I live in California. Single parent (widow) with kid in public school here. I came here with my life wrecked and with 9 months baby. 6 years later, I m very content here. I ll atleast save 40% of my income (inspite of living well- weekly eat out, twice a month long trip to temple, park etc) . 30% of income goes to mortgage/rent. 500 dollars towards grocery, I paid off my car and rest of figures same as you. I invest in stocks for my daughter’s education, 401k for my retirement. Have EMI running in India for my second house. First apartment i closed the Loan within 5 years. The rent earnings from the house goes to my parents. I m middle class woman also, living alone with kid is not easy in india, I live safely here. US is more then just dollars to me.
Dude and Arthi, I came here 25+ years back. Believe me, you both are going through a phase. I see you want to talk about a topic and ended up with this. It just reflects your current status quo but not where you both will end up. Your life will get better as time goes. Invest in Arthi's education so she can stand on her own as an independent women in her life and also help your family by contributing. You guys are young charming couple. Things will get only better here in America and believe me this is the place for women. Also make sure you save some money in 401k/IRA. Everything adds for your future.
Bro , I am living in india only , doing online job and business , earning 2 lakhs + saving is 1.85 lakhs no rent , no big expense , thanks god i want to stay in my country itself ..... , every year 20 L i am saving , india is my america
Congrats both of you :) I liked the way, you guys do video.. very casual.. It's so connected :) Edho unga kita nerla pesura madhiri irundhuchi.. enjoyed watching.. I told the same thing to some of my friends who are interested to come to US.. but you have narrated very well :) Keep doing more videos!
You Guys have exactly expressed my situation. I am staying in Colorado . My family size is 4. I am the only earning person. I forwarded this video to 10 of my friends and relatives today
I live in Europe (Spain).. Salary is less here but expenses are very less..for a family of 3,with 50k eur a year, we can save 15 lacks INR per year.. No need for medical insurance, no need of car, can travel to other countries
Hi Aarthi and prem, this is joy from Calgary Canada I started to watch your video recently. All the information that you guys giving very useful for many people
In a nutshell, both husband and wife must work irrespective of the country.We are all trapped in a cyclic economy of spending most of the earnings rather than saving. A big win for those capitalists who have taken this model to countries like India too (where savings was important and spending was only on necessary things). No money or target is enough these days. Running behind non essential things too (just because of peer pressure)...
Ji.. just subscribed your expense video 2 days before & watched this video now. Appadiye USA life-ah movie Matthiri kannu munaddi ootikamicheenteenga. Nice narration. Only one point missed : how to take care parents & in-laws as single child if we are here in USa .. which is biggest issue going in mind Daily.. as to give priority to old people or our kids good life here🤔🤔🤔
What about investing in stocks of great US companies? After all, US is a highly capitalistic country rich people get richer..salaried folks if they save and invest, they can easily get richer too.. For example. Amazon stock was $300 5-years ago..now $2,700 a share... Apple was less than $100 5-years ago, now at all time high of $370...Visa & Mastercard are other great companies whose stocks have been consistently raising??
I came to California and my kids studied in private school until last year and now I run my own business. Naan tax save panna solli tharen and eppadi money manage pannuradhuku solli theruven. Entire US ley yearuku venum nallum. I have great respect for everyone of us who come here. Bro atleast Neenga 90k katureenga.. Business 1099 earn pannina nariya save pannalaam.
In UK the salary is not as high as in US but the tax slabs are lower below certain amount and living cost is much cheaper specially if you live outside London. Healthcare and education are free here and comparing your list with similar lifestyle, here the savings will be much higher if not double. If both husband and wife are employed than can have a good lifestyle and will be able to save money for the future. If you want to return to India should do it before the child starts schooling otherwise it will be very difficult and wont happen. Once the residence is established one should leave their employee mindset and look for opportunities to start their own business by widening the contacts. Only by doing business can have a real successful life and also will be in a position to help others. I know not everyone can do it but should atleast take a chance and give it a try. Talking from my own experience.
