Analysis of the inflow and outflow of last FY:
1) In Inflow, (a) the noteworthy mention is the share of 'Loan Repay', which is 33.1%. For a person completely dependent on Salary, this is a good sign. (b) There are lot of entries in 'Other' category, which is prompting me to change the categories for next year. (c) The amount I received via Mediclaim (INR 82413/-) for Miss AA Devi is something new for me and thankful to CSoD. (d) The earning from Market is still below 1%, and its a shame.(e) the start of rental income is a huge thumbs-up. (f) the interest from PPF stood at around INR 72K, which 6K per month.
2) In Outflow, (a) the reduction in Fixed Asset is a great relief, (b) The transport expenses saw a jump after I relocated, (c) the loss of money under Travel for the UK tickets is such a shame, (d) the pending money for buying land was cleared, (e) I paid 7.14 Lakh in taxes to government, (f) Food expenses are still below 2% and that's not a good sign, (g) the rubber sampling experiment was worth trying, (h) opening the Sukanya Samridhi account for R'dali is an event I longed for, (i) the 2.5 Lakh investment in house construction was worth considering the probable return in future although it might take more than 4 years.
How I fared against what I aimed at the start of this FY:
1) Regular income from immoveable property is still a distant dream. The search for land near Urpad stopped after I found the land near graveyard is in the name of Deuta, and applied in Basundhara.
2) Still I don't have any policy on equity- when to sell, what to buy etc.
3) Haven't been able to explore 80D and the current health policy. Shame on me!
Plan for next FY:
1) In the excel file:
i) Making some change in Outflow tracking. Letting go Travel and Nina, and included a new category for Miss AA Devi. Travel will be merged with either personal or recreation. Nina will come in Donation or with context.
ii) In Inflow, bank interests- Savings and FD will be merged. Dividend and amount from selling market will be one column as I hardly sell stocks. With Others, will try to bring a relevant category
iii) The Sharekhan settlement money to be subtracted from the expense sheet, although in the Sharekhan Trading sheet, it may remain as it is.
iv) Since Homeloan deduction is compensated by the contribution by Dada and Maa, I should only mention INR 17/- in the Outflow section. This is not tracked for the amount, but for the activity.
2) Action items:
i) Get clarification of the EPF and VPF thingies. Currently there are 2 accounts under one UAN. What's the significance of VPF?
ii) Focus on health policy - know more, open if necessary.
iii) Explore ULIP, maybe one will be interesting.
iv) No opening of FD in Zing's accounts.
3) Keep the focus on the immovable properties and agriculture projects.
Row data - Outflow:
Row Data - Inflow:
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