Rabba Ishq Na Hove

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Rabba Ishq Na Hove
Rabba Ishq Na Hove

varun in two new shows

Mishubaa IF-Rockerz
Mishubaa
Mishubaa

Joined: 24 December 2005
Posts: 5289

Posted: 27 March 2006 at 11:34am | IP Logged
"I don't want IT officers coming to my house, it's very shameful!"



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.

"I am a compulsive buyer"

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.

"I own an Icon and an Accord"

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.

Himani85 Goldie
Himani85
Himani85

Joined: 05 March 2006
Posts: 1746

Posted: 27 March 2006 at 4:23pm | IP Logged
thanks
Chits1 IF-Stunnerz
Chits1
Chits1

Joined: 17 June 2005
Posts: 37875

Posted: 27 March 2006 at 7:42pm | IP Logged
thanks rajeev
anishaa Groupbie
anishaa
anishaa

Joined: 10 March 2006
Posts: 111

Posted: 28 March 2006 at 12:00am | IP Logged
Thanks Rajeev... good to see varun being so open regarding his finance plans.
kittu007 Groupbie
kittu007
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Joined: 16 November 2005
Posts: 53

Posted: 29 March 2006 at 11:05am | IP Logged
Thanks for Sharing Embarrassed
kittu007 Groupbie
kittu007
kittu007

Joined: 16 November 2005
Posts: 53

Posted: 29 March 2006 at 11:05am | IP Logged
Thanks for Sharing Embarrassed
gazza IF-Dazzler
gazza
gazza

Joined: 24 August 2005
Posts: 2858

Posted: 30 March 2006 at 9:34am | IP Logged
very good article thankyou
kronos Groupbie
kronos
kronos

Joined: 04 April 2006
Posts: 139

Posted: 07 April 2006 at 8:44pm | IP Logged
Thamks. Good article. Clap
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