In India if one has a networth of ₹2.1cr, they’re already a $ millionaire (the most common millionaire tag validated world wide).
Thanks to Purchasing Power Parity.
What you get in ₹2cr in India, you’ll have to pay ₹8.8cr in the USA.
So you don’t need to have ₹8.8 crores as per the dictionary definition of a millionaire in India. (₹88*10,00,000).
Well, next time, don’t sweat about having ₹8.8cr millionaire tag.
You’ll do well with ~2cr, unless you’re planning to settle down in the west.
And yeah, I’m not asking you to settle for 2cr. This is a feel good blog for those who are on course of building wealth in initial stages.
Aim for 100-1000cr. Higher the better.