Bro thanks for the detailed comment Some of my friends also told that london is better than usa at some extend.. Yes as you said we should get rid of the employee mindset and explore the things to start the business... thanks again for your comment🙏🙏
Hi bro ... Honestly saying ur leading peaceful life in America.. Even iam a IT person here lot of pressure and struggles...Here corruption no honesty no trust too much of politics so better u be there and live happily forever it's my advice..If u come to India diffenetely u vll feel one day... Iam telling u the true fact...
As you mentioned there will be a reluctance but if we can break and go back that's the best. I see many of my friends and family are having a luxurious life in India whereas we are running day and night and saving to go and settle one day but don't know when that one day would come. 8yrs in SG and not sure when we would break it and go. Even you become a citizen there but still can't be like the native citizens and home country is the best :-)
Thanks for the info.But the info you have given may not be applicable for all.For families who live in economical states and don’t overspend can easily save over $1500-$2000 per month
Hi Prem & Arthi.. just a suggestion for a new video.. most Indian families will like to have a affordable luxury car in US. Is it advisable to get a luxury car or its worth investing the same money on standard brand cars ? Plz think thru and make a video if possible. Thanks.
Sure bro👍👍 Definitely its depends on the persons I bought the car recently which is honda crv 2020 model and I didnt go luxury model I have covered some portions in the below video, please chk and let me know your thoughts ua-cam.com/video/pSQvWxWp0q0/v-deo.html
Ha ha.. Reminding me Sathyaraj & Vadivel comedy.. America vanthathuku nee than enaku maasam $50 tharanum.. Anyway all these expenses will vary by person and location.. I am able to save $1000 to 1500 per month in my $4200 take monthly income(after tax and med insurance). I am living with wife and one year old kid in Dallas.. Rent - $1000, Indian Grocery and other Grocery - $500, Utilities and gas& mobile - $500, Entertainment - $100, Kid expenses- $100, unplanned expenses $200 to $500, Car insurance - $150
You are very correct Inge velai kidaikkum aanal masam 6 lakhs sambadhikka mudiyadhu. Further american life inge kidaikkadhu Trap illai But destiny take that way.
“பிரேம்: குழந்தைங்க இல்லாத காலத்துல வெளில அதிகமா போவோம்.... , ஓ விடு நம்ம போகல தான்“ ஆரத்தியோட காலுல விழுந்துட்டான் பிரேம் தருனம் 😂😁👌🏽 . All did the same 🤣.... cute though 👌🏽
India we stay late but not as productive as US despite we wrap up early here. In India social life is good like partying and going out regularly, here personal life is good. But working in developed countries will certainly make more professional . It's a great experience overall.
hi saho iam new to ur channel and iam a student u both ppl down to earth i dont know why ppl don't considering arab countries we cant get citizenship there but 95 percent savings of salary
But still if we going to home trip, that time we can purchase lot of grocery items from India like soap items, dals, etc. Please mention that too. So that monthly grocery purchase amount will be reduced. Also for some people who are all living in the main city, car is not required regularly. So they can take for rent occasionally. Even that too reduced the amount from monthly budget. It is also helpful for new comers.
The solution is to adopt, when decided to live in other country must learn to adopt to eat local food and buy local produce which are usually cheaper than imported groceries from India. For example most westerner living in India adopts to eat local food as imported western items are very expensive in India.
Bro, let me tell you the Bangalore expenses for 30 year old IT employee whose avg salary is 1,00,000 per month. Current Bill - 1000 Water Bill - 1000 Internet - 1200 Mobile - 400 TV - 300 Hospital - 1000 Restaurant Food - 1000 Bike Fuel - 2600 Home town travel in car - 5000 Fruits & Veg - 3000 Groceries - 10,000 Misc expenses - 5000 Car Insurance - 1500 Bike Insurance - 200 Education for 1 kid - 10,000 House loan - 35000 Total Expenses - 78,200 For Parents - 5000 Total Savings - 16,800 If we are in rented house then we can save additional 15,000.
