Introduction
Let’s Talk Money written by Monika Halan is a book for financial education. Here we will share an honest and open review of the book “Let’s Talk Money”. This was first published in 2018 in India and this is now one of the best selling book on finance and money. The author is an Indian, she understands the India culture and mindset of the Indian people towards money. She understands the saving habits & capability of Indian people. Let’s Talk Money contains 14 chapters which talk about saving, money, mutual funds etc.
Ms. Monika Halan the author of Let’s Talk Money is a very well known person. She has worked in well known media houses like Mint, Outlook Money, Indian Express, The Economic Times, Business today, NDTV and Zee . She lives in New Delhi and she is a regular speaker on financial literacy, regulations and women empowerment. During an interview she explained how she was amazed when she understood the power of Compounding. This was in year 2003-2004 if I am not wrong
About the Book
Let’s Talk Money book contains 14 chapters. All chapters will keep you engaged and make you think. This book is more beneficial for the beginners; who are not good in finance. They must read this book to learn how to make yourself safe by saving money and may not be good for the financial planner or expert. The new edition of the book also contains lessons learnt from Covid-19 pandemic. We all like to save money and become rich. This book will help you to organize your money and put your money to work for you. There are many good books available in the market like The Psychology of Money but Let’s talk money is much better for Indian citizens.
It will help you to plan for your retirement. You will get an idea of how much money you need at the time of your retirement. A well said quote by the author of the book Let’s talk Money explains this.
You need to target eighteen to thirty-five times your annual spending at sixty for your retirement – Monika Halan
Conclusion
Let’s Talk Money is one of the must read book for beginners or intermediate financial planner but definitely NOT for the financial experts If you are serious to fix your finances or in the process to make your finances healthy, you must read this book. It gives you method which practically works very well for how to save money & invested it mindfully.
I loved the way it is explained in the book to manage three different bank accounts for expenses, saving and investment respectively. Being honest on our review, the earlier you will read this book the more benefits you could get from it. This is one of the best book for all generations whether you are in your 20s, 30s, 40s or 50s. Better late than never. You could purchase this book on amazon.
Disclaimer: The above mentioned details are solely my views after reading the book. It not intended to hurt anyone. Any relation with this article will be purely co-incidence. This is NEITHER SPONSORED NOR ENDORSING anyone.
Other Topics
Source: Knowledge Base, Internet
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