Money.
That's what drives everyone in the final analysis,
whether in the glamour world of acting or
the hard grind of scripting and producing.
Cashin' In sits down with TV celebs to know
well they handle their financial matters,
and tracks their spending patterns.
With
the success of Zee's Astitva, Rabba
Ishq Naa Hove
and Star One's Nach Baliye, Varun
Badola has two more shows up his sleeve.
With so many shows on hand, how does he
manage his income, we wonder? We decided
to ask the man himself. Riya
V Anandwala talks to Varun about
how he invests his money without a financial
advisor to help him out.
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"I
am a compulsive buyer"
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How do you manage
your money?
I definitely make investments, I invest
a lot in funds but not shares.
What about real
eastate?
I have invested in my house, which is situated
in Goregaon.
Do you make an
effort to plan your life financially?
I never plan my life. I work, earn and save!
But in future definitely, there will be
a point, where I will sit and think about
my finances and will take it more seriously.
But today, it's not possible I can't sit
and think.
Are you an impulsive
buyer?
I am not even remotely that. I come from
a middle class background, so it's inbuilt
in me that I can't buy anything and everything.
I never had that kind of money to blow up,
so this mentality has stayed with me till
date. Compulsive buying comes from practice!
What about other
investments?
I invest in bonds, but I never invest in
stocks and gold.
Have you insured
yourself?
I believe in insurance and I have insured
myself.
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"I
own an Icon and an Accord"
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Who are your benificiaries?
My mother and my wife Rajeshwari will be
beneficial of my insurance.
Do you support
our tax system?
Normally, I just pay my tax once. As I am
working so cheques coming in later. Later
in life, I will systematically plan everything,
and even save for my taxes. I feel everyone
must pay their taxes on time; no one should
play around with it. I totally believe and
support our tax system. I don't want IT
officers coming to my house, it's very shameful!
Do you own a car?
Is it on loan?
I have two cars, Icon and Accord. Both are
on loan, and certainly that way, it becomes
easier for anyone, not only actors.
How are you by
nature when it comes to finances?
By nature, I am very careless when it comes
to my finances. I spend where it's necessary
but I only give money to people who need
it. I am a self made man, who started working
as an assistant director, with a minimal
pay for years together and then stepped
into acting. So it has been a tough life
throughout without a financial support.
Do you bank on
any other profession than acting?
I have worked with renowned directors, so
if not acting I will definitely take up
direction, which I am quite sure of doing
some day or the other.
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Posted
on 27 March 2006 5:50 pm
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