Episodes

  • In this episode, Monika discusses recent changes in life insurance policies that have resulted in improved surrender values for policyholders starting October 1, 2024. Previously, policyholders faced harsh penalties for exiting mid-term, but now they can recover more than 70% of their premiums even after the first payment, and nearly 90% after five payments. This is a significant step towards better treatment of investors, though the insurance industry may still try to navigate around these regulations.

    Next, Monika clarifies that an SWP, or Systematic Withdrawal Plan, is not a standalone product but a method for withdrawing funds from a mutual fund. She emphasizes the importance of understanding how withdrawals can impact overall returns.

    Lastly, Monika addresses listener queries, including Upasana's concerns about rising expense ratios in her mutual fund, Saurabh's questions about portfolio efficiency concerning capital gains taxes, and Visvesara's search for alternative investments after selling a property. She provides insights and advice to help listeners make informed decisions.

    Chapters:

    (00:32 - 00:29) Life Insurance Changes: A Long-Awaited Victory

    (00:30 - 05:41) Understanding Surrender Value

    (05:42 - 07:32) Decoding Systematic Withdrawal Plans (SWP)

    (07:42 - 12:16) Expense Ratios: What You Need to Know

    (12:19 - 14:25) Evaluating Investment Portfolios: Small Cases and Active Management

    (14:28 - 17:23) Exploring Real Estate Alternatives

    https://www.amfiindia.com/investor-corner/knowledge-center/Expense-Ratio.html

    https://www.valueresearchonline.com/funds/selector/category/142/hybrid-dynamic-asset-allocation/?end-type=1&exclude=suspended-plans&plan-type=direct&tab=snapshot

    https://www.valueresearchonline.com/my-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

    ⁠www.monikahalan.com/lets-talk-money-english/⁠

    Monika’s book on mutual funds

    ⁠www.monikahalan.com/lets-talk-mutual-funds/⁠

    ⁠-funds/⁠

    Monika’s workbook on recording your financial life

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

    Calculators

    ⁠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: inoutcreatives.com

    Production Assistant: Anshika Gogoi

  • In this episode, Monika presents an intriguing blend of insights and answers to listener questions.

    First, she explores how several non-US countries are seeking alternatives to the dollar-based global payment system, particularly regarding cryptocurrency. She clarifies that this discussion isn't an investment recommendation but highlights its implications for the future of global transactions.

    Next, Monika dives into a micro event: Airtel’s new app-based fixed deposit service that launched on September 1, 2024. This innovation aims to simplify FD investments by allowing users to choose deposits from various banks through an easy-to-use dashboard. She also shares some risks, especially regarding higher interest rates from smaller banks.

    Finally, Monika addresses three listener questions: one asks whether to pay off a home loan given the changing tax landscape; another inquires about the potential benefits of smart beta funds compared to traditional index ETFs; and the last expresses frustration over unequal investment allocations between spouses, seeking advice on how to handle this with their financial advisor.

    Chapters:

    (00:38 - 02:04) Cryptocurrency: Alternative to Dollar-Based Payment Systems

    (02:06 - 04:24) The Role of Crypto in International Trade: Russia and India

    (04:26 - 07:17) Fixed Deposits: Airtel's App-Based Investment Service

    (07:32 - 11:44) Home Loan Decisions: Balancing Tax Benefits and Financial Strategy

    (11:46 - 15:57) Smart Beta Funds: Understanding Strategy-Based ETFs

    (15:59 - 18:40) Portfolio Allocation Issues: A Case Study on Gender Bias in Financial Advisory

    If you have financial questions that you’d like answers for, please email us at ⁠[email protected]

    Monika’s book on basic money management

    www.monikahalan.com/lets-talk-money-english/⁠

    Monika’s book on mutual funds

    www.monikahalan.com/lets-talk-mutual-funds/⁠

    ⁠-funds/⁠

    Monika’s workbook on recording your financial life

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

    Calculators

    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

    Fixed Deposit Home Page - Airtel

    Ayushman Bharat scheme: Why senior citizens over 70 need separate health insurance covers despite PM-JAY (moneycontrol.com)

    https://cleartax.in/s/section-115bac-features-new-tax-regime-benefitshttps://cleartax.in/s/old-tax-regime-vs-new-tax-regime

    Can smart beta funds deliver on their promise of low risk, high returns? (moneycontrol.com)

    Nifty200 Momentum 30 (niftyindices.com)

    Strategy Indices (niftyindices.com)

    india.fpsb.org/contact/

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  • Monika brings a new format to her podcast from this episode onwards.

    She will first tell you what a macro event means for you. This episode she tells you the impact of government spending on GDP growth and how that matters in your financial life.

    Then she will unpack a micro event. This week it is the changes in the Public Provident Fund that go live from October 1 2024.

    She then answers three listener questions. The first one has to do with when to sell in a bull market.

    Next is a question on shifting to a more tax advantaged product than debt funds.

