Financial planning is what helps in surviving during such pandemic

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Covid-19 pandemic across the world has left rich, poor, skilled and unskilled everyone in trouble. But those who had planned their financial management in a systematic way are able to stay without much trouble. 

Renuka Suryavanshi and Priyanka Ghosh spoke to a few film actors about how have they survived in such situation. 

Isha Keskar – A Marathi film and TV actor 

She says, “I have been managing my money by letting off unnecessary and luxury things like gym, shopping and curtailed unnecessary travelling. To keep myself occupied and positive I have indulged into gardening activities, cultivating my own vegetables and fruits. Due to the pandemic, work had halted for a long time, I was at home too. Financial management is key to live a successful life. I am blessed to have enough help and work which helped me in sustaining pretty well in this situation.” 

Bhargavi Chirmule, Marathi TV actor 

She shares, “I am not a kind of a person who will do extra work. I believe that  unnecessary spending money is not my approach. I have always maintained that financial planning of every month has helped me in surviving smoothly without any added burden. This pandemic shows that money should not be our priority and we must use it cautiously. ” 

Nikhil Raut, another Marathi film and TV actor

Nikhil Raut, another Marathi film and TV actor shares, “It doesn’t matter you work on which industry financial management is what everyone needs to make. It helps in sustaining in good and bad days. Even if people think that film stars do not need money but like common people we do have EMI’s, family issues (day to day expenses), other lifestyle related expenses and some handy extra money for any uninformed and unforseen incidents. So it is always better to manage money systematically so that one need not worry about future.” 

Manjari Fadnis, a popular Hindi film and theatre artist

Manjari Fadnis, a popular Hindi film and theatre artist says that she ain’t good at financial management but thinks it is a good way of knowing how much money you have and how much can you spend. It always helps in balancing life in a very systematic way. 

How to plan your finances ? 

  • Keep a record of your salary / earnings.
  • Save single penny everyday. 
  • Investments in Mutual Funds 
  • Life Insurance 
  • Term Insurance 
  • Fixed Deposits 
  • Recurring Deposit 
  • Investment in real estate 
  • Prioritise your expenses 
  • Keep a record of your expenses 
  • Investment in Gold 
  • Keep a track of your income versus savings