By Monika Halan
5
33 ratings
The podcast currently has 32 episodes available.
Today, Monika dives into the best strategies for handling windfall gains. Whether it's a bonus, tax refund, or inheritance, Monika explains how to balance spending, debt repayment, and investing to maximise your financial well-being and avoid common pitfalls. Discover how to make thoughtful decisions that enhance your financial future while enjoying the present.
Monika also addresses how to rebuild an emergency fund after relocating, the strategies for early retirement and sustaining expenses long-term, and the importance of evaluating mutual fund schemes over individual fund managers.
Chapters:
(00:31 - 04:58) Navigating Funds in a Windfall Gain
(05:06 - 07:33) Rebuilding Emergency Fund
(07:36 - 11:42) Calculating Corpus for Early Retirement Planning
(11:44 - 14:21) Tracking Progress of Fund Managers vs Schemes
If you have financial questions that you’d like answers for, please email us at [email protected]
Monika’s book on basic money management
https://www.monikahalan.com/lets-talk-money-english/
Monika’s book on mutual funds
https://www.monikahalan.com/lets-talk-mutual-funds/
Calculators
https://investor.sebi.gov.in/calculators/index.html
You can find Monika on her social media @monikahalan.
Twitter @MonikaHalan
Instagram @MonikaHalan
Facebook @MonikaHalan
This is a Maed In India Production; check us out at www.maedinindia.in
Creative Director: Mae Mariyam Thomas
Project Manager: Shaun Fanthome
Head of Audio: Kartik Kulkarni
Producer: Meghna Gulati
Sound Editor: Lakshman Parsuram
Artwork: Alika Gupta
In today’s episode, Monika explores the crucial financial steps to take before transitioning from a secure job to launching your own start-up. She breaks down how to estimate start-up costs, secure initial funding, and budget for personal living expenses during the early, income-less years of your venture. She also discusses the importance of having medical and vehicle insurance, maintaining an emergency fund, and having a solid backup plan in case your business doesn't take off. Join us as Monika dives into the financial groundwork essential for turning your entrepreneurial dreams into reality.
Monika also answers your questions about strategies for restructuring your mutual fund portfolio without incurring high capital gains taxes, how to navigate conflicting financial advice, and the best approaches to balancing debt and equity investments for long-term financial goals.
Chapters:
(00:31 - 04:50) Planning Funds for your Startup
(04:59 - 08:13) Minimising Capital Gains Tax
(08:16 - 11:09) Index Funds vs. Active Mutual Funds
(11:11 - 14:13) Balancing PPF and Mutual Fund Investments
If you have financial questions that you’d like answers for, please email us at [email protected]
Monika’s book on basic money management
https://www.monikahalan.com/lets-talk-money-english/
Monika’s book on mutual funds
https://www.monikahalan.com/lets-talk-mutual-funds/
Calculators
https://investor.sebi.gov.in/calculators/index.html
You can find Monika on her social media @monikahalan.
Twitter @MonikaHalan
Instagram @MonikaHalan
Facebook @MonikaHalan
This is a Maed In India Production; check us out at www.maedinindia.in
Creative Director: Mae Mariyam Thomas
Project Manager: Shaun Fanthome
Head of Audio: Kartik Kulkarni
Producer: Meghna Gulati
Sound Editor: Lakshman Parsuram
Artwork: Alika Gupta
We’re back with a new episode of practical financial advice to help you make informed decisions about your money!
In this episode of Let’s Talk Money, Monika explores how to build financial security for your child's present and future. Learn the importance of putting in place your own life cover and your medical insurance, as well as the necessity of drafting a Will. She also discusses smart investment strategies, such as starting an index fund and a monthly SIP for higher education. Tune in for essential advice on securing your family's financial well-being.
Monika also tackles your questions about flexible travel investment options, the flow between income and investment accounts, and achieving long-term financial goals amid potential tax changes.
Chapters:
(00:31 - 05:03) Financial Products for your Child
(05:16 - 10:21) Short Term Investment Options
(10:23 - 12:49) Cash Flow in the Three Account System
(12:51 - 16:12) Navigating Tax Changes
If you have financial questions that you’d like answers for, please email us at [email protected]
Monika’s book on basic money management
https://www.monikahalan.com/lets-talk-money-english/
Monika’s book on mutual funds
https://www.monikahalan.com/lets-talk-mutual-funds/
Calculators
https://investor.sebi.gov.in/calculators/index.html
You can find Monika on her social media @monikahalan.
