What Monthly Income you NEED to earn for a GREAT Life

Shwetabh Gangwar explains to you how you should calculate your ideal salary keeping in mind metrics such as disposable income, vacations, insurance, investments, etc.
He figures what a great salary in India should be for a good lifestyle and a secure life!

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Shwetabh Gangwar is a national bestselling author of the book The Rudest Book Ever, host of the podcast Raw and Real, and a problem solver. On this channel, he takes problems of people and gives perspectives on them, shares alternative perspectives on hot topics, as well as makes explainer videos on psychological biases, fallacies, and theories to educate people of critical thinking and howtothink.

[itsaryanguptaaa]

1. geography
2. responsibility
3. standard of living
4. what is a good life? - disposable income (2.5-5Lakhs)
- clear water, food, good sleep
- investments
- vacations (gives perspectives)
- hobbies and interests (gives you life/identity not for success but for pleasure and interest)

come up with your own number, not given by society. and be claivoyant and forsighted

[ashish]

Age- 25 (unmarried)
Salary: 70k
Occupation: banker (home posting for now)
Current Location: village in Jharkhand
Monthly family expenditure: around 20k
Fresh air, fresh water, fresh home village food.
8 hour work+ pursuing hobbies like spirituality, meditation, yoga, reading books... But couldn't go on vacations till now, will start soon.
Satisfaction level in current scenario: 8/10.

[vipkoli]

The average rent of a 2BHK Flat in Mumbai Suburban (Which is quite sufficient for a nuclear family) will be around ₹40-45k, the same with amenities will be ₹55-60K. Add Education of 2 kids ₹10k per month. Groceries, veggies, meat, milk around 25K per month. 15K investments or insurance premium. 10K for extra expenditure per month. So yes Shwetabh is bang on for his figure of ₹3 Lakh per month in a Tier-1 city like Mumbai to live a good life.

[squky]

In India, I've noticed that people do not negotiate with a potential employer to get their labour's true worth. Even the salaries people receive (and are okay with) usually stay stagnant for years with some companies not providing annual raises just to adjust for inflation. Folks don't realise that if they are not getting a raise every year, they are actually losing money. It's like taking a pay cut, because your rupee buys less this year than it did the previous year and it will keep losing value. Employees treat their jobs as some sort of favour that the benevolent employers are bestowing on them due to their good nature. They are happy to just be employed and are willing to work for far less than they are actually worth. I realised this when I started dealing with clients from abroad and learnt what they were actually willing to pay for certain jobs. So, even if someone wanted to negotiate a salary that's closer to what their labour is worth, there are scores of others who would gleefully undercut the applicant just so they can be employed. The rampancy of strict hierarchies, toxic politics, nepotism, brown-nosing in our work culture does not help things.

[immigrationadviser]

Currently living in New Zealand and earning $80, 000 per year but money is just one part of a life.
Here health is free, roads are smooth, people are nice, water and air is clean. Complete peace of mind.

[hemantbanik]

I didn't even knew... I was missing all these important things in my life.. Before I saw this video. Really really thank you Shwetabh Dada.

[AngshumanVI]

I started watching Shwetabh's videos since 2019 when I was desperately trying my hand at trading, starting businesses, and was losing it all. Was single lifelong then, and I used to watch Mensutra's videos everyday almost religiously because I had a lot of insecurities. Today, in 2022, I have grown my small business from earning 33k per month to 3+ lakh in-hand per month. In retrospect, I am glad that I did not get into relationships and waste my time in my foundational years (I am 28 now) thanks to Shwetabh because now I am well-settled and can be with any girl I want. Shwetabh, if you are reading this, THANK YOU. You are the big brother I always needed, but never had.

[sameerlule]

I can add 2 things in here
1. How much you own does not make a real difference if you have bad debt ( i.e; fucked up finances)
2. Become such a person that your child does not have to roam around the internet or cities to find a really good Mentor( really underrated shit).

[abhishektitan]

"If you want financial freedom build income generating assets" said Robert kiyosaki.

[JackSparrow]

Minimum Salary Required in Small City for all Facilities - 50-80k
(Keep health insurance always)
Minimum Salary Required in Tier1 city like Mumbai for all Facilities - 2.5-3L

[affan]

One fundamental thing that wasn't mentioned was if your work/works isn't worthy and lovable, then no matter the income or air or mattress or anything it became impossible to truly live a fulfilled life.

[PankajJagat]

Amazing.. its very true, and it matches with what I feel about how I should be living my life.

[rajkittur]

"Money does not buy happiness, but life without money is a path to misery"

- JORDAN BELFORT

[burninator]

I'm working daily on my long term goal
Today I studied for 3.5 hours for my goal I didn't have mood to work today but i motivated myself and worked today

[yogeshchaudhary]

Great video man! You are adding unique perspective to all our lives.

[ayn]

The video that I've been waiting for. 😍

[kartavayachhetri]

Thank you for your time and help on this topic
.

[malwablock]

I am living in village
There is average person earn about 10k to 20k per month
My father also earn aprox 15k
i am preparation for govt job and i am gona start a youtube channel
I hope i can earn 50k per month
This income is enough for me and my family 🥺🤲

[prajwalpothare]

This is such a very beautiful content completely mind blowing and bring me a completely conceptual clear
I love it😍😍

[Letsenjoywithneelam]

I 'm very thankful for your amazing videos
your job is awesome nice & superb editing
Keep sharing your nice videos