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Sambhar Mafia - Cooked To Kill!

Thursday, January 19, 2006

Celebrities and Personal Finance

Every popular magazine has a column where a celebrity talks about how he/she manages personal finance (investments, savings and expenditure). Although they have lots of money, time and again they have proved that they know nothing about personal finance. All that the celebrities say is that the investments are taken care of by their parents or their financial advisors. The only thing which celebrities talk is about their spending pattern and it is usually CD’s, cars and tech gadgets for actors and jewellery, costumes and perfumes for actresses.

Given that the disposable incomes are increasing rapidly, its high time the magazines and newspapers write about some serious personal finance stuff rather than interviewing some celebrity who has become rich overnight.

8 Comments:

  • kaps congrats for your 100K mark

    By Blogger Ganesh, at 6:14 AM  

  • do their lives even matter...?

    Congrats for you hits. :)

    By Blogger Ghost Particle, at 12:28 AM  

  • Hi

    You should look at Sunday New Indian Express where the celebs talk about their investments (and it dedicates a page for investments)

    By Blogger SLN, at 2:52 AM  

  • even mags like outlook money has the same in its last page. But none seem to be interesting and u'll realize its crap when u read it.

    By Blogger REFLEX, at 12:56 PM  

  • @Ganesh,
    Thanks

    @GP,
    it really doesn't matter

    @Slakhs,
    I have come across these columns in New Indian Express

    @Reflex,
    agree with u....atleast outlook money justifies it by giving some sensible content in other sections of the magazine.

    By Blogger Kaps, at 1:40 PM  

  • Touche. I think rediff had a page like that too.

    By Blogger Krithiga, at 4:49 PM  

  • @Krithika,
    I haven't read such columns in Rediff. I'm not missing much :-)

    By Blogger Kaps, at 1:04 AM  

  • I was running this thought for a while. I too belong to the second category. How abt u Kaps?

    By Anonymous ContentConcepts, at 6:09 PM  

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