    And last, a worry about planning mutual fund investments so that the kids can get the money without having to sell the funds.

    Chapters:

    (00:35 - 03:47) Government Spending and Its Impact on GDP Growth

    (03:48 - 07:12) Changes to Public Provident Fund (PPF) Rules and Consolidating Financial Accounts

    (07:47 - 10:49) When to Sell in a Bull Market and the Importance of Asset Allocation

    (11:11 - 14:18) Shifting from Debt Funds to Arbitrage or Equity-Saving Schemes Post-Tax Changes

    (14:25 – 17:17) Legacy Planning and Managing Expectations for Children's Inheritance

    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

  • From the challenge of starting one's financial journey to the intricacies of portfolio creation and the looming concern of retirement, Monika Halan addresses the most common money worries listeners have shared throughout the show. Tune in to learn why it's never too late to begin managing your money, the importance of diversified investments, and how to avoid common pitfalls with insurance products.

    Monika also tackles pertinent questions about how to ensure financial security while working in a family business, whether you should get out of your insurance policy or see it through, health insurance for those with pre-existing diseases, and why you should not place emergency funds in cooperative and small-scale banks.

    Chapters:

    (00:31 - 07:29) Common Money Worries

    (07:43 - 09:42) Financial Security While Working in a Family Business

    (09:45 - 11:06) Should You Opt Out Of Your Insurance Policy?

    (11:08 - 12:05) Health Insurance with a Pre-existing Disease

    (12:07 - 13:19) Storing Emergency Funds in Small Scale Banks

    If you have financial questions that you’d like answers for, please email us at [email protected]

    Monika’s column on the issue

    https://www.hindustantimes.com/opinion/eat-the-rich-but-do-it-in-a-logical-way-101719846246923.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/

    -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

    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 this episode, Monika Halan demystifies the concept of debt in investing. Learn how familiar products like bank FDs, bonds, and PPF fit into your financial strategy, providing stability and assured returns. Monika explains the role of debt products in balancing your portfolio and offers insights into using bond funds for various financial goals. Tune in to understand the nuances of debt investing and how it complements equity for a well-rounded portfolio.

    Monika also answers questions about whether you should invest in the NPS if one is already contributing to EPF, how to firm up your allocation and retirement corpus before marriage, and how to invest your gratuity amount for a short term duration.

    Chapters:

    (00:31 - 05:15) The Importance Of Debt Products

    (05:31 - 07:04) EPF vs NPS

    (07:07 - 08:52) Building A Corpus Before Marriage

    (08:53 - 11:11) Investing For Short Term

    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

    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

  • Today, Monika addresses the critical issue of women and financial independence. She discusses how women have traditionally used methods like kitty parties and gold investments to secure their finances. Monika emphasises the importance of women transitioning to formal financial products like PPF and mutual funds, and provides actionable steps for women to build their financial security and take control of their assets.

    Monika also answers your questions about investing in Mutual Funds over ULIPs and what to look for when selecting a fund, how to teach financial literacy to your kids, whether it’s wise to open a demat account in the name of non-earning family members, and opting for mutual funds over exchange traded funds.

    Chapters:

    (00:31 - 04:38) Women Take Control Of Money

    (04:51 - 07:10) When Selecting A Fund

    (07:13 - 08:03) Financial Literacy For Kids

    (08:05 - 09:27) Opening A Demat Account In Someone Else’s Name

    (09:30 - 11:25) Mutual Funds vs Exchange Traded Funds

    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

    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 this episode of Let's Talk Money, Monika Halan breaks down what loss aversion is, and how it affects our financial decisions. She explains how simple nudges can help us overcome irrational behaviours and make better financial choices. Monika shares practical tips for organising finances and setting saving goals, along with examples of successful state-sponsored programs.

    Monika also answers your questions about the pros and cons of opting for a Portfolio Management Scheme over Mutual Funds, asset allocations in equity and debt for someone working in the IT industry, and why one should opt for the broad market index funds.

    Chapters:

    (00:31 - 05:48) Personal Nudges For Better Money Decisions

    (06:01 - 07:40) Portfolio Management Scheme vs. Mutual Funds

    (07:42 - 10:52) Reworking Your Asset Allocation

    (10:54 - 12:00) Why Broad Market Index Funds?

    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/

    -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

    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 this episode, Monika dives into the key highlights and implications of India's Budget 2024. Discover how the new tax slabs and increased standard deductions will affect the middle class, the changes in capital gains taxes, and what they mean for your investments. Monika also explores the government's steps towards job creation, the regulation of the futures and options market, and the broader impact of these measures on everyday life.This week, Monika takes on concerns from the team about the Budget! She answers questions about losing out on real estate indexation, how the Budget impacts small business owners, and things we should keep in mind with the revised capital gains taxes.

