संवाद 102: Monika Halan's masterclass on how to grow your money and secure your lives
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- Опубліковано 5 лип 2024
- #personalfinance #stockmarket #investing
Monika Halan’s career spans across media, public policy and financial education. She is the Founder of Dhan Chakra Financial Education and Author of the bestselling book, Let’s Talk Money. She has public policy experience and has served on several high-profile government of India and SEBI committees. She has worked across various media organisations in India, including Mint, The Economic Times and The Indian Express, and was Editor Outlook Money.
She has run four successful TV series around personal finance in NDTV, Zee and Bloomberg India. She is an MA in Economics from the Delhi School of Economics and MA in Journalism Studies from University of Wales. A Yale World Fellow (2011), Halan is based in New Delhi.
Her book 'Let's Talk Money: You've Worked Hard for It, Now Make It Work for You' is a bestseller. Order your copy here: www.amazon.in/Lets-Talk-Money...
0:00 Trailer
1:47 Intro
2:30 Why US banks collapsed
6:46 How India managed better
9:11 Crypto boom bust Vs Stability of Sensex
12:42 Rule of investing: Be boring
14:08 Everyone should’ve 3 bank accounts
18:00 Art of spending, saving & investing
22:25 Everyone must’ve an emergency fund
25:52 When youth should get Medical insurance
29:13 Never treat Life Insurance as an investment
31:42 Prepare a ‘If I die before you’ file
32:14 Formula for term insurance amount
35:07 Golden rule: Focus on your needs, not investment instruments
42:20 The most asked Q: SIP Or Lump Sum
45:10 Is it a good time to invest?
46:13 Buy house or rent?
50:35 Retirement planning is a must
55:04 Don’t chase returns blindly, manage risk
57:29 Seek help from financial planners
1:00:57 State of personal finance education in India
1:04:48 Next book out in June
The diversity of talks in this channel is amazing....
My favourite thing.
I have been reading her articles in Mint since early 2000’s. Man, I love this woman.
Read her book -2 times, made notes, implemented things (Emergency, Health, Term Insurance). waiting for next book. Thanks for the video.
Was it worth it
@@gayatricasey6618 yes, highly recommended.
@@kanavsharma2609kaybkr upar he?
Extremely relevant podcast at current time. Well done sir
This interview is most needed at this time 👍👍👍👍❤️
she is very charming and cheerful even in conversing hard topics.. loved it
very relevant episode, zabardast rha, Monkia mam ne kafi cheeje clear ki h.
this lady should be RJ,
i love to listen that channel regularly 😊
Amazing Podcast 😍😍😍🙏🙏🙏
I think I am on the right track after listening to ma'am. Thank you. This type of podcast are valuable.
Thank you so much for this podcast. I think SIP is the best way forward for middle class salaried men and women. Waiting for the next book and next podcast with Monika ma'am.
😊
She's so sweet,esa economics professor ho to mein eco mein top kardoon
Money Money Money series was my inspiration and Monika Madam was guiding light for my Money Box...
Thank you Arihant Bhaiya🙏
Very nice interview and Monika explained many complex subjects in easy to understand language.
All the advises worth in gold, thanks a lot.
30:58 This is one biggest negligence people do, spouse should be aware of the all the financial details, in case of sudden emergency / demise.
Hence I have made excel sheet in Google drive (so it will automatically upto dated) and shared the link to my spouse, with all the financial details of bank, demat , Insurance details etc, with notes with as much details as possible.
Also always update the nominee( include spouse and children both), else it will be a big legal hassle later.
Thanks for giving the Amazon link in the description, just ordered a copy of the book
Excellent discussion. Thanks a lot Vaad channel.
Tip my hat Mrs.Monika halanji,God bless.Your views are great.I wish everyone learn.
for algo, good that you are diversifying.
Important topic. 👍
Great session...
Lets talk money is must read.
Very good podcast.. thank you Arihant
23:50 Gold, yes and now we are going to be again dependent on gold - Currency will be pegged to gold #dedollarisation
A suggestion here: make shorts out of these podcasts and short videos of 10-15 min about relevant topics.
The way she describes awesome
3 bank acs . Madam youve given me the key! Thank you!
Financial knowledge jewel...
You are amazing madam and superb wisdom
Live cheap ,be Happy and save for future. Learn about Index mutual funds and postal certificates.Stay away from financial advisor who charge high fees in front. Do paper trading using chart before you trade stock market.
