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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.
How important is
money for you?
Money is very important; in fact, everything
we do is to earn money and feel secure.
I wonder whether anyone remembers the olden
days of the barter system, where items were
exchanged based on perceived value. Nowadays,
everything is centered on money. Things
have become so expensive. If you want to
maintain the certain type of lifestyle that
you have promised yourself, you need money.
Who handles your expenses?
I handle my expenses myself. There is a
Chartered Accountant (CA) as well, but I
make it a point to look into my financial
matters personally.
Are you an impulsive shopper?
No, I am a sensible shopper and purchase
only what I need. I don't indulge in extravagance.
You must have indulged sometime. What
is your most extravagant purchase?
I am fond of gadgets – electronic items
like new phones and laptops. My Apple Mac
Pro, purchased in the US is my most expensive
buy. I would not really call it extravagant
because it's not a piece of decorative waste;
I use it everyday and so it better be good.
What are the investments you have made?
I have made a lot of sound and sensible
investments. I have a LIC policy. I have
also invested in Reliance, IDBI investment
bonds, and Birla Sun Life. I don't like
the uncertainty of the share market and
so keep as far away as possible from shares.
How much money do you carry every day?
I carry my credit cards in my wallet and
around Rs. 2,000 to 3,000 cash.
What was your first salary? What did
you do with it?
In 1996, I did a fashion show in Bangalore.
I remember collecting the money due to me
and purchasing a bike – a Yamaha RX100 –
which is still with me.
What is your advice for investors?
Save money. That's very important. Apart
from that, put your hard-earned money in
'safe' investments. In my opinion, real
estate and gold are really safe investments.
Their value never really falls. Also, before
investing in something, find out all you
can about it. Gather all the knowledge you
would need and only then put your money
in it.
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Anjana Nagabhushana |
Posted
on 12 Feb 2009 2:30 pm
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