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...

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...

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...

In this episode of Let's Talk Money, Monika unpacks the intricacies of Sovereign Gold Bonds (SGBs). From understanding their purpose in reducing gold imports to exploring tax benefits and investment strategies, Monika provides insights into this alternative to holding physical gold. Discover why SGBs offer a convenient and lucrative option for investors looking to diversify their portfolios and secure their financial future. Tune in to learn how SGBs can transform your approach to investing...

In this episode, we uncover how the Risk-o-Meter plays a crucial role in measuring and understanding the risk associated with different mutual fund schemes. Monika breaks down the evolution of the Risk-o-Meter, starting from its inception in 2013 to the recent changes mandated by SEBI. We explore the flaws of the previous version, which failed to accurately depict the varying risk attributes within asset classes. Learn how investors and advisors can leverage this tool to make more informed...

In this episode of Let's Talk Money, Monika dives deep into the asset class called debt and unpacks the nuances of debt as an investment option. She explains how debt instruments function, from fixed deposits to government bonds, emphasising the correlation between risk and return. She also discusses the role of debt products in providing stability to investment portfolios, contrasting their characteristics with more volatile equity investments and also touches upon the tax implications of...

Join Monika on Let's Talk Money as she demystifies market capitalisation (market cap) and its significance in investments. Learn how to categorise stocks into large, mid, and small caps, and discover the ideal portfolio mix for long-term investors. Tune in for a quick dive into the essentials of understanding and using market capitalisation to build your portfolios. In this episode, Monika dives into the intricacies of financial planning in your forties. From optimising debt investments to...

Join Monika on this episode of Let's Talk Money as she demystifies real estate investment trusts (REITs). Gain a deep understanding of how REITs function and the regulatory landscape they operate within. Explore the potential returns for investors, the various types of properties involved, and who should consider adding REITs to their investment portfolio. Whether you're a seasoned investor or new to the world of finance, don't miss out on this insightful discussion about this intriguing...

In this episode, Monika dives into the intricacies of index investing, unravelling the mystery behind the index number. She breaks down the fundamentals of index numbers for the Sensex and Nifty 50, drawing parallels with the familiar inflation index. Uncover the essence of these indices, understanding their composition, dynamics, and significance in the world of finance. Learn how to use index investing as a low-cost and efficient strategy to secure your financial future. Join Monika as she...

Today, Monika delves into the intricacies of the National Pension Scheme (NPS). Discover the backstory behind its inception and learn about its numerous benefits as a retirement planning tool. Monika explains how pensions can now be targeted with a  flexibility of investment choices, and why NPS is gaining popularity as a low-cost and efficient option for securing your financial future.  Learn how to kickstart your investment journey in India as an NRI, decipher the complexities of insurance...

This week, Monika dives into the power of compound interest. Learn how simple investments can yield extraordinary returns over time, and discover the dual nature of compound interest both as a wealth-building tool and a cautionary tale for managing debt wisely.  From weighing the pros and cons of taking educational loans to early aspirations of earning and building towards a secure financial future, Monika takes on your questions about navigating the complex world of finances. Tune in as she...

Join us this week as Monika helps you understand the basic framework of personal income tax. From the different heads under which we as individuals pay taxes directly to the government, to the difference between gross income and taxable income, she demystifies it all. She also explores how taxation can influence our behaviour. She also takes on your questions about trying to cope with debt. Whether it’s juggling home loans, a bad credit score, or the importance of an emergency fund, Monika...

In the last episode of the season, Monika shares insights on recommending trustworthy planners and navigating the complexities of financial intermediaries. She also breaks down the distinction between mutual fund distributors and registered investment advisors to help you make an informed decision about who’d be a better fit for you. Monika also takes on your questions about planning for goal-oriented investments and optimising existing resources in a tax-efficient manner. She revisits the...

Budgets are an important part of our country as they define the flows of money from and into the economy. As we gear up for Budget 2024, Monika dives into the intricacies of this annual fiscal exercise. In this special episode, she breaks down the union budget, drawing parallels between government and household budgets. Monika sheds light on deficits, their implications, and why not all deficits are created equal.  Find out how government spending shapes the economy and where your tax money...

