Richa Chadha on financial independence: “Women must invest in Mutual Funds and…”
Actress Richa Chadha recently shared insights into how her strategic investments in mutual funds helped her manage wedding expenses amidst a cash flow issue. During her appearance on the podcast UnStreeOType, Chadha emphasized the importance of financial independence for women. She stated, "Don't put the burden on your father or your mother for your marriage, start investing."
Chadha revealed that she began investing in 2015-16, following the release of her acclaimed film Masaan. Her foresight paid off significantly during her wedding to fellow actor Ali Fazal. “When we got married, I had to invest in a film also that we were producing, and I suddenly had a cash flow issue - something that typically actors don't have because they find a way around it. But then I had these surging expenses, so I actually paid for one ceremony via a mutual fund that I had invested in during Inside Edge,” she explained.
Beyond her personal experience, Chadha urged women to take control of their finances by investing in mutual funds, opening demat accounts, and understanding trading. She also stressed the importance of having individual bank accounts. “You can have a joint account, but you must have an account that is just yours. Don't put all your money into one joint account and be sad when something goes wrong,” Chadha advised, highlighting the need for financial security and independence.
In addition to her advocacy for financial literacy, Chadha and her husband, Ali Fazal, announced they are expecting their first child in July. The couple shared their excitement in an Instagram post, saying, “A tiny heartbeat is the loudest sound in our world.” Professionally, Chadha is preparing for the release of Mirzapur 3 and Metro In Dino, both slated to debut between June and September.
Also Read: Richa Chadha and Ali Fazal’s production Girls Will Be Girls to screen at Cannes Film Festival 2024
from Featured Movie News | Featured Bollywood News - Bollywood Hungama
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