TV broke down

TV broke down yesterday and I probably have to buy another one, this month is going to cost me more than any other month this year.

9/8/2017

Fortunately the mother board is the one having a problem so I had to spend 6425 to get a new one and the have a spend some money on getting a new set top box so that the TV will not get effected. On the bright side the TV did not broke down entirely, it would have cost me 50k.

Expenses in August

I have spent about 18285 rupees.

Credit card : 10414
Debit card : 6903
Reliance gift card : 966

Airtel Bill	892
Apeasternpower	88.88
Apollo	89
Baskin Robbins	254
Blue flame	390
Book stall	160
CAFE COFFEE DAY	56
Cash	3900
Dominos	663
Footware	249
Jaya Steel	850
More	213
Petrol	358.73
Rail ticket	4632.26
Reliance	5239.04
Sweets store	250
Total	18284.91

Pay day

I have received a salary of 80912 rupees post tax for the month of August. I should save 50% of post tax salary but I am not going to consider bonus in that calculation so pay minu bonus is 53409. My investments this month should be (53409/2) = 26704.5 + bonus (27503.00) = 54208. Out of which I move 5500 to Franklin India Taxshield and rest to Franklin India Dynamic P E Ratio Fund Of Funds (48708). I have checked indexation benefit for Dynamic fund and I am hoping I would make about 10% overall after tax. 

I have paid 2750 insurance plus kid school fee into debt fund already, I will be left with 23954 to spend in the month of September. 

My PF(502837) and Gratuity (156801) stands at 659638 as of today. 

I did receive 510 rupees as dividend so should invest those too.

Tomorrow is bonus and pay day

I am really looking forward for bonus and pay, had not been a good month in office but hoping I would atleast have a little cheer tomorrow.

I missed my mobile payment date and had to pay penalty and now am thinking of moving to Jio. No I got this wrong I have time till sep and Jio is 4G so I have to check if my mobile is compatible. 

My mobile is not 4G compatible.

MOney in one pot

Now that I have all my money in a single pot I just have to watch it. I am aware that I could lose about 1/3rd of it but until the pot is 25X I am not going to touch or make any other investments or buy investment related material.

Consolidated the money

I have almost consolidated the money into MF just that I an left with 8k to be processed and have to think about what to do with money left after paying credit card bill this month. Will it be good idea to move to emergency fund with which I can meet immediate needs or just keep the money in saving account as I am sure I will utilize it someway as expenses will shoot up. I probably will keep it in savings account.