In this episode, Monika shares a roadmap for managing your finances in 2025, reflecting on the market correction at the end of 2024 and its implications for investors. She delves into the fundamentals of projecting returns, linking them to GDP growth and inflation, and highlights the importance of having a solid financial plan. By emphasizing principles like asset allocation, long-term equity focus, and disciplined rebalancing, Monika demonstrates how to navigate uncertainties while building wealth sustainably in the years ahead.

Monika explains the essentials of asset allocation, starting with the balance between equity and debt. She outlines the need for emergency funds and insurance as prerequisites for equity investments, which are critical for long-term wealth creation. Sharing examples, she highlights the power of patient, disciplined investing through diversified portfolios, including index funds and active mutual funds. She stresses a "thali" approach, balancing different asset classes to align with individual goals, and the importance of periodic rebalancing to maintain the desired risk level.

Listener queries address diverse financial scenarios. Anubhav Agarwal asks whether to use separate funds for multiple long-term goals. Madhu Thakur seeks advice on buying a house versus renting, using parental retirement savings. Kiran Subramanium asks about managing his PF account post-retirement, including tax implications and reinvestment strategies.

Chapters:

(00:34 - 9:21) Your money in 2025: Ground rules for financial planning and investing

(9:22 - 12:45) Choosing funds for multiple goals: Should you separate or combine investments?

(12:46 - 15:59)  Using parental retirement savings to buy a house: Balancing fairness and financial prudence

(16:01 - 17:58) Managing EPF post-retirement: Maximizing returns and tax implications

https://www.epfindia.gov.in/site_en/FAQ.php

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/⁠

Monika’s workbook on recording your financial life

⁠⁠https://www.monikahalan.com/lets-talk-legacy/⁠⁠

Calculators

⁠⁠https://investor.sebi.gov.in/calculators/index.html⁠⁠

You can find Monika on her social media @monikahalan. 

Twitter ⁠⁠@MonikaHalan⁠⁠

Instagram ⁠⁠@MonikaHalan⁠⁠

Facebook ⁠⁠@MonikaHalan⁠⁠

LinkedIn ⁠@MonikaHalan⁠

Production House: ⁠www.inoutcreatives.com⁠

Production Assistant:⁠ Anshika Gogoi⁠