I live in California. Single parent (widow) with kid in public school here. I came here with my life wrecked and with 9 months baby. 6 years later, I m very content here.
I ll atleast save 40% of my income (inspite of living well- weekly eat out, twice a month long trip to temple, park etc) .
30% of income goes to mortgage/rent. 500 dollars towards grocery, I paid off my car and rest of figures same as you. I invest in stocks for my daughter’s education, 401k for my retirement. Have EMI running in India for my second house. First apartment i closed the Loan within 5 years. The rent earnings from the house goes to my parents. I m middle class woman also, living alone with kid is not easy in india, I live safely here. US is more then just dollars to me.
Thank you sister... your story motivated a lot ... big salute to u sister 🙏
Dude and Arthi, I came here 25+ years back. Believe me, you both are going through a phase. I see you want to talk about a topic and ended up with this. It just reflects your current status quo but not where you both will end up. Your life will get better as time goes. Invest in Arthi's education so she can stand on her own as an independent women in her life and also help your family by contributing. You guys are young charming couple. Things will get only better here in America and believe me this is the place for women.
Also make sure you save some money in 401k/IRA. Everything adds for your future.
Raji you are example to many of us thanks for sharing
Your story is inspiring.. Thats a great determination..
@@krisgopi I totally agree with you.
Bro , I am living in india only , doing online job and business , earning 2 lakhs + saving is 1.85 lakhs no rent , no big expense , thanks god i want to stay in my country itself ..... , every year 20 L i am saving , india is my america
Online la ena mathiri business bro panurinka pls guide me to do online business me also.
Congrats both of you :) I liked the way, you guys do video.. very casual.. It's so connected :) Edho unga kita nerla pesura madhiri irundhuchi.. enjoyed watching.. I told the same thing to some of my friends who are interested to come to US.. but you have narrated very well :) Keep doing more videos!
Frank aana padhivu. Rombo useful, Akka and Anna! Neenga kodukura insights neraya per oda decision making ku rombo useful ah irukkum. Hats off! 😍😍😍
Thanks bro😍
You Guys have exactly expressed my situation. I am staying in Colorado . My family size is 4. I am the only earning person. I forwarded this video to 10 of my friends and relatives today
Thanks bro... true in our home town they thought like we are earning lakhs and lakhs but unmai ennanu namaku thaan theriyum 😞😞😞
50k Indian rupees or usd ah bro
Hi prem
Accepting mistake /correction is very good. All the best. Good couple. God bless.
Thanks for ur blessings🙏
I live in Europe (Spain).. Salary is less here but expenses are very less..for a family of 3,with 50k eur a year, we can save 15 lacks INR per year.. No need for medical insurance, no need of car, can travel to other countries
Hi Aarthi and prem, this is joy from Calgary Canada I started to watch your video recently. All the information that you guys giving very useful for many people
Thank you 😊
Completely agree with your talk. I have been here 27 years. Same expense last 27 years. True
It was great video from you bro, The last scenario is damn true make me thinking a lot because i am also into the trap 😊
In a nutshell, both husband and wife must work irrespective of the country.We are all trapped in a cyclic economy of spending most of the earnings rather than saving. A big win for those capitalists who have taken this model to countries like India too (where savings was important and spending was only on necessary things). No money or target is enough these days. Running behind non essential things too (just because of peer pressure)...
😊
It was so late I watched this video, Excellent explanation! Same Blood :)
Thanks bro😊
இந்த video வில் Excel sheet பெரியதாகவும் face small view இல் இருந்தால் நன்றாக இருக்கும்..
Sure i will take care in the next video 👍
Hello Prem and Arthi,
I see your bill for non-veg items (Fish, Mutton, Chicken). Where do you buy these non-veg items here in Columbus, Ohio?
