Financial Year Review : 2019-20

I am writing this post sitting at home by doing work from home amidst the Covid-19 outbreak lock-down in the entire world. There is an unprecedented situation outside with the whole world coming to a standstill. There are many positive points as well for people like me, but for vast majority of the population, this is not good.

Thoughts on last year:
1) There was not any extra ordinary event or decision. Things went just fine without any good/bad.
2) Failed endeavours of the year included any investment in real estate. I put some efforts for buying land/flat, but nothing materialized. Closest ones were via Deva Da.
3) My total outstanding 'to be received' loan amounts are below, along-with NPA
   A) Deben Moha -  INR 70,000/- (No interest loan)
   B) Dada -              INR 3,38,231/- (5% SI)
   C) Tapan -             INR 90,934/- (7% SI)
   D) Monu K S -      INR 520/- (NPA)
   E) Aakarshan -      INR 400/- (NPA)
   F) Trish D -           INR 3000/- (No interest loan)
   G) Pranjal K -       INR 50,000/- (2% monthly SI is not considered here for ease)
            Total -          INR 5,53,085/- 

4) Total investment in equity via Sharekhan is 1.25 lakh for the last year. My total investment in Sharkhan stands at 6,05,000 now. Because of the pandemic, my portfolio is at 45% loss as on today's market.
6) The income still is mostly concentrated on salary (around 84%). Since I have a huge amount in Savings account (mainly for marriage and Car purpose), I must try to have better interest rate. Also, considering the liquidity/bankruptcy issues with banks, it is better to have money spread across several bank's accounts
7) The income from Market (only dividend as I didn't sell single equity last FY) has only increased by Rs 2000 around.
8) The income from PPF interest has crossed 50K which has been my target and that's why I transferred 1.4 Lakh on the very first day of this (2019-20) FY.
9) Since I didn't open any new FDs (only renewed) and the FD interest rates are continuously falling, FD interest earning should decrease. However, there is an increase of a few thousands which might be because of the spillover FDs from last FY that got matured in this FY.
10) I bailed out Dada, Moha, Trish and Tapan and I felt good on all those accounts. What's the purpose of money if you can't help others (and also earn interests  in a rate greater than that of Savings accounts)?
11) The mixing of Xomidhan money has been a pending issue and finally I was able to sort the matter. The internet banking for Xomidhan has been activated. I am just waiting for a physical paper and we are good to go. This is such a relief and I will be able to differentiate both the accounts now.
12) I wanted to calculate the total cash used in the FY. But in Dec-Jan, I didn't calculate the month-end cash flow and hence calculating now will be cumbersome.
13) Keeping upkeep (that includes habitat) expenses below 10% is credible. Although people might think me weird for staying in Mahipalpur
14) Since I decided, there will not be addition of new FDs, I must list down my current FDs as on today (9 April 2020)

A) INR 1,00,000 - ICICI - 7.0% - 24/06/19 to 18/07/20
B) INR 1,00,000 - ICICI - 7.5% - 31/01/19 to 12/03/20
C) INR 1,00,000 - ICICI - 6.35% - 30/11/19 to 02/12/20
D) INR 2,66,703 - ICICI - 7.10% - 10/04/19 to 04/05/20
E) INR 2,00,000 - ICICI - 7.5% - 04/06/19 to 04/07/21
F) INR 5,50,000 - ICICI - 6.85% - 02/11/19 to 02/06/21
G) INR 75,000 - SBI - 6.0% 01/03/20 to 26/03/21
H) INR 90,000 - SBI - 5.7% - 29/03/20 to 09/04/21
I) INR 60,000 - M&M Finance - 9.00%- 18/03/19 to 18/12/21
J) INR 2,00,000 - In MAA's bank account
K) INR 1,00,000 - In MOINA's bank account
                     Total --- 18,41,703/-

15) Liquid Money (as on 31 March 2020)
A) ICICI Savings Bank - 17,00,384/-
B) Cash in Hand -                   1,677/-
C) SBI -                             2,77,086/-     
                     Total --- 19,79,147/-
16) The entries in the 'Other' section of Inflow table consists of interest amount by Pranjal, tax refund, annual interest of PPF account and some unknown credit with APY(?) mentioned.