Twitter @MonikaHalan
Instagram @MonikaHalan
Facebook @MonikaHalan
This is a Maed In India Production; check us out at www.maedinindia.in
Creative Director: Mae Mariyam Thomas
Project Manager: Shaun Fanthome
Head of Audio: Kartik Kulkarni
Producer: Meghna Gulati
Sound Editor: Lakshman Parsuram
Artwork: Alika Gupta
On Let’s Talk Money, we’re going back to the past to bring back some of our favourite bits of the podcast… just in case you missed it.
This week, Monika unravels the backstory of the National Pension System (NPS), tracing its origins from the OASIS Project committee to its implementation by the Indian government. Learn how the NPS emerged as a defined contribution, low-cost scheme to address old age security concerns, particularly for those outside the organised sector. Discover the intricacies of the NPS, its investment options, tax benefits, and considerations for individuals seeking long-term financial stability. Tune in for practical advice on navigating the complexities of retirement planning with the NPS.
Monika also answers your questions about money back and endowment policies, and whether you should opt for a regular plan or a direct plan while investing!
Let’s Talk Money is coming back from break soon! The next time you tune in, we’ll have a whole new episode for you. See you soon!
If you’d like to go back to the original featured, click the links below:
(00:47 - 06:10) Is NPS the Ultimate Retirement Solution?
(06:21 - 14:25) What Should I Do With My ULIPs, Money-Back & Endowment Policies?
(14:28 - 17:41) Regular Commission Based Plan vs Direct Plan
If you have financial questions that you’d like answers for, please email us at [email protected]
NPS is a good product that lives in a bad market
https://www.monikahalan.com/indias-retail-finance-market-is-a-commission-driven-sales-push-market-that-has-replicated-the-lessons-from-the-packaged-consumer-goods-industry-with-disastrous-results/
Monika’s columns on life insurance
https://www.monikahalan.com/the-very-high-front-incentives-are-triggering-massive-mis-selling-and-fraud-in-life-insurance-i-worry-that-as-the-unbanked-now-get-into-the-formal-financial-system-we-are-setting-them-up-for-financi/
https://www.monikahalan.com/opinion-smart-people-dont-buy-money-back-life-insurance/
Life insurance calculator
https://investor.sebi.gov.in/calculators/Insurance_Calculator_YoungEarners.html
https://investor.sebi.gov.in/calculators/Married_with_KidEarners.html
Monika’s book on basic money management
https://www.monikahalan.com/lets-talk-money-english/
Monika’s book on mutual funds
https://www.monikahalan.com/lets-talk-mutual-funds/
Calculators
https://investor.sebi.gov.in/calculators/index.html
You can find Monika on her social media @monikahalan.
Twitter @MonikaHalan
Instagram @MonikaHalan
Facebook @MonikaHalan
This is a Maed In India Production; check us out at www.maedinindia.in
Creative Director: Mae Mariyam Thomas
Project Manager: Shaun Fanthome
Head of Audio: Kartik Kulkarni
Producer: Meghna Gulati
Sound Editor: Kartik Kulkarni
Artwork: Alika Gupta
On Let’s Talk Money, we’re going back to the past to bring back some of our favourite bits of the podcast… just in case you missed it.
Today, Monika unravels the crucial distinction between saving and investing, emphasising why they should never be used interchangeably. From understanding the basics of savings to exploring the potential of investments across various asset classes, she delves into the transformative power of transitioning from savers to intelligent investors.
Also, she answers your pressing questions about how much is enough for a retirement kitty if you have kids, how to get out of a crippling debt cycle, and whether you should opt for an education loan or let your parents cover your expenses.
If you’d like to go back to the original featured, click the links below:
(00:46 - 05:18) Evolving Towards Smart Investments
(05:25 - 10:57) Calculating My Retirement Corpus With Kids
(11:00 - 16:14) Getting Out Of A Debt Trap
(16:16 - 17:30) Opt for an Educational Loan or Let Parents Pay?
