21min chapter

Capitalmind Podcast cover image

How to invest a lumpsum amount?

Capitalmind Podcast

CHAPTER

Managing a Large Payout and Paying off Loans

This chapter delves into the implications of receiving a large payout and the importance of managing that money wisely. It discusses the high tax rates on large payouts, setting up an emergency fund, and advises paying off expensive loans like credit card debt. It also explores whether it is beneficial to pay off all loans, specifically focusing on housing loans and the diminishing tax benefits after the principal crosses 25 lakhs.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode