How Can I Escape The Debt Trap?

Description

In today’s episode, Monika takes up how to decide on the best medical insurance for yourself and your family, and takes up your financial confusions about personal debt. She breaks down the essential factors to consider while selecting medical insurance, from avoiding common pitfalls to ensuring you have the coverage you need.

Whether you're dealing with a daunting debt trap, considering taking out a loan without falling into a financial pitfall, or facing distressing situations due to loans from apps, Monika's practical advice will guide you toward financial stability.

Chapters:

(00:30 - 06:40) When Opting For Medical Insurance…

(06:58 - 12:12) Question: Getting Out Of A Debt Trap

(12:15 - 15:45) Question: Good vs Bad Loans

(15:47 - 20:02) Question: Helping A Close Friend In Debt

(20:05 - 20:47) Either/Or: EMI Or SIP?

(20:47 - 22:08) Either/Or: Premium Or EMI?

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

Monika’s columns dealing with health insurance

https://www.monikahalan.com/the-mint-securenow-mediclaim-rating-does-the-grunge-work-for-you-and-trawls-through-some-400-data-points-to-bring-you-a-shortlist-of-policies/

https://www.monikahalan.com/differential-pricing-is-the-way-any-industry-with-high-fixed-costs-behaves-but-that-does-not-seem-fair-in-health-care/

https://www.monikahalan.com/thats-why-we-have-the-mint-securenow-mediclaim-ratings/