Household beloved Mona Singh of Jassi Jaisi Koi Nahin believes in neither being a miser nor a spendthrift. Mona, who already owns an Accent, recently purchased a white Honda City. She talks to Riya V Anandwala about how she handles her money!

So firstly how do you pedal your money?
As I am so busy with my profession, my dad handles my money along with my C.A. But definitely he keeps me updated with whatever is happening.

Do you believe in making investments?
Oh yes! Investing is very important. My dad invests in everything, PPF, bonds, insurance policies and he loves investing in mutual funds.

Have you invested in any property as of now?
Yes, I recently bought a flat in Lokhandwala in suburban Mumbai. The prices have doubled now.

How do you plan your life financially?
I believe that no actor has a permanent inflow of income. So in that case, one should smartly invest and in such a way that he gets an interest of a lakh every month. The day I achieve that return, I will be very contented.

Are you an impulsive buyer?
No, not at all, I think twice before buying anything.

What do you mostly buy?
I love wearing good stuff and also like to look good; I buy a lot of clothes, bags and perfumes like any other girl does (laughs).

Being an actor, are you very look conscious and hence end up spending loads on your outlook?
The worst thing for actors is that we never get a chance to wear what we buy. Mostly we are shooting, other than that we are performing in concerts, so all we get to wear is a night suit!

Do you have a car? Is it on a loan?
I own an Accent and have ordered for a Honda City, and both are not on a loan. My house is on a loan.

How do you plan your loan?
It is very well done. Normally a loan is equivalent to a burden, but my EMI is so well planned by my dad that it is not a load on me; I can very well adjust my lifestyle according to the loan.

How are you by nature when it comes to finances?
I am not at all a miser, I have only one life and I would love to enjoy to the fullest. And nor am I a spendthrift. Basically, I spend only when the need arises. I don't spend for the heck of it.

Are you a self made woman or live on you family's money?
I am totally a self made woman! I have been earning from past ten years now.

Do you bank on any other profession other than acting?
Well, I plan to work on my life. I am interested in fashion designing, so some day I would love to open a boutique and I am a very good cook, so I might just open a restaurant you see (laughs).

Do you invest in share business?
No, never. It is my hard earned money; I will not like to risk it.

Do you invest in gold?
I am not a 'gold' person. I love diamonds, so I invest in them.