No Ankur warikoo is harmed in this video
Very good discussion
The day I get my stipend I put 5k in my Paytm wallet, credit 15k to mata ji and rest 5k in bank.
I try to always pay with wallet it keeps the track of spending.
As of now I am not thinking about savings but it's for sure I would have a alternate bank account which I won't register for UPI and park my savings there.
Bhai ab Paytm ya anya wallet se 2000 se jyada payment par tax lagega
abhe behen ke laude wallet mat use kar credit card le aur credit history bana loan lene main kaam aayega
@@MOHIT836 pata nahi bhai, us time dekh lenge
Very good podcast
She should be awarded
Good one
Thanks 🙏
Definitely, school children must have the financial education provided by the school
Ma'am is greatest
Sweet lady with a sweet voice
Amazing
❤
Layoffs all over the tech industry, banks collapsing, inflation....so many problems...
Very good
The guest should read and listen to Prof Bharat Gupta and the 2 Dr Haries on Bharat Gyan regd property for women in Bharat till Islamic invasion and british rule. There was a lot of support for women in terms of streedhaan both from parents and inlaws.
She is talking about streedhan during and after medival period.
I think sometimes 3-4 log hone chahiye topic discuss k samy aur Janta ko lge ki Intellectual hai naki sirf bahas ho.Aur maza aata hai Podcast dekhne m.
इंट्रो तो दे दे भई 😂
One who has more money wants even more money. The key is contentment, not money.
👌👍
👍
Book kha se milage
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I think about a topic & person. Many times I found next topic is of @vaad is same
Amazing one ❤💯
👍🏻
Does monika maam have her own utube channel.? Plz reply if have🙏🏻🙏🏻
40 years ke pehle private pension scheme lena chahiye ya nhi ?
Book should be 25 din mein paise double
🙏🙏🙏👌👌👌
जय श्री राम 🌹💐🙏
Why not old one?
वहाँ लोगों के पास पैसा आया तो महँगाई बढ़ी, हमारे यहाँ तो महँगाई भी बढ़ रही है और आम आदमी के पास पैसा भी नही है🤔🤔
next time portfolio check karwana padega arihant bhai ko😂😂
Very reputed MFs have given low rate of return over 10-15 years. Bought and forgot about them. So it's not as simple as ma'am is making it out to be. But I hope she addresses that in the book at least.
Other info as she says is basic personal finance that needs to be done but often gets ignored or put off for later.
What she's saying is nothing new but good solid basics that HAS to be done. Bought her book BTW. Hope to do the missing parts over time. Good thing is it's a latest book and fitting to Indian situation.
So how much low return you got over 10 to 15 years. Was it even less than PPF?
Great talk! Keep it boring and simple! just wondering why they are wearing headsets.
Ab already school me padhaya ja raha hai Mai khud apne school me padha Raha hu 6 to 10th start ho chuka hai ICSE board me
Bro jay vardhan singh ko bulao.
Good podcast to learn the basic investment approach, but nothing special.
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If this channel have 10 million subscribers then within months subscribers becomes double.
This theory not working
How rubbish comparing house rent with ppf😂 who will consider asset appreciation 😆always Buy Buy Buy the house !
Asset appreciation is usually due to currency depreciation due to inflation ..mostly.
@@cityofjoy8830 that justifies my answer.. buy HOUSE
Women were obsessed with gold. Neither father nor father in law gave her gold. Stree Dhan? wo kahaan se aya fir? Aladinn ka chiraag?
Sir, you should read Hindu succession act of 1956. Women rights to property was not there earlier hence the gold that she received from family was the only source of her financial independence.
By assets she meant fixed assets
Father gave gold. Also in some cultures in India, even the in-laws gives gold as new member to family, welcoming Laxmi
Isko PPF interest rate to pata nhi,, Finance Guru Banne chale
jus playing with words ... English hindi and then tough English and tough hindi when needed to wrinkle out the smoooth talk .. aap bhi faila rahi ho ..america accha. nahi hai woww .. kabhi jakar dekho wahan ..indians wahan se kabhi wapas nahi atey
bhai kis ko leke aaye
very basic stuff which any commerce guy knows and even someone who has been in market knows. nothing special. I would not call her an expert and would never buy her book for sure.
I think that's what her point was. The rules are plain simple n boring. If u already a comm guy then surely no need to listen this or buy her book.
Not all of us are commerce graduate, for me it was very informative.
@@arth_chart5280 I am not either and still I know it.
Bro we are science. Have no idea about this
Bro all r not commerce graduates..some still don't know what's investing
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