Hi bro
Fish from saraga international grocery
Chicken and mutton from halal grocery like “we got meat”
@@ArthiPrem Thanks for the quick reply bro. You guys are doing an amazing job and keep going !!! Have a wonderful Thanksgiving long weekend 😍
@@perichiappansubbiah1348 thanks bro
Have a wonderful thanksgiving holiday weekend 🙌🙌
Ji.. just subscribed your expense video 2 days before & watched this video now. Appadiye USA life-ah movie Matthiri kannu munaddi ootikamicheenteenga. Nice narration. Only one point missed : how to take care parents & in-laws as single child if we are here in USa .. which is biggest issue going in mind Daily.. as to give priority to old people or our kids good life here🤔🤔🤔
Hi bro
You brought the very very good points
Will cover in the separate video
Thanks for bringing this topic
It was a very informative video Anna!! Good luck with your channel, most of your videos have very good content 👍
Thanks bro🙏
You both make a lovely couple. You guys are doing a great work.
Guess you missed the car insurance.
U r exactly right, no words to say,,,
Really u r telling the reality. Tks .keep it up
After getting green card how much u will save this is only for h1b know
Whether green card or working visa expenses remains same
well explanation & thanks
Thank you do much for a very Frank speech. It has given good clarity
Bro, Why dont you share this sheet to all (or downloadable)? This may be useful for lot of new people as a reference budget in their initial time.
Guys - Tax returns will be more if you are a family of 4 .. it will be easily 10k if you are filing as married jointly .. that money is the savings
What about investing in stocks of great US companies? After all, US is a highly capitalistic country rich people get richer..salaried folks if they save and invest, they can easily get richer too.. For example. Amazon stock was $300 5-years ago..now $2,700 a share... Apple was less than $100 5-years ago, now at all time high of $370...Visa & Mastercard are other great companies whose stocks have been consistently raising??
Totally Ture Prem...Very nice topic. You are 100% correct
தங்களின் வெளிப்படையானபேச்சுக்கு நன்றி
🙏
Nice guys.. practical life that you explained on the video..Superb
I came to California and my kids studied in private school until last year and now I run my own business. Naan tax save panna solli tharen and eppadi money manage pannuradhuku solli theruven. Entire US ley yearuku venum nallum. I have great respect for everyone of us who come here. Bro atleast Neenga 90k katureenga.. Business 1099 earn pannina nariya save pannalaam.
Hello mam I am from Texas I have some doubts I too want to start a business can you give me some ideas
@@nandhinigovindaraju3417 sure can you PM me..
😢... Na US vanthu 10 days tha aaguthu . I have a family too. ipdi irukkum nu nenachu kooda pakkala
Which city bro?
house rent expenses 1800$ for 1 bhk.
Rombave nalla explained , prem ji. Two people earning is only better solution ?
Yes agreed sago 👍👍
yes must work wife .... other than we can not happy
Really missed u guys talk... I appreciate how u accept what u told is wrong... and confronted it
Thanks sis🙏
Excellent. Exactly explained
In UK the salary is not as high as in US but the tax slabs are lower below certain amount and living cost is much cheaper specially if you live outside London. Healthcare and education are free here and comparing your list with similar lifestyle, here the savings will be much higher if not double. If both husband and wife are employed than can have a good lifestyle and will be able to save money for the future. If you want to return to India should do it before the child starts schooling otherwise it will be very difficult and wont happen. Once the residence is established one should leave their employee mindset and look for opportunities to start their own business by widening the contacts. Only by doing business can have a real successful life and also will be in a position to help others. I know not everyone can do it but should atleast take a chance and give it a try. Talking from my own experience.
Bro thanks for the detailed comment
Some of my friends also told that london is better than usa at some extend..
Yes as you said we should get rid of the employee mindset and explore the things to start the business...
thanks again for your comment🙏🙏
Hi bro ... Honestly saying ur leading peaceful life in America.. Even iam a IT person here lot of pressure and struggles...Here corruption no honesty no trust too much of politics so better u be there and live happily forever it's my advice..If u come to India diffenetely u vll feel one day... Iam telling u the true fact...
Thanks bro for your honest comments
Definitely i will not be in software if i come to india for good...
Your honest comment is well appreciated.
Super bro your videos very helpful and useful for people who want to work in us.we need you to keep on posting videos like this truthful messages.
