What Does Your Raise Say About Your Career Prospects?

This week, Monika delves into the best way of utilising your raise. She discusses the importance of understanding inflation-adjusted raises, evaluating your performance relative to company averages, and considering strategic job changes for better compensation. Tune in for practical advice on how to respond to your raise and make informed decisions about your career and financial future.

Monika also answers your questions about the pros and cons of purchasing medical insurance for retirement if in a government job, the optimal duration for your loans, whether NRIs should consider debt funds despite recent tax changes, and the reliability of new fund offers.

Chapters:

(00:31 - 05:33) Fully Utilising Your Raise

(05:47 - 08:38) Pros and Cons of Medical Insurance

(08:41 - 09:51) Length of Your EMIs

(09:53 - 12:10) Debt Funds as an NRI

(12:12 - 13:36) Should You Invest in NFOs?

If you have financial questions that you’d like answers for, please email us at mailme@monikahalan.com

MOSPI Website for inflation numbers

https://cpi.mospi.gov.in/Default1.aspx

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/

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