“Actors are never secure” Simple Kaul

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. Simple Kaul who is currently seen in Salaam Zindgi is a very impulsive buyer and hence needs to keep her spending in control. She believes that no actor is secure in life and thus one should invest. We cashed in on this sizzling actress to know how careful she is while handling money matters. How important is money for you? Money is the important factor when it comes to living a good lifestyle. Money also helps me to buy many things and I also try to help others with it if possible. Are you an impulsive buyer? Yes, I’m a very impulsive buyer. When ever I go out for shopping and if I like something I just pick it up without thinking much about it. I don’t waste my time in thinking. Yes, sometimes I do regret but its not too often. What are the investments you have made? I have made my life very secure by investing money in Pension plans, Mutual funds, tax investments and mediclaim. I have a person who helps me out in all this and I also assured that my friends take his help for such investments. Actors like us need to keep our life secure and thus plan accordingly. It’s very interesting to know how money grows. You keep on investing money and later on get a substantial amount. What is your most expensive purchase? It is my car, an Accent. Do you feel financially secure? Of course not. I feel no actor is secure. Who handles your expenses? I handle them myself. Basically, our income is not fixed so variation in income affects our daily routine. I have to remember that and then go ahead with my spending which I most often don’t do. What was your first salary? What you did with it? I was a sixteen year old and had done a promotional job in an exhibition which earned me Rs 7.5 thousand. I shopped with that money. How much money do you carry every day? I carry debit cards and about 4 to 5 thousand rupees. Do you invest in the stock market? I have not invested in the stock market but would be doing that in a few years. Though I don’t have much knowledge about it people around me know it very well so I can take their help. You can only learn about the stock market after getting into it. There is a lot of risk involved but you also earn well. Any advice for investors?