Thanks😊sure👍
Now i recommended indian pupils to stop to go usa by seeing ur budget. Thanks bro
Aiyyayo.... போசுக்குனு இப்படி சொல்லிட்டீங்க....still thank u for d effort u guys take in clarifying things....stay blessed
Thanks for ur blessings🙏
As you mentioned there will be a reluctance but if we can break and go back that's the best. I see many of my friends and family are having a luxurious life in India whereas we are running day and night and saving to go and settle one day but don't know when that one day would come. 8yrs in SG and not sure when we would break it and go. Even you become a citizen there but still can't be like the native citizens and home country is the best :-)
Actually we are living upper rich class style in usa and saving little higher than india...
சரியாக எடுத்து கூறினீர்கள். நானும் அங்கே இருமுறை வந்து தங்கி பார்த்தபோது ஒருவர் சம்பளத்தில் சேமிப்பு? சிறந்த விளக்கம். மனப்பூர்வமான நன்றிகள்.
Nandri🙏
Thanks for the info.But the info you have given may not be applicable for all.For families who live in economical states and don’t overspend can easily save over $1500-$2000 per month
Yes bro agreed
That y v put the disclaimers ☺️☺️
Excellent video... appreciate your realistic conversation.
Thanks🙏
Hi Prem & Arthi.. just a suggestion for a new video.. most Indian families will like to have a affordable luxury car in US. Is it advisable to get a luxury car or its worth investing the same money on standard brand cars ? Plz think thru and make a video if possible. Thanks.
Sure bro👍👍
Definitely its depends on the persons
I bought the car recently which is honda crv 2020 model and I didnt go luxury model
I have covered some portions in the below video, please chk and let me know your thoughts
ua-cam.com/video/pSQvWxWp0q0/v-deo.html
If you get a job with a top tech company you get a lot of money in shares. So everything depends on what job you have.
Disclaimer is 90k, there are jobs which pays 400k. It depends
Romba correcta relative madhiri chollateenga
Mahadevan iyer
My daughter is in Chicago. Now single. Same situation
Both are casual and cheerful couple.
Correct ah solreenga😁
😊
Superb
Ha ha.. Reminding me Sathyaraj & Vadivel comedy.. America vanthathuku nee than enaku maasam $50 tharanum..
Anyway all these expenses will vary by person and location.. I am able to save $1000 to 1500 per month in my $4200 take monthly income(after tax and med insurance). I am living with wife and one year old kid in Dallas..
Rent - $1000, Indian Grocery and other Grocery - $500, Utilities and gas& mobile - $500, Entertainment - $100, Kid expenses- $100, unplanned expenses $200 to $500, Car insurance - $150
Super bro,thanks for the detailed expenses sheet,yes agreed,as you said it will be vary person by person and location
You are very correct
Inge velai kidaikkum aanal masam 6 lakhs sambadhikka mudiyadhu.
Further american life inge kidaikkadhu
Trap illai
But destiny take that way.
Very true last few min in this video . Thanks for the video both of you.
Thanks bro 🙌🙌🙌
90,000$ is net income or gross income. Tax was not informed
Hi Arthi, expecting savings related video
Sure sister will do 👍👍
Good clarification from the first video. Thanks
Thanks🙏
Not only in USA, living in any other foreign country has the same trap and story
Yes sister agreed... but america na oru trade mark iruku everyone thinks they ate earning crores and crores 😊😊
Good comparison 👏 say ellaborate about comparison of setted in usa vs india
Thanks,sure👍
“பிரேம்: குழந்தைங்க இல்லாத காலத்துல வெளில அதிகமா போவோம்.... , ஓ விடு நம்ம போகல தான்“ ஆரத்தியோட காலுல விழுந்துட்டான் பிரேம் தருனம் 😂😁👌🏽 . All did the same 🤣.... cute though 👌🏽
What about the trips ? There is no use being in us without seeing other places.
