I am an impulsive buyer: Karan Sharma

Karan Sharma is a spectacular soap actor. He started his acting career with the serial Jyoti and then went on to do Pyaar Ka Bandan and Pavitra Rishta. He is currently seen playing the lead Karan Modi in the popular show Ekk Nayi Pehchaan on Sony Entertainment Television. Here. Karan gives some investment tips for Tellychakkar.com readers in our Lifestyle section. How important is money to you? Money is very important to me because in today’s time a good lifestyle is needed and also because I have a family to support. Are you an impulsive buyer? Yes. I am. I buy whatever I like and I don’t wait to think much about it. I carry out a quick research and then I am all ready to buy it. What are the investments that you have made? I have purchased a plot for myself at Dehradun. Gold and property are good investment options these days. What has been your most expensive purchase? Well, when I was in college I had bought a digital Yashica camera. I purchased it for Rs. 2000. At that point of time Rs 2000 was a lot and so I think it was one of the most expensive purchases at that time. Do you feel financially secured? Yes. I have all the things that I need and I am quite happy with it. Who handles your expenses? I handle my own expenses. What was your first salary? Well my first salary was Rs. 7000 when I was employed for a company in the year 2005 to 2008. How much money do you carry every day? I carry at least Rs 1000 in the form of cash and my debit and credit cards. Your advice to new investors? First of all I would like to say that money is not everything and in the end it’s not how much you earn. It’s how you spend it. Secondly one has to keep a track of how much they are spending because sometimes it goes a little overboard and then it becomes a little difficult to handle expenses. It creates a conflict between savings and expenditure so one needs to keep the expenses at bay and increase on savings.