4 Yrs Financial Statement

In my view the Quest for money will make a machine out of a man.
As per the definition of the blog (My thoughts and my actions), I may not able to disclose all my thoughts, but I can disclose all my actions. The first one is “disclosing all my financial matters”.

Objective of posting my financial details in the blog:

1) To maintain financial discipline.

2) To keep a check on myself.

3) To inform the stakeholders and critics.

4) To set expectations for the people.

Disclosing my financial details would be a yearly affair hear on.

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Total Income 1336000


Total Operation cost 559973

Total Investment 351600

Total Savings 424000

ICICI Bank Loan 140000

Total Balance 284000


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Details:

Income Details


Total Salary Earnings 1270000

Infy Gratuaty 25000

Infy Shares 21000

Infy Leave encashment 20000

Total Income 1336000


Operation cost Details


Laptop 42000

Quest marketing 80000

Phone Bill 60000

Internet Bill 30000

Food 140000

Accomodation 75000

Travel 28000

Gifts 25000

Tax Paid 36173

Other cuttings (Govt & Company) 18800

Personal expenditure 25000

Total Operation cost 559973

Investment


Home 40000

My Contribution to brothers Fee 50000

PGDIB + PGDRM 25000

Books 25000

4 Gifts to my partner 11600

Education loan 100000

My Contribution to Sister's Marriage expenditure 100000

Total Investment 351600

Savings


PF + EPS 165000

Chits 120000

Infy Gratuaty 25000

Infy Shares 21000

Infy Leave encashment 20000

Bank A/C Balance 53000

Non-Cash Savings 20000

Total Savings 424000

Open Loans


ICICI Bank Loan 140000

A Lie @ Infy

The official reason for my resignation: Infy did not give transfer to me to my preferred location even after 4 years of my service.

Since the day I put my resignation (Mar-3-2011), I have been telling to my professional mates that, I am going to join in another company. I feel bad when I say that, but I am convincing myself that the Lie is for a cause.

Cause: Mangalore Infosys has a problem of retaining senior resources who hail from other locations. I am not sure what are the measures they are taking to reduce it, so my resignation should add to the list of resigned folks with the transfer reason. My actual reason will not add to the pressure.