    Chapters:

    (00:31 - 08:09) The Budget Story in 2024

    (08:25 - 09:35) Tweaking Investments based on New Capital Gains Taxes

    (09:38 - 11:22) New Indexation Laws for Real Estate

    (11:24 - 12:47) Budget Impact on Small Owners

    (12:50 - 13:30) Is it a Good Time to Buy a Car?

    If you have financial questions that you’d like answers for, please email us at [email protected]

    Monika’s column on the issue

    https://www.hindustantimes.com/opinion/eat-the-rich-but-do-it-in-a-logical-way-101719846246923.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/

    -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

    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 have a special episode for you this week! Monika Halan sits down with Ashwani Bhatia, a whole time member (WTM) of the Securities and Exchange Board of India (SEBI), to delve into the measures and strategies SEBI employs to protect investor interests in an ever-evolving market landscape.

    They discuss the role of SEBI in maintaining market integrity, the importance of investor education, and the steps being taken to combat financial fraud. Tune in to understand how SEBI's regulatory framework adapts to changing market dynamics and what investors can do to safeguard their investments.

    Chapters:

    (00:31 - 03:35) Introduction

    (03:35 - 05:42) The Need for SEBI

    (05:42 - 07:21) How was SEBI Established?

    (07:21 - 10:34) How has the Market Changed?

    (10:34 - 14:43) Roles and Responsibilities

    (14:43 - 22:06) Psychology of Retail Investors and Day Traders

    (22:06 - 26:18) The Rise of Retail Money

    (26:18 - 31:50) Advice for Investors to Protect against Scams

    (31:50 - 33:55) What can Investors Expect from SEBI?

    To know more about the Securities and Exchange Board of India, head to https://www.sebi.gov.in/

    The company analysis site Ashwani refers to

    https://www.screener.in/

    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

    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

  • Today, Monika dives into the complexities of managing finances in a joint family setup. From sharing expenses and building personal assets to ensuring proper insurance and drafting a Will, she offers practical advice to help you navigate the financial dynamics of living with extended family. With real-life stories of both pitfalls and successes, Monika guides you on how to balance love, responsibility, and financial independence within the family. Tune in for essential tips on maintaining harmony and securing your financial future amidst the challenges of joint family living.

    Monika also tackles pertinent questions about how to get your finances in order before marriage, whether or not you should invest in the NPS if you already have an EPF, and whether broad market indices can be manipulated to your benefit.

    Chapters:

    (00:31 - 04:21) Finances in Joint Families

    (04:36 - 07:45) Streamlining Finances and Investments Before Marriage

    (07:48 - 08:54) Should You Invest in the NPS?

    (08:56 - 11:28) Investing in Broad Market Indices

    If you have financial questions that you’d like answers for, please email us at [email protected]

    Monika’s column on the issue

    https://www.livemint.com/Money/bTh6OKNzSIv1slJFyyYGvL/Joint-family-finances-minefield-of-embedded-emotional-bombs.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: Lakshman Parsuram

    Artwork: Alika Gupta

  • In this episode, Monika discusses the financial steps to take after an unexpected job loss. She provides practical advice on negotiating severance packages, extending medical benefits, consolidating finances, and cutting discretionary expenses. Monika also emphasises the importance of having a financial plan ready, highlights resources for unemployment support, and offers tips to stay mentally resilient while seeking new employment. Tune in to learn how to navigate the financial challenges of job loss and prepare for a more secure future.

    Monika also helps you navigate through building an early retirement corpus for short service retirees in the air force, how to include your partner in financial planning, and the right time to surrender your ULIPs.

    Chapters:

    (00:31 - 04:33) Coping with Layoffs

    (04:44 - 08:42) Building Retirement Corpus as an Air Force Pilot

    (08:45 - 11:47) Including Your Partner in Financial Planning

    (11:49 - 14:02) When To Surrender Your ULIPs

    If you have financial questions that you’d like answers for, please email us at [email protected]

    Some government unemployment benefit schemes

    https://www.esic.gov.in/information-benefits

    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

  • This week, Monika delves into the best way of utilising your raise. She discusses the importance of understanding inflation-adjusted raises, evaluating your performance relative to company averages, and considering strategic job changes for better compensation. Tune in for practical advice on how to respond to your raise and make informed decisions about your career and financial future.

    Monika also answers your questions about the pros and cons of purchasing medical insurance for retirement if in a government job, the optimal duration for your loans, whether NRIs should consider debt funds despite recent tax changes, and the reliability of new fund offers.

    Chapters:

    (00:31 - 05:33) Fully Utilising Your Raise

    (05:47 - 08:38) Pros and Cons of Medical Insurance

    (08:41 - 09:51) Length of Your EMIs

    (09:53 - 12:10) Debt Funds as an NRI

    (12:12 - 13:36) Should You Invest in NFOs?

    If you have financial questions that you’d like answers for, please email us at [email protected]

    MOSPI Website for inflation numbers

    https://cpi.mospi.gov.in/Default1.aspx

    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

  • 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