Inflow Table:

	Salary+Food wallet	Reimbursement (Office, others)	Loan Repay(includes EMI interest)	Interest (Savings Account)	Interest (FDs, PPFs)	Market (Equity, MF)	Others	Total
April	132394	7818	1000			617		141829
May	131756		20000			50		151806
June	132393			13105	5780			151278
July			14418			433	6500	79851
August	493346	4000	400			1170		498916
Sept	141105	11500		14709		661	8110	176085
Oct	141106	1200	10300		36711	276	1000	190593
Nov	141106	1800	3971			193		147070
Dec	141105			16616	7498	593		165812
Jan	141106		33673			26	5000	179805
Feb	124235	2000	8673		7443	909		143260
Mar	170485		25673	14715	9692	7691.02	52070	280326.02
Total	1890137	28318	118108	59145	67124	12619.02	72680	2306631.02
Pct%	81.94%	1.23%	5.12%	2.56%	2.91%	0.55%	3.15%

Outflow table: 

	Upkeep	Food	Personal	Family	Investment	Transport	Travel	Gift	Recreation	Tax	Loan	Total
April	14471	4859	480	1820	149447	0	39641	8438	520	18969	1520	240165
May	16171	6507	542	1470	54447	205	330	1190	2521	18969	0	102352
June	15211	2398	2212	1220	25657	2327	381	2747	1141	18969	10917	83180
July	15281	1922	50	2062	173703	620	5838	3231	0	121845	3971	328523
August	16377	3605	0	1004	52167	571	1000	10000	1117	31908	10000	127749
Sept	15591	3070	1366	3461	12167	740	10501	2500	2331	23408	3400	78535
Oct	16020	3241	0	46018	22167	710	23508	500	2690	23407	300	138561
Nov	15847	3018	4365	743	42256	1416	0	1180	4858	23407	73500	170590
Dec	17956	833	4436	132	83645	747	28324	6128	605	0	345024	487830
Jan	15548	4748	104	745	33630	1263	2360	107	1050	0	5000	64555
Feb	18130	2605	500	156	44853	1105	1025	12500	6927	7592	0	95393
Mar	15541	2386	0	2125	109853	1388	21753	0	3104	9342	0
	192144	39192	14055	60956	803992	11092	134661	48521	26864	297816	453632	1917433
Percentage	8.33%	1.70%	0.61%	2.64%	34.86%	0.48%	5.84%	2.10%	1.16%	12.91%	19.67%	83.13%

Thoughts for next year:
1) Since the internet banking of the Xomidhan account is 'almost' ready, I must transfer all Xomidhan money to the new account and de-clutter my Savings accounts.
2) Be a trader, not a long term investor. Please sell some of your stocks and your market earning should be 2-3 % of entire earning.
3) No more FDs please - stick to previous promise.
4) Diversify liquid money into multiple savings account, importantly in banks that offer higher interest rates for Saving Accounts and has lesser risk of going bankrupt unlike Yes Bank (say)
5) Try to have a real estate investment. Better if it comes with a provision of home loan that will give me opportunity to save income tax
6) Talk to a CA if I am missing out any component/strategy for saving tax.
7) Increase expenditure - don't be a middle class. Robert Kiosaki is fine. But investing on health, cloth, happiness, knowledge is a better idea only.


NB: I completed this post on 7 April night with calculation of all FDs and Liquid money, plus the plans for new year. But I could not publish as the insertion of the two tables gave HTML error. I continued the effort on 8 April; while doing refresh in between, everything vanishes. That was effort of 3 hours at least. How crap am I !