If you have financial questions that you’d like answers for, please email us at [email protected]
Retirement Calculator
https://investor.sebi.gov.in/calculators/Visual_Gold_Planner.html
https://investor.sebi.gov.in/calculators/Assets_Allocations.html
William Sharpe’s Article
https://www.barrons.com/articles/william-sharpe-how-to-secure-lasting-retirement-income-51573837934
Monika’s columns dealing with being in debt and taking loans
https://www.monikahalan.com/new-rules-are-needed-to-stop-predatory-lending/
https://www.monikahalan.com/opinion-why-you-should-keep-paying-emis/
https://www.monikahalan.com/five-years-into-the-base-rate-system-it-seems-that-even-the-move-to-a-base-rate-system-has-not-worked-in-rate-transmission/
Monika’s book on basic money management
https://www.monikahalan.com/lets-talk-money-english/
Monika’s book on mutual funds
https://www.monikahalan.com/lets-talk-mutual-funds/
Calculators
https://investor.sebi.gov.in/calculators/index.html
You can find Monika on her social media @monikahalan.
Twitter @MonikaHalan
Instagram @MonikaHalan
Facebook @MonikaHalan
This is a Maed In India Production; check us out at www.maedinindia.in
Creative Director: Mae Mariyam Thomas
Project Manager: Shaun Fanthome
Head of Audio: Kartik Kulkarni
Producer: Meghna Gulati
Sound Editor: Kartik Kulkarni
Artwork: Alika Gupta
On Let’s Talk Money, we’re going back to the past to bring back some of our favourite bits of the podcast… just in case you missed it.
This week, Monika dives into the age-old debate: Should you rent or buy a home? Exploring generational shifts in home ownership patterns and debunking conventional wisdom, she navigates through the complexities of EMIs, down payments, and fixed versus floating interest rates.
Monika also answers your questions about what to consider when you’re opening your first bank account, how to decide how much you need in your retirement corpus and build towards it, and investing in India as an NRI.
If you’d like to go back to the original featured, click the links below:
(00:47 - 05:21) Should I Buy Or Rent?
(05:29 - 09:56) Opening Your First Bank Account
(09:59 - 13:44) How Much To Put Away For My Retirement Kitty?
(13:46 - 16:06) Investing in India with an OCI Card
If you have financial questions that you’d like answers for, please email us at [email protected]
Monika’s column on the rent or buy question and real estate valuations
https://www.monikahalan.com/at-current-market-prices-where-the-rental-yields-are-just-1-2-renting-is-clearly-better-than-buying/
https://www.monikahalan.com/no-the-metrics-are-saying-it-is-still-strongly-overvalued-but-the-answer-depends-on-your-view-on-how-strongly-black-money-will-remain-in-the-indian-system/
Retirement Calculator
https://investor.sebi.gov.in/calculators/Visual_Gold_Planner.html
https://investor.sebi.gov.in/calculators/Assets_Allocations.html
Monika’s book on basic money management
https://www.monikahalan.com/lets-talk-money-english/
Monika’s book on mutual funds
https://www.monikahalan.com/lets-talk-mutual-funds/
Calculators
https://investor.sebi.gov.in/calculators/index.html
You can find Monika on her social media @monikahalan.
Twitter @MonikaHalan
Instagram @MonikaHalan
Facebook @MonikaHalan
This is a Maed In India Production; check us out at www.maedinindia.in
Creative Director: Mae Mariyam Thomas
Project Manager: Shaun Fanthome
Head of Audio: Kartik Kulkarni
Producer: Meghna Gulati
Sound Editor: Kartik Kulkarni
Artwork: Alika Gupta
On Let’s Talk Money, we’re going back to the past to bring back some of our favourite bits of the podcast… just in case you missed it.
Today we’re talking about medical insurance and the pitfalls of purchasing policies without understanding the fine print. We have a checklist that will help you find the right medical insurance plan - helping you understand how to balance premium costs with comprehensive benefits, navigating co-pay clauses and pre-existing disease coverage. Tune in as we demystify the intricacies of medical insurance and help safeguard your financial well-being in times of medical emergencies.