In this episode, Monika highlights the importance of shifting from the mindset of simply saving to intelligent investing. Recognize the need for intentional savings and how they can evolve into smart investments. Find out about the potential gains of investing across diverse asset classes, and how to make your money work hard for you. Monika also tackles pertinent questions about crafting the perfect mix of investments through your own asset allocation. She also underlines the unique...

As the budget season approaches, Monika sheds light on the fiscal deficit, a critical number in the annual budget. Explore how the deficit impacts your life, how the government finances it, and why it matters where the borrowed money is spent. Uncover the intricacies of deficit financing, borrowing, and the ripple effects on inflation and private sector growth. Discover the government's spending priorities and the balancing act to prevent runaway inflation. Monika also answers your questions...

In Episode 08, Monika breaks down the factors that influence currency strength. Delve into the complex world of currency markets, and discover why a strong currency isn't preferred by exporters. From inflation to capital flows, Monika explains what causes the rupee’s depreciation and offers insight into the economic forces shaping our global transactions. Monika also takes on your questions about planning for your retirement! Are your twenties too early to be planning? How should you begin...

Welcome to a special episode as we ring in the new year with Swarup Mohanty, Vice Chairman of the board of Mirae Asset Management, a South Korean-owned fund house. Monika asks Swarup questions that address the anticipation and expectation of what the New Year will bring, in the face of global geopolitical challenges as well as uncertainties closer to home.  Monika asks Swarup to share insights on navigating the VUCA (volatility, uncertainty, complexity, and ambiguity) world, the impact of US...

Today, Monika takes on cryptocurrencies, as she delves into how banks worldwide view it, and what this token really represents. She also breaks down the intricacies of the value of the crypto coin, and the factors that contribute to its volatile rise and fall.  Monika also takes on your questions about the different kinds of life insurance policies out there and which one might work best for you. Tune in as she simplifies insurance policies, so you're equipped to make informed decisions...

This Friday, Monika unravels the intricacies of mutual funds. Will they lead to a short term gain or is this a long marathon? Tune in as Monika explains how to navigate this vehicle to invest in securities like stocks and bonds, how to create a diverse portfolio of funds, and picking the right scheme to manage your money. Monika also tackles pertinent questions from listeners about managing your finances with the decision to have kids: covering the costs of IVF and egg freezing, how to plan...

In today’s episode, Monika takes up how to decide on the best medical insurance for yourself and your family, and takes up your financial confusions about personal debt. She breaks down the essential factors to consider while selecting medical insurance, from avoiding common pitfalls to ensuring you have the coverage you need.  Whether you're dealing with a daunting debt trap, considering taking out a loan without falling into a financial pitfall, or facing distressing situations due to...

Today, we’re deep diving into the timeless debate of rent vs buy. Monika sheds light on essential factors that should influence your decision: from the sustainability of high EMIs to the different kinds of home loans out there, she’s got you covered!  Plug in your headphones in as Monika Halan equips you with the tools to master your money and takes on your questions about finding your way around fluctuating income, navigating past blunders, and running a small business with your eye to the...

In our very first episode, Monika delves into the latest financial news, unpacking the ups and downs of the stock markets and telling you how to find the steady path to long-term returns. Monika also answers pressing questions from opening your first bank account to navigating the world of credit cards and what to do with your very first salary. Chapters: (00:30 - 03:33) Ups & Downs in Stock Markets (03:44 - 08:11) Question: Opening Your First Bank Account  (08:15 - 12:06) Question:...

It's time to take control of your financial destiny with Monika Halan as your guide. Tune in every week as we explore everything money: from debt, to mutual funds, to managing your finances that will make you feel confident and more secure. If you have any questions for Monika, You can find Monika on her social media, Twitter @MonikaHalan Instagram @MonikaHalan Facebook @MonikaHalan Or email [email protected]