Expense AccountFinancial LiteracyInvestmentsMoney BoxPersonal FinanceJanuary 1, 2018by Monika Halan0Your money in 2018
A look in the rear view mirror to predict what lies ahead for your money in 2018
Expense AccountHindustan TimesMoney BoxPersonal FinanceUncategorizedDecember 19, 2017by Monika Halan0FRDI Bill’s bail-in clause: Two options for the government
RBI has been a poor regulator of retail customers. We are safer post FRDI than today. But given the fear, bail-in can be removed below a certain threshold. Or hard code consent in the Act.
Expense AccountPersonal FinanceDecember 12, 2017by Monika Halan0FRDI Bill is not going to hike the risk to your deposits
The FRDI Bill is about putting a process in place for financial firms as an early warning system. The government does not want to eat your deposits.
Financial LiteracyHindustan TimesMarketsPersonal FinanceRegulationDecember 12, 2017by Monika Halan0FRDI bill: Don’t worry, your fixed deposits are safe and banks cannot use them without your consent
Your deposits will be insured, just as they are today and there is an additional protection for depositors because the bail-in can be invoked, and your deposits be lost, only if you have given your consent to the bank when you signed the deposit forms. Bank deposits are the one true friend of a...
Financial LiteracyInvestmentsMoney BoxMutual FundsPersonal FinanceNovember 14, 2017by Monika Halan0Move over NPS, ETFs will eat your lunch
NPS lost the battle to a bureaucratic tinkering with product structure and costs. ETFs have come of age.
Behavioral EconomicsConsumer RightsExpense AccountPersonal FinanceOctober 31, 2017by Monika Halan0Why Richard Thaler’s Nobel means a win for consumers
If you have had the occasion to have economist and Nobel laureate Richard Thaler sign a book for you, it’s likely that you have one that says, “Nudge for good” or “Misbehave for good”. Nudge and Misbehaving are books written by Thaler. Nudge, written earlier than Misbehaving, is about tweaking the choice architecture so that people make better decisions. For example,...
Expense AccountFinancial LiteracyMintMoney BoxPersonal FinanceOctober 3, 2017by Monika Halan0FY2018: The year of the mutual fund?
Highlights from the Mint Mutual Fund Summit 2017.
Expense AccountMoney BoxPersonal FinanceSeptember 16, 2017by Monika Halan0Missing that fire in the belly
Pushed to the edge of the cliff, we learn to fly. But what happens to kids who grow up with all their needs and desires fulfilled? Where's the fire in the belly?
Expense AccountFinancial LiteracyMintMoney BoxMutual FundsPersonal FinanceSeptember 12, 2017by Monika Halan0Managing cash flows for those with fluctuating income
Doctors, lawyers, consultants and self employed face uneven income flows but stable expenses. How to manage your money box.
Expense AccountFinancial LiteracyInvestmentsMutual FundsPersonal FinanceAugust 29, 2017by Monika Halan0Need supply side solutions to solve the household finance problem in India
Indian households are not stupid. It is the market that is broken