Monika also answers questions about how to build financial fitness as a gig worker, how to manage joint expenses with your partner when you move in together, and how to plan your expenses when raising children.
If you’d like to go back to the original featured, click the links below:
(00:46 - 06:43) When Opting For Medical Insurance
(06:48 - 10:05) Managing Income From Multiple Sources
(10:08 - 12:10) How Should I Think Of Joint Finances?
(12:12 - 20:36) Costs Of Raising Children
If you have financial questions that you’d like answers for, please email us at [email protected]
Monika’s columns dealing with health insurance
https://www.monikahalan.com/the-mint-securenow-mediclaim-rating-does-the-grunge-work-for-you-and-trawls-through-some-400-data-points-to-bring-you-a-shortlist-of-policies/
https://www.monikahalan.com/differential-pricing-is-the-way-any-industry-with-high-fixed-costs-behaves-but-that-does-not-seem-fair-in-health-care/
https://www.monikahalan.com/thats-why-we-have-the-mint-securenow-mediclaim-ratings/
Monika’s columns on issues relating to money and kids
https://www.monikahalan.com/put-your-kids-picture-on-deposit-but-keep-it-in-your-name/
https://www.monikahalan.com/bringing-up-rich-baby-some-parenting-possibilities/
Monika’s book on basic money management
https://www.monikahalan.com/lets-talk-money-english/
Monika’s book on mutual funds
https://www.monikahalan.com/lets-talk-mutual-funds/
Calculators
https://investor.sebi.gov.in/calculators/index.html
You can find Monika on her social media @monikahalan.
Twitter @MonikaHalan
Instagram @MonikaHalan
Facebook @MonikaHalan
This is a Maed In India Production; check us out at www.maedinindia.in
Creative Director: Mae Mariyam Thomas
Project Manager: Shaun Fanthome
Head of Audio: Kartik Kulkarni
Producer: Meghna Gulati
Sound Editor: Kartik Kulkarni
Artwork: Alika Gupta
In this episode of Let's Talk Money, host Monika Halan dives deep into the pitfalls of bundled life insurance products, urging listeners to steer clear of these financial traps. She reveals how traditional plans like money back and endowment policies prey on investors with deceptive sales tactics, hefty surrender costs, and paltry returns. With a critical eye on regulatory shortcomings, Monika empowers listeners to protect their financial interests by steering clear of bundled insurance and opting for more transparent investment options.
From optimising investments for multiple goals to opening a PPF account for a child, no topic is left untouched. Monika also answers your questions about strategies for lump sum investments versus SIPs, along with considerations for emergency fund placement. Join us for invaluable insights into navigating the complexities of personal finance.
Chapters:
(00:31 - 05:00) Are Bundled Life Insurance Products Any Good?
(05:15 - 08:37) Different Funds For Different Goals?
(08:40 - 10:19) Opening a PPF Account For Your Child
(10:21 - 11:31) Lump Sum Investments vs. SIPs
(11:33 - 13:07) Where to Allocate Emergency Funds?
If you have financial questions that you’d like answers for, please email us at [email protected]
Why is there a bad smell about life insurance in India
https://www.monikahalan.com/the-very-high-front-incentives-are-triggering-massive-mis-selling-and-fraud-in-life-insurance-i-worry-that-as-the-unbanked-now-get-into-the-formal-financial-system-we-are-setting-them-up-for-financi/
Smart people don’t buy money back life insurance
https://www.monikahalan.com/opinion-smart-people-dont-buy-money-back-life-insurance/
The insurance regulator’s 70’s mindset is not serving the purpose in 2020
https://www.monikahalan.com/the-insurance-regulators-70s-mindset-is-not-serving-the-purpose-in-2020/
Signs of market failure in life insurance
https://www.monikahalan.com/signs-of-market-failure-in-life-insurance-the-hindu/
Monika’s book on basic money management
https://www.monikahalan.com/lets-talk-money-english/
Monika’s book on mutual funds
https://www.monikahalan.com/lets-talk-mutual-funds/
Calculators
https://investor.sebi.gov.in/calculators/index.html
You can find Monika on her social media @monikahalan.
