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Indraneil
Sengupta considers himself a failure when it comes to handling money matters.
Slowly and steadily, he is trying to improve his skills in that department. 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. How important is money for you? Money is important for
me as it is necessary to survive in this world. Money is the third priority of
my life, the first two being happiness and love. Are you an impulsive
buyer?
Yes,
I am an impulsive buyer but I never regrets. There are many things that I don’t
use after buying. I spent a bomb on my Suzuki Inazuna bike, which I hardly ride. What
are the investments you have made? I have invested in fixed deposits,
bond equity, a house, a car and I have invested heavily in my marriage, I hope
it gives me good returns. What is your most expensive purchase? My
house is the most expensive purchase I have made till date. Do you feel
financially secure? Not really. I feel my financial status could have been
better. I want to make more progress in life and after I do that I will want even
more progress. So I am never going to feel financially secure. Who handles
your expenses? My wife Barkha handles my expenses and she handles it very
nicely. She makes sure that we don’t spend too much money on partying and eating
out. What was your first salary? What did you do with it? It was
Rs. 6,000. I earned it by working for Gujarat Ambuja in Ahmedabad. Since I was
living with my parents at that time, I blew it all up on my friends. How
much cash do you carry on a daily basis? I carry Rs. 1,000 to 1,500 on
a daily basis. Earlier I used to not carry credit cards but now I have started
carrying it. Do you invest in the stock market? I don’t invest
in it. I don’t want to take the trouble of keeping myself informed on it and all.
I prefer making long term investments where I don’t have to bother for at least
ten years. Any advice to investors? I would l say invest in
real estate. It is the best investment and its value keeps rising.
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By Anjum Farooki |
Posted
on 26 May, 2008 4:10 pm | | | |