🏾 what does an executive do? 👉🏿 his journey and training into his role? 👉🏻 what other career options do executives have? 👉 how does your day look like? 👉🏼 junior doctors, pay and culture 👉🏽 his side hustle - PassGP 👉🏾 investing philosophy 👉🏿 money wins Dr. George Eskander george.e…
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In this week’s episode, we’re tackling a topic many of us face: feeling stuck. Whether it’s in your personal life or your practice, hitting a plateau can be frustrating, but it’s also an opportunity for growth. I’ll share insights from my own experiences and coaching calls, exploring how to recognize when you’re stuck, what triggers it, and practic…
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In today’s episode Dev interviews Glen James, touching on: 👉🏾 why write a book? 👉🏿 how does your book differ from other investing books? 👉🏻 who is Nick Bradley? 👉 why are behaviours important? 👉🏼 tell us about your 40% loss of investments as an 18-year-old 👉🏽 contrarian views - go through each one We hate email spam so we don’t create it! Sign up t…
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In this episode, Meredith and I discuss simplifying the dental business and creating effective team incentives. We believe that dental practice management doesn’t have to be complex and that team members should have clear, measurable ways to earn additional income each month. We revisit the importance of strategic planning and talk about using scor…
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In today’s episode Dev interviews Scott Taylor, touching on: 👉🏾 what is preservation age? 👉🏿 what are my options when I retire? 👉🏻 can I chop and change phases? 👉 what is Transition to Retire (TTR)? 👉🏼 how does tax work in the retirement phase? 👉🏽 how does an aged pension get affected? 👉🏾 what is a downsizer contribution? 👉🏿 what is the re-contribu…
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In this episode, we dive into the world of strategic planning for 2025 and how I’m making the process easier in my practice. I believe it all starts with me getting clear on my financial, clinical, and long-term goals while keeping an eye on the realities we’re facing right now. Once I have that vision, I bring my dentists and practice leaders into…
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