Divyanka Tripathi reveals her money management tips

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Posted: 7 years ago
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Divyanka Tripathi reveals her money management tips

Financial independence is one of the most important ways a woman can be empowered. Yet, all too often, we see fathers and spouses being the only source of money management tips because even the most educated and successful women don't take control of their own earnings. Concepts like stock market, equity, and mutual funds can be intimidating when you are just starting on your financial journey.

DIVYANKA TRIPATHI, TV ACTOR

The award-winning actor became a household name with popular shows such as Banoo Main Teri Dulhann and Ye Hai Mohabbatein. Divyanka is big on savings and credits several people for it. "When Banoo Main Teri Dulhann was ending a few years ago, I happened to bump into actor Surbhi Tiwari for the first time. She appreciated my work and gave me some good advice. She told me to buy a home, as actors don't get loans easily," she says. Since then, Divyanka has been a property investor.

During her next show, Mrs and Mr Sharma Allahabadwale, her co-actor Rajesh Kumar gave her another piece of advice: to invest in gold and silver out of each pay check. "I did that and it truly turned out to be useful during my 'no work' period. Actors don't get any major benefits considering the amount of struggle we go through, especially between shows, while waiting to get work. We pay heavy taxes but we are not even considered an industry. So it's important to help ourselves," she says.

Divyanka learnt the basics of money management from her father, Narendra and is pro-actively involved in all her accounts-related work. "He's a businessman. Back in the day, I used to sit in his medical store and help him at the cash counter. He taught me that one shouldn't procrastinate when it comes to official paper work and money matters," she says. Taking his words seriously, Divyanka says she makes sure to pay her taxes on time. "If there are any loans, I try doing backward planning about how to pay them off at the earliest."

Edited by Manan_Pani_fan - 7 years ago

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JaaneBhiDoYaaro thumbnail
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Posted: 7 years ago
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Investing in Mumbai real estate was a very lucrative option back in the day, 10-12 years ago but not now. That actress gave DT a solid advice. Investing in gold is not a good investment option in the long run though.
"Actors don't get home loans easily despite being high tax payers"...this is a sad thing, should be changed.

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