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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.
Kanchi
kaul, the Kashmiri beauty currently seen
in Sony's Ek Ladki Anjaani Si, has
a major fetish for diamonds. She loves investing
in stocks and complains of not getting the
time to shop, which she loves the most!
Riya V Anandwala
talks to Kanchi and digs
into her investments!
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Kanchi
loves buying diamonds!
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How do you manage
your finances?
I invest in practically everything. I have
invested in stocks, a little bit of mutual
funds, a little bit of property. But mostly,
I invest in stocks; much of my money goes
there!
What about investing
in properties?
Well, I will buy a two BHK apartment very
soon, say in two weeks time. It's near Inorbit
Mall, Malad.
Are you buying
it on loan?
I am still not sure about the loan part;
I will talk to my C.A. and will then come
take a decision.
Does anyone look
after your finances?
I have my C.A, stock broker, property broker
etc. So they help me in making investments.
Do you blindly
trust them?
I never blindly trust them. I put in my
own logic and instincts while managing my
money.
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She
complains that she doesn't get time
to shop
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Are you an impulsive
buyer?
Well, I am definitely an impulsive buyer.
But I am not those stupid types. I have
come across many people who buy anything
and everything. I am not those kinds, I
will buy good stuff!
How much do you
approximately spend on yourself in a month?
Well, I never get the time for shopping,
so most of the time, my money goes in my
phone bills, general shopping and contribution
at home. Some of it also goes in restaurants
and parties!
Do you invest
in gold?
I hate gold, and never wear them. I love
buying diamonds, and I don't see buying
them as an investment. I buy them as I love
them. I just love wearing them. And I can't
tell you how many sets I have, as I don't
want IT officials at my place for a raid!
Do you believe
in insurance?
I have done mediclaim and the basic insurance.
I don't really remember whom I have nominated.
But I guess my parents and brother will
be beneficial from it.
How do you go
about paying your tax?
Well, I don't understand the tax system
at all! My C.A. and my dad look at that.
Do you own a car,
is it on loan?
Well, I own a Chevrolet Octra. It is on
loan. It does not necessarily mean that
people who take loan cannot afford the money.
It's just that loan smoothens your payment
of tax, as you are not paying a chunk of
money at one time. If, it meant that one
cannot afford it, no one would have gone
for it.
How are you by
nature when it comes to finances?
I am not a miser, but If I am making a hundred
of rupees, I don't mind spending thirty.
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Posted
on 31 March 2006 7:45 pm
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