Financial Planning Tips News

There is no perfect moment to start investing. Just start, says personal finance expert Monika Halan in this episode of Money With Monika. It takes very little to start investing as much as just 500/month in a mutual fund SIP, adds Monika. She explains to viewers why investing early will allow them to reap the benefits of compounding over the long term. Monika Halan is consulting editor with Mint and author of 'Let's Talk Money'. Money With Monika is a weekly personal finance show published on livemint.com

We spoke with a few people making new beginnings in their lives this new year to find out how they are balancing out the joys and challenges, and how financially prepared they are to make the transition

Why mutual funds? That's the question personal finance expert Monika Halan, consulting editor of Mint and author of 'Let's Talk Money', answers in this episode of 'Money with Monika'.Mutual fund investments do come with risks, she says, but it's a gamble worth making for a diverse, and more lucrative, investment portfoliobe it for a seasoned investor or a beginner taking her first steps in financial planning. See mutual funds as a buffet, Monika Halan says, and invest according to your taste.Money With Monika Season 2, Episode 1: Mutual funds guide for beginners