Table of Contents
Book Review 
Let’s Talk Money by Monica Halan is a practical and beginner-friendly guide to financial planning, especially for those who consider themselves “money dummies.” Aimed at readers of all ages—from their 30s to 50s—the book offers a step-by-step roadmap to help individuals take control of their finances and reduce daily money-related stress.
Unlike many complex finance books, Halan excels at breaking down financial concepts into simple, relatable language. She emphasizes the importance of creating a financial plan and makes the process approachable by focusing on goal setting, budgeting, and disciplined saving.
Drawing from her personal journey—she began investing at the age of 50—Halan keeps the narrative engaging and authentic. She covers all key areas of investment, including mutual funds, stocks, real estate, and fixed deposits, guiding readers on how to build financial security using the right mix of financial products.
The book also discusses how to align investment choices with one’s risk tolerance and long-term financial goals. It stresses the importance of insurance—life, health, and disability—as a crucial part of financial planning and offers advice on selecting suitable policies.
Debt management is another focus, with practical strategies to avoid falling into debt traps. Halan also underscores the importance of early retirement planning, detailing various savings options available in India to build a secure retirement corpus.
A dedicated chapter on tax planning provides tips to legally reduce tax liabilities. In a post-pandemic world, where financial uncertainty still looms, Let’s Talk Money serves as an accessible and empowering guide to managing money wisely.
Book Review
Let’s Talk Money by Monica Halan is a practical and beginner-friendly guide to financial planning, especially for those who consider themselves “money dummies.” Aimed at readers of all ages—from their 30s to 50s—the book offers a step-by-step roadmap to help individuals take control of their finances and reduce daily money-related stress.
Unlike many complex finance books, Halan excels at breaking down financial concepts into simple, relatable language. She emphasizes the importance of creating a financial plan and makes the process approachable by focusing on goal setting, budgeting, and disciplined saving.
Drawing from her personal journey—she began investing at the age of 50—Halan keeps the narrative engaging and authentic. She covers all key areas of investment, including mutual funds, stocks, real estate, and fixed deposits, guiding readers on how to build financial security using the right mix of financial products.
The book also discusses how to align investment choices with one’s risk tolerance and long-term financial goals. It stresses the importance of insurance—life, health, and disability—as a crucial part of financial planning and offers advice on selecting suitable policies.
Debt management is another focus, with practical strategies to avoid falling into debt traps. Halan also underscores the importance of early retirement planning, detailing various savings options available in India to build a secure retirement corpus.
A dedicated chapter on tax planning provides tips to legally reduce tax liabilities. In a post-pandemic world, where financial uncertainty still looms, Let’s Talk Money serves as an accessible and empowering guide to managing money wisely.
Book Review
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Let’s talk Money by Monica Halan is a roadmap for financial planning who feels they are “money dummy”.
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In this book, Author offers insights on managing our finances effectively, whether we are in our 30s or 50s. She provides us with a path to follow, which will indeed assist us in managing our finances and liberate us from the daily concerns about money.
- There are numerous finance books available, but this particular author has succeeded in making the subject understandable even to those with no prior knowledge of finance. Author underscores the significance of creating a financial plan. She simplifies the process into manageable steps, concentrating on setting goals, establishing a budget, and saving money.
- Author has attempted to keep the book engaging by sharing examples from her own life, revealing that she began investing at the age of 50.
- She has attempted to encompass all facets of investment, including mutual funds, stocks, real estate, and fixed deposits. Basic aim is to help in building financial security using financial products and to have multiple financial options.
- Author provides insights on how to choose the right investment based on individual risk tolerance and financial goals.
- This book highlights the significance of incorporating insurance into a financial strategy. She delineates various forms of insurance, such as life, health, and disability, and provides guidance on selecting appropriate policies.
- The book provides practical tips for managing and minimizing debt. It underscores the dangers of excessive borrowing and offers strategies to steer clear of debt traps.
- The author emphasizes the importance of early and effective retirement planning. She outlines the various retirement savings options available in India and discusses how to build a retirement corpus.
- The book contains a chapter dedicated to tax planning, offering strategies to legally and efficiently minimize tax obligations.
- In times when the pandemic lingers, this book serves as a guide that simplifies the concept of financial management for easy understanding.
- I would highly recommend Let’s talk Money by Monica Halan for your all investment knowledge.
- Total pages :288
What I don’t like about book?
- There are loads of details which at one time is difficult to remember so I suggest keep a pen and notebook handy for understanding investments in better way.
- The book is designed with Indian readers in mind, which may restrict its applicability for an international audience.
About Author
Monica Halan is a well-known financial planner and consulting editor at the Mint newspaper. She is the founder of Dhan Chakra Financial Education and the best-selling author of Let’s Talk Money that is now available in Hindi, Marathi and Punjabi as well. She is an Adjunct Professor at Banasthali Vidyapeeth, Rajasthan. She is the Chairperson of Sebi’s Advisory Committee for Investor Protection and Education Fund.
Conclusion
Highly recommended for anyone looking to gain clarity and confidence in managing their finances and investments.
