How Can Women Build Their Money Muscles?
Manage episode 456728406 series 3626341
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 mailme@monikahalan.com
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
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