India we stay late but not as productive as US despite we wrap up early here. In India social life is good like partying and going out regularly, here personal life is good. But working in developed countries will certainly make more professional . It's a great experience overall.
Come to Canada ! you can save more
I liked your presentation, importantly lamo at your credit card swipes!
Very useful topic SiS and bro and Tqqq
Thanks🙏
It’s very helpful information
👍
super bro
Nice video providing clarity on expenses that everyone should consider prior to taking decision on move
Yes bro that is the intention of this video
Some of our friends were suffered a lot due by taken wrong offers...
Eyalba pesuringa. Vazthukal.
Nandri🙏
Very Nice presentation, Thanks for sharing
Thanks🙏
hi saho iam new to ur channel and iam a student u both ppl down to earth i dont know why ppl don't considering arab countries we cant get citizenship there but 95 percent savings of salary
Hello sis if both hubby and wife earning we can save some...
Good. Open statement
மிகவும் சரி
Bro inga night morning epovumae thoonga mudila becos of work .. india la atleast night extend panalum morning free ah thonguvoom
Unmai 100 % agreed
Can you share the excel sheet with us?
Very true Bro 👍
Good news.thank you verymuch.
Thanks🙏
Very frank video guys .. enjoyed watching .. good work
Thanks🙏
👍Keep It Up...🙂
This really shows the importance of financial planning and investments..Else no matter what country you work, its a vicious circle.
But still if we going to home trip, that time we can purchase lot of grocery items from India like soap items, dals, etc. Please mention that too. So that monthly grocery purchase amount will be reduced. Also for some people who are all living in the main city, car is not required regularly. So they can take for rent occasionally. Even that too reduced the amount from monthly budget. It is also helpful for new comers.
Sure thanks for the feedback.....
But house rent more!
The solution is to adopt, when decided to live in other country must learn to adopt to eat local food and buy local produce which are usually cheaper than imported groceries from India. For example most westerner living in India adopts to eat local food as imported western items are very expensive in India.
Boss... Year end tax return will come more for family man... For bachelor tax return is very less
Bro, let me tell you the Bangalore expenses for 30 year old IT employee whose avg salary is 1,00,000 per month.
Current Bill - 1000
Water Bill - 1000
Internet - 1200
Mobile - 400
TV - 300
Hospital - 1000
Restaurant Food - 1000
Bike Fuel - 2600
Home town travel in car - 5000
Fruits & Veg - 3000
Groceries - 10,000
Misc expenses - 5000
Car Insurance - 1500
Bike Insurance - 200
Education for 1 kid - 10,000
House loan - 35000
Total Expenses - 78,200
For Parents - 5000
Total Savings - 16,800
If we are in rented house then we can save additional 15,000.
Super bro thanks for the detailed info 🙌🙌
Good explanation Anna love from thoothukudi
Thanks bro😊🙏
One lac in us$$$ per yr u mean ??
👌👌👍
Very true bro
Thanks for your comments bro 🙏🙏
Thanks for your comments bro 🙏🙏
Can u tell which country offers more jobs and money
Singapore
Hi Anna, well said....Exact story of ours.!!
True sisters many of us sailing on the same boat 🙌🙌🙌
Double income family ku better aa irukum la bro
Yes bro ..
May God bless your family
Thanks for ur blessings🙏
Ha ha same situation with us too.now it 10 yrs
Heehehe we are in the same boat
True..In single income with 90k savings will be less...
Yes sister.... lot of our friends who are having 2 children were struggled and went to india
Thanks for your comments
Once the kids reach 6 years, their pre school expenses will be saved. But these expense will be utilised for their college education.
@@kothaisundararajan4777 if both husband and wife worked ,then things are different..one persons income will be saved..
well explained,Thanks
Neengal pesuvadu romba aarumayaga ooladhu.👌 Yes this is true. Thanks 🙏
Nandri🙏
I like your pair cute loving couple
Thank u sister 😊
True
Aha excellent 👌 open talk
Thanks🙏
well said
Nadri 🙏🙏
நீங்க அமெரிக்காவில் எங்கு உள்ளீர்?