Twitter @MonikaHalan
Instagram @MonikaHalan
Facebook @MonikaHalan
This is a Maed In India Production; check us out at www.maedinindia.in
Creative Director: Mae Mariyam Thomas
Project Manager: Shaun Fanthome
Head of Audio: Kartik Kulkarni
Producer: Meghna Gulati
Sound Editor: Lakshman Parsuram
Artwork: Alika Gupta
As tax-filing season approaches, Monika breaks down the basics of capital gains tax. She unravels the distinction between income and profits, shedding light on how different asset classes are taxed. From real estate to stocks, learn about the holding periods that determine whether your gains are classified as short or long term, and discover the varying tax rates associated with each. Monika also dives into the concept of indexation, demystifying how it can help mitigate tax liabilities by accounting for inflation over time. Plus, find out what options are available if you incur losses, including set-offs and carrying losses forward to future years.
For the disciplined investor seeking to refine their portfolio, Monika shares strategies for optimizing asset allocation and diversification. Monika also provides a roadmap for breaking free from the shackles of debt. From seasoned investors refining their strategies to individuals grappling with debt challenges, this episode offers practical guidance and expert insights to help listeners overcome financial obstacles and build a secure financial future.
Chapters:
(00:31 - 04:27) Unpacking Capital Gains
(04:45 - 08:33) Asset Allocation Strategies
(08:37 - 12:38) Reconfiguring Your Portfolio
(12:40 - 14:44) Roadmap to Debt Freedom
If you have financial questions that you’d like answers for, please email us at [email protected]
How to Inflation Adjust Your Asset
https://incometaxindia.gov.in/Pages/utilities/Cost-Inflation-Index.aspx
Index List on the NSE
https://www.niftyindices.com/indices/equity/broad-based-indices
Calculator for Tracking Error
https://freefincal.com/index-fund-tracking-error-screener-feb-2024/#:~:text=The%20lower%20the%20tracking%20error,screener%20hopes%20to%20change%20that.
Monika’s book on basic money management
https://www.monikahalan.com/lets-talk-money-english/
Monika’s book on mutual funds
https://www.monikahalan.com/lets-talk-mutual-funds/
Calculators
https://investor.sebi.gov.in/calculators/index.html
You can find Monika on her social media @monikahalan.
Twitter @MonikaHalan
Instagram @MonikaHalan
Facebook @MonikaHalan
This is a Maed In India Production; check us out at www.maedinindia.in
Creative Director: Mae Mariyam Thomas
Project Manager: Shaun Fanthome
Head of Audio: Kartik Kulkarni
Producer: Meghna Gulati
Sound Editor: Lakshman Parsuram
Artwork: Alika Gupta
Join Monika Halan on this insightful episode of Let's Talk Money as she delves into the world of equity investment. From understanding the fundamentals of equity ownership to exploring the dynamics of stock markets, Monika breaks down complex concepts into digestible insights. Uncover why equity is more than just a financial asset, and how it acts as a gateway to building real wealth and financial independence.
From young professionals starting their careers with queries about investing their surplus income to individuals in their 40s looking to secure their and their children's future, Monika provides practical advice tailored to each situation. Tune in to gain insights into building a solid financial foundation and navigating the complexities of personal finance with clarity and confidence.
Chapters:
(00:31 - 06:34) Fundamentals of Equity
(06:47 - 08:14) Building Wealth from the Ground Up
(08:17 - 11:06) Financial Security in Your 40s
(11:08 - 13:30) Guidance to Support Aging Parents and Plan for Marriage
If you have financial questions that you’d like answers for, please email us at [email protected]
Monika’s book on basic money management
https://www.monikahalan.com/lets-talk-money-english/
Monika’s book on mutual funds
https://www.monikahalan.com/lets-talk-mutual-funds/
Calculators
https://investor.sebi.gov.in/calculators/index.html
You can find Monika on her social media @monikahalan.
Twitter @MonikaHalan
Instagram @MonikaHalan
Facebook @MonikaHalan
This is a Maed In India Production; check us out at www.maedinindia.in
Creative Director: Mae Mariyam Thomas
Project Manager: Shaun Fanthome
Head of Audio: Kartik Kulkarni
Producer: Meghna Gulati
Sound Editor: Lakshman Parsuram
Artwork: Alika Gupta
The podcast currently has 32 episodes available.
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