“Kajol spends no cash on herself,” mentioned host Karan Johar in an episode of his speak present Koffee with Karan (Season 6) the place the Bollywood actor in query was current on the sofa together with her husband Ajay Devgn.
“She is a humongous star and on this business there’s some huge cash to be made, and some huge cash to be spent. So my query to you (Ajay) is what does she do with this cash? I’ve by no means seen her carry a bag from any type of designer, however she buys from unusual manufacturers that I’ve not heard of,” he questioned, to which Ajay quipped, “Santacruz market, and now she has moved on-line. At house, I’ll see about 7-8 parcels coming on a regular basis, simply.”
When Johar requested about the price of every parcel, Devgn replied, “500, 700, 1200 — She’ll say, ‘See that is so good, and it’s only for 600!’, after which she’s going to purchase it.”
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At this level within the dialog, Kajol chipped in and mentioned, “For occasions and public appearances, I’m clearly carrying very costly issues, however for me I really feel I ought to be snug in what I put on. I might reasonably put my cash in a set deposit (FD), than spending it on one thing that’s actually costly, that’s going to don’t have any return. Turning to Devgn, she mentioned, “And you have to be bloody grateful for it as nicely,” to which he replied, “I’m.”
How will you undertake Kajol’s cash mindset?
“Automating your investments is a step ahead for attaining monetary freedom. Allocate a portion of your paycheck, as quickly because it comes, to your funding portfolio. Investing cash is at all times preferable to not doing so—it’s the best technique to reclaim your time,” Aparna Mundani, CFA, affiliate vice-president at PeakAlpha Investments informed indianexpress.com.
Mundani pressured on the significance of mindset over mere spending discount: “Aware and intentional spending habits are key to curbing pointless bills. For impulse buys, contemplate letting gadgets sit in your cart for per week earlier than revisiting them, making certain you really want them,” she added.
Hemangi Mhaprolkar, a psychologist at Mpower, identified that conspicuous consumption is a serious driving issue behind such non-essential purchases, the place folks need to present their friends what they’ve bought to garner respect and admiration. This has grow to be extra prevalent on account of components similar to social media publicity, e-commerce, elevated incomes potential, and the notion that cash can procure something.
