How does it to feel earning 1cr+ in India , personally and professionally
Not much as it cannot fetch a 2bhk in Bangalore or Hyderabad
Friend owns 3bhk( All Loan Paid ) , He has booked Villa somewhere near Blr ( under construction) for 2 Cr now current price for villa already is 2.75 Cr , He got Alacazar car top model for 28L all in One time payment, bought land in home town of 64L , this is how it feels when you earn 90L Per year and his wife makes close to 30L Per year !!! 1.2 cr would give you luxury life in any city of India
Happiness is relative so it would be the same earning 10L
Can survive in bengaluru /s
Quora m pucho ye question
Honestly it's just the same. Our household income is roughly 3 cr. First year, when our income skyrocketed, it used to feel special. Went a bit crazy with splurges. But second years, things have returned back to normal. Mine household expense today is roughly 3x of when we were earning 50L annually. Max amount simply goes to saving and tax.
Biggest benefit though is hitting FIRE. That releases a lot of stress away from you. But that, IMHO, is a function of lifestyle expectations.
Sab moh maya hai 😂
Is small if your expenses are high. 🤪
Most people who make 1 cr plus as engineers (non executive level) , have a ton of variable and non cash components in it. In top of it you will have taxes 30 percent plus health education cess 4% plus 10% wealth tax on the computed tax.
