Let's Get RICH With PATTU!

On this episode we cover:

- Plenty of medical insurance questions:

a. carry forward/no claim bonues/ group vs indiv policies etc.

b. If you have a corporate job, you must get this insurance!

c. Pattu tells us which insurance he has, and how much it costs

d. Family floater vs Family individual covers

e. Waiting periods for new conditions in existing policies

f. Group medical cover for various groups of people

- Real Estate

a. Should I use my corpus for a down payment or maximise my EMI?

b. EMI benchmarks that you should not cross

c. Networth should not be touched !

- How long should one track monthly expenses for ??

What is better - underestimating expenses or overestimating?

- A touch life situation of a 29 year old listener of ours

why term insurance and medical insurance can be denied

how to invest in this case

- How to begin investing late in life ?! (40 years + )

Pattu recommends reaching out to a RIA, and how to

Regret is a waste of time

How to gain confidence in this situation

How RIAs charge you over the years

On this episode we cover:

- mistakes made on planning calculators

- Pattu reveals another Golden thumbrule !

- Products that Pattu recommends for Parents

- Who is Sukanya Samriddhi for? And some details

- Investing for marriage of your child

- Resposibility towards Undergrad vs Postgrad- Does spending on your kids take precedence over your retirement fund? (And when to say no)

- Premium waiver benefit in case of your death

- The married women property act of 1874 and how it affects term insurance

- What happens to home loans when you die?

- Different approaches to beginning investing:

a. If your child isn't born yet

b. If your child is 3-4 yrs old

c. If your child is already 10-12 +

- Pattu's amazing book - Chinchu gets a superpower

- At what stage do you let kids control their own money?

- Pattu's thoughts on pocket money

On this episode we cover:

- mistakes made on planning calculators

- Pattu reveals another Golden thumbrule !

- Products that Pattu recommends for Parents

- Who is Sukanya Samriddhi for? And some details

- Investing for marriage of your child

- Resposibility towards Undergrad vs Postgrad- Does spending on your kids take precedence over your retirement fund? (And when to say no)

- Premium waiver benefit in case of your death

- The married women property act of 1874 and how it affects term insurance

- What happens to home loans when you die?

- Different approaches to beginning investing:

a. If your child isn't born yet

b. If your child is 3-4 yrs old

c. If your child is already 10-12 +

- Pattu's amazing book - Chinchu gets a superpower

- At what stage do you let kids control their own money?

- Pattu's thoughts on pocket money

On this episode we cover:

- How does one balance the pressure to invest for tomorrow and the desire to enjoy today?

- Delayed gratification

- Once priorities are in place, balance falls into place

- What do you really want to do when you are retired? No vague answers please!

- The elderly who are active are much healthier than those that aren't!

- Sid asks Pattu what he imagines his retirement will be like

- Pension plans that you can buy as soon as you retire

- RBI bonds and why they work well

- The Debt - Equity split for a 25 year old today

- Emotional logic ! And how it helps you to look at Equity

- What should the Debt - Equity split become at the age of retirement?

- Risky investors : ask yourself WHEN you are going to De-Risk ?!

- We take a listener's question about investing for their kid's education

- To-be parents: Before having a child you should be able to ______ !

On this episode we cover:

- How do we imagine what our lives will when we are retired? Time for some visualisation

- Pattu then dives into the basic How Tos of retirement investing

- Retirement is NOT about a pension

- Inflation

- Sid asks for benchmarks to aim for as a retirement corpus (city wise)

- Pattu gives us the formula for investment, and how to execute it TODAY!

- But then Sid is not satisfied with it, so Pattu further breaks it down and explains scale, scale for geography and scale for phase of life

- Traditional investment calculations have 30 yrs of retirement. What if you outlive that calculation ?! Does the money run out?

- Bonus, Pay rise, Change of jobs with higher salary? Time to look at yourself in the mirror!

In this episode we cover:

- What percentage of investors are women?

- Is the MAN the problem in a woman's life? Or the parents?

- Pattu's book - Chinchu gets a superpower

- Pattu receives an email just before the recording that gives us goose flesh

- How taking financial decisions is empowering

- How women have to plan for TWO retirements!

- Should a woman at 21 and a man at 21 have varying approaches to investments?

- Should gold be more of a focus for women? (and how you should enjoy it!)

- How to answer a woman who says, "What is wrong if my husband invests my money?"

- How women just do NOT find talking about investments to be cool enough

- Pattu is hopeful that chauvinism is dying slowly

On this episode we cover:

- What is a good reason to invest in stocks vs MF?

- Is stock investing a replacement for lack of capital?

- When does stock investing become gambling?

- What Dolly Parton said about rainbows and rain!

- The two simple basics of selecting a stock.

- An AI tool you can use too!

- How stock research is like sculpting.

- How all gains or losses are notional, not real!

- Rebalancing from equity into debt.

- MF vs Stocks - tax on the churn.

- How a human being is never satisfied, but how important it is to keep expectations under control.

- How 10% returns consistently over 30 years is HUGE!

- Always BENCHMARK your stock trades vs the NIFTY for perspective.

On this episode we cover:

- The 3 most important features to focus on, and all the fluff to forget about!

- PSU policies vs Private policies

- Porting of policies from one provider to another

- Corporate group insurance vs Private insurance for the Salaried

- Individual policy vs Family Floater policy

- How to insure the elderly in your family

- Why having a family doctor still has so many benefits!

- Top up insurance and its benefits

- Doctor consultation fees

If you have particular questions about your policy, write in to us!

Medical Insurance in India is like a Dholak.

Alright, that's clickbaity, but Pattu said it! On this, our first episode of our third month, we cover:

- How much Cover does one need?

- How is Life insurance different from Medical insurance?

- How there is no way around reading the fine print

- How many people believe that medical insurance is a SCAM

- Whether it is better to buy through an agent or directly online

- How Life Insurance policy benefits can be changed at anytime!

- How despite having a cashless policy, getting cashless service is not your right!

And then we ran out of time, so make sure you GListen to Part 1, and watch out for Part 2 that unpacks even more juicy topics on this unending discussion of Medical Insurance! 

• Saving
• Investing
• The difference between the two?
• How does inflation affect my savings?
• The biggest mental block - RISK
• The biggest issue in investing - WHO TO TRUST?
• Lifestyle creep
• Are you a sidewalker, a slow laner, or a fast lane?
• Asset allocation between safety and equity

ALL THIS AND MORE on this week's episode!