"It felt good to buy a Skoda with my own money!"

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. Indian Idol, Abijeet Sawant has just begun to taste the sweets of success! With a deluge of offers, the singer now has enough work on his plate to be able to splurge on the house of his dreams! Riya V Anandwala caught up with the Idol to know what he does with his hard earned moolah!
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. Indian Idol, Abijeet Sawant has just begun to taste the sweets of success! With a deluge of offers, the singer now has enough work on his plate to be able to splurge on the house of his dreams! Riya V Anandwala caught up with the Idol to know what he does with his hard earned moolah! "I always keep a track on my finances no matter what!" What's your way of handling money? I am settling things down, and making a few investments here and there. What kind of investments have you started off with? Well, most of it is mutual funds and bonds too. What about stocks? I don't directly invest in shares, but do it through indirect sources. Who is the brain behind these investments? There are a few people looking after my finances. My dad is one of them, and I have a few CAs. What about investing in properties? I am planning to invest in real estate as soon as possible. That's one thing which I really want to invest in. Are you an uncontrollable buyer? No, not at all. You can term me as a selective shopper! I certainly give more importance to comfort. And of course now a days I can't do without styling! "I purchased a Skoda with my own money" What about gadgets? In gadgets, I spend on mobile phones the most. Currently I am using Nokia 3250. What about splurging on clothes? I spend mostly on clothes. I plan the purchase of my wardrobe, I spend equally on formals and informals, in the sense, if I buy one T-shirt, at the same time I will spend on a shirt too. Apart from that, I am very fond of eating out. I try out many restaurants, so most of my money goes there. Who will be beneficiary of you insurance? My parents will certainly be beneficiaries of my insurrance. Do you own a car? Is it on loan? I own two cars, and none are on loan! One is a Honda City which I won as a winner in Indian Idol and the second one is a Skoda which I purchased with my own money! "I am foody! I spend a lot on my food" How do you go about paying your tax? I never save for my tax, or plan for it. I just pay it on the spot. How does it feel to own cars in such a short span in your career? Well, it feels damn good. The car purchased by me gives me an ultimate high because I could buy a big car! How are you by nature, when it comes to your finances? Not stingy though, I spend a lot on things which I find are worthy enough! For instance, I'll spend loads to maintain my car. My car needs to be tip top always!
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Submitted by TellychakkarTeam on Thu, 04/27/2006 - 16:30

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