Purchase Power Parity | #finance #education #job #employment #salary

[rishabhmalhotra]

100k in California... good luck paying your Healthcare and educational bills

[varunthedoc]

I was also thinking the same. I was under the impression that everyone in the USA are rich. I was going to leave my 48lpa job for greener shores but as a single child, I feel staying with my parents in their old age is more important.

[sahilkhedia]

Vasooli bhai in background
Arey chuna laga diya.

[tankarasaikumar]

Very good explanation with simple way 😊

[rtkayush]

Tax and American healthcare enters the chat 🤡

[Khaubookra]

Ppp wont be applicable on savings, do when u send 25000 dollar, actualluy u saved 20 lakhs indian rupee...chomu that s how people who go to USA buy a property in mumbai within 3 years....

[soumyajeetmitra]

bohot beheterien tarike se samjhaya bhaiya

[Pushpul.Pandey.PP]

Marvellous piece of knowledge.... Thank You

[avjindersinghsodha]

When you and your viewers don’t have enough information

[normie_reesav]

Us healthcare be like here's one band aid and a bill for 100k

[subhradeepghosh]

100k in Cali is what nannies and maids earn there🤣🤣

[noonedotcode]

Hum kab se भ्रम में ही चल रहे थे thanks bro giving such a great knowledge

[abhilashthakur]

100k in us is still quite a large number even in us standards

[bayerwps]

20k USD bhi save karke india bhej diye toh 15lacs hote hai approx
Baki 4/5th salary me aish me US me raho
Win-win

Price parity mere isse 🗿

[RakeshSharma-urhc]

Pehali bar kisine is bare me bilkul sahi jankari di hai, me to bachpan se ye hi sochta tha ki us me 1doller to 70 rs. Ho jaenge

[ivanban]

One thing for everyone to keep in mind is that the ppp is an “average” equivalence and India like the US has a wide range of lifestyles based on income level and this video is probably quite accurate for the indian income level of 12-15 lakhs salary which is truly equal to a ~$50k but as you go higher and you increase your lifestyle the difference gets smaller, at a 50lakhs salary the house that you would live in the car you would drive and services you would consume are priced much higher (ppp wise) and a INR50 lakhs salary is probably more equivalent to a $100-120k salary than the ~200k that the ppp would suggest. Now if you take it to the “luxury” level things are actually more expensive on a standard conversion rate (eg., a BMW in India vs US), so a $500k salary is more like 6crore rupees income in india.

[shoaibmalik]

Looksmatter shirt in flipkart amazing collections of mens shirts ❤️❤️❤️❤️

[adityashinde]

I have seen a lot of videos about ppp but didn't know how to calculate it but now the search ends

Thanks Bhai 😌😌😌😌

[vedichunt]

This does not apply on savings
If you earn 15 lac in India, and you decide to save 25% of your income, it would be 3.75 lac
If you earn 100k dollars in USA, and you decide to save 25% of your income, it would be 25k dollars, i.e. 20 lac rupees which you will save for India
It is like getting second salary 😂
That's why NRIs are rich here in India

[AlexAlex-gsxh]

There are 2 dollar burgers too in America