| 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. Mohit
Malik who is currently seen playing the role of film star Rajveer Kapoor in Pari
Hoon Main on Star One, has his head firm on his shoulders. He confesses that
he has to go a long way in matters of finance. He is well aware of the difference
that money can make in his life. Get an instant insight into the financial
matters of the meticulous Mohit. How
important is money for you?
Where there is no money, there is no happiness,
no comfort, and no health. So money is the most important thing in my life. People
who don’t say that money is the most important thing in life must have not realised
the reality of money. It is not that I am crazy about money but I know the importance
of money in today’s world. Are you an impulsive buyer? Yes.
Whenever I like something, I pick it up immediately at that point of time. I am
a shop-a-holic. What are the investments you have made? I have
made a few investments in mutual funds. I haven’t made many investments as I couldn’t
save sufficient amount of money for that. What is your most expensive
purchase? My car a Suzuki SX4. I bought it for Rs 8.5 lakhs four months
ago. Do you feel financially secure? No, because I am in an
insecure profession. There is a possibility of going bankrupt in my profession.
One needs to make savings and investments for the time when you are out of work.
Since I have neither made any savings nor I am an actor who would take up any
work for the heck of money, I feel financially insecure. Who handles
your expenses? I handle my expenses. I come from a business background,
so I take suggestions from my parents. What was your first salary? What
you did with it? I earned my first salary when I was in Delhi. I was
paid Rs. 3,000 for doing a print ad. I handed over that money to my grand parents
as that is the tradition in my family. How much money do you carry every
day? I am an absolute kangaal(bankrupt). I only carry Rs. 100 with me.
I use credit cards and debit cards. I don’t get time to go to the ATM to withdraw
money, so I use cards for all my expenses. Do you invest in the stock
market?
No but I may invest in the stock market sometime later in my
life. Any advice for investors? Don’t be like me. Save
your money and be careful when investing. Weigh the pros and cons of the investment
that you are making
| | | |
By Anjum Farooki |
Posted
on 16 July , 2008 5:30 pm | | | |