||ABHI&NIKI's FC ~A Tribute To Love~|| - Page 4

The musician-actor who is currently seen in Dadagiri on Bindass has his financial plans well in place. In an informal chat he advices readers on the best financial options and even shares his investment plans.

How important is money to you?
Money is very important as it allows me to live my life in the way I choose and to provide for my family.

Are you an impulsive buyer?
I am very impulsive. If I see something I pick it up no matter what the cost and no matter if its a necessity for me or not. I am getting better at handling this impulse since the birth of my daughter though.

What are the investments you have made?
I have always believed in real estate and so along with my home that I stay in, I own 3 other properties. I have invested in mutual funds, PPF, fixed deposits, ULIPs. I have also invested in my wife's skin laser clinic as I believe in this industry you need to have something going on the side as ups and downs are part and parcel of this rollercoaster ride.

What is your most expensive purchase?
Watches for me and designer bags for my wife. Am planning on buying an Audi soon so that may just be my new expensive purchase.

Do you feel financially secure?
The truth is you can never feel financially secure as our desires and responsibilities are always growing.

Who handles your expenses?
I handle the expenses of the family.

What was your first salary?
Rs 40,000 for a shirt ad.

How much money do you carry every day?
Usually around 10k cash along with credit and debit cards.

Any advice for investors?
Real estate is the absolute best thing you can invest in. Also try and put a minimum 15-20% of your earnings towards some sort of investment or savings. When you save during the good times, you are better equipped to deal with the bad times.