India For Good Return Ke Entha Savings Vundaali?

[ChampakDas]

1 million and running

[upendra_super]

4.5 years uncle

4.5 years ki 120k savings how man 

 

1.5 yrs masters anukunte aaaaa loan marriage house ke enough kadha 120k savings ela possible 

 

employers ni blackmail chestunava endhi

[lambadimba]

emi lekunda kuda vellochu

 

mana daggara em lekapothe haayiga peaceful ga gundela meeda cheyyi vesukoni nidrapovachu (nobody can intend any harm against u)

[jivvakoruchi_burrokobuddi]

Inko 4 years lo for-good india anukuntunna........Average ga entha vundaali savings??....any idea

R2IClubporum  lo vandala post lu discuss chesaru ?

you will find many discussions  in LIA ( Living in America ) or R2I ( Return to India ) and R2A ( Return to America ).

Spend two days on the porum , you will learn a lot . 

[irukupaalem]

emi lekunda kuda vellochu

mana daggara em lekapothe haayiga peaceful ga gundela meeda cheyyi vesukoni nidrapovachu (nobody can intend any harm against u)

chey gudela meeda veskovalsinde antav aite

[sepoy]

4.5 years ki 120k savings how man 

 

1.5 yrs masters anukunte aaaaa loan marriage house ke enough kadha 120k savings ela possible 

 

employers ni blackmail chestunava endhi

konni shares click ayyayi.....thats lottery uncle.....masters mostly part time...koncham inti nundi......chossava uncle nuvvu enni years lo nuvvu US lo teledu....but looks like you dont have savings much to your likings....inka wife kids vaste....inka em migulutaay....

[ILAQAT_MUFLIYA]

u looking for a job aa vuncle..which tech..?

.net thatha .. chusi pettu jara..

[sepoy]

Going Back to India for Good – Tale of Two of My Friends

 

Most of us who leave India to go to other countries for studies/job will think of going back to India for good sometime later down the road. I have two friends who had identical educational qualifications who left India almost 10 years back to two different countries with plans to come back after earning some quick bucks.

Both my friends D and M completed bachelors in Civil Engineering from Kerala in 1997. D got an admission for MS in structural engineering from a university in US. M meanwhile did MS in structural engineering from a college inIndia. Now let us see how their life has changed.

Let us take the life of D. My friend D came to the US, the land of opportunities with great hope and dreams. He dreamt of earning and saving in US dollars and using all those savings to settle back in India. Reality struck him as soon as he landed in US for MS. Life as a student was tough – not the one he was expecting. To make life worse he never got any scholarship during the first three semesters of his studies. He completed his studies by Fall 2000 and he was fully submerged in debt. By the time he graduated the US economy was going south and he had to wait for another 6 months before he could land in a job. Now it is time to pay back the debts. It took him almost 18 months to pay the debts he had incurred during his graduate study. By that time he got his H1B visa and the company applied for his green card.

Now his parents started pressurizing him to get married. All his efforts to buy some time were in vain and within three months of paying of all his debts he got engaged and married two months later. To impress his newly wed wife he bought a new luxury car, furnished his apartment with brand new stuff – as typical of American life everything on loan. Again major part of his salary was now going to repay these debts.

In couple of years his wife got pregnant and soon his two bed room apartment was not spacious enough to accommodate the visiting parents. Like any Indian out there he buys a spacious four bed room house. Now two third of his salary goes to paying the mortgage for this house and he has to meet all the other expenses with the remaining salary. Credit card companies get richer as he started using these cards to cover the expenses over and above what his salary can afford.

I talked to him a few days back and we were talking about his initial plan of going back. He was telling me that all he wants now is to pay off all the loans which he knows will take years. He bought the house when the housing market was peaking and he cannot even dream of selling that in the near future without incurring any loss. He is so preoccupied with how to make both ends meet everyday that going back to India is the last thing in his mind.

Now my other friend M – he finished MS around the end of 2000 from India and got a job in Kuwait as a structural engineer in 2001. He got married like my other friend after working for two years but this friend was well settled in life when he got married. Most of the salary he got was savings for him as he never had to pay for his accommodation nor travel to and from the office nor yearly vacation to India. Within the last eight years he had enough savings to build a house for his family in India and now by this year end starting a structural engineering design company in Kerala and moving fromKuwait for good. He was telling me that he had enough savings to survive for another couple of years in India.

If you are in US the story of my friend D may sound very familiar to you. You may be able to see yourself somewhere in the story I was telling, right? So what is the moral of the story? Once you are in US, you are sucked into the system so much that going back to India (of course if you come here with plans to go back for good once) is really tough compared to going back from other countries. If you add children to this equation, going back from US becomes really tough.

[upendra_super]

konni shares click ayyayi.....thats lottery uncle.....masters mostly part time...koncham inti nundi......chossava uncle nuvvu enni years lo nuvvu US lo teledu....but looks like you dont have savings much to your likings....inka wife kids vaste....inka em migulutaay....

andariki shares click avvavu kadha man

and i just started my job carreer recently so thats the reason y asking experts suggestions 

[Hyderabad_Nawab]

Nuvvu India ki Poyi Em Peekdham Anukuntunnavo...Adhi Clarity Undaali First...

N den née Savings Should depend on dat...:P

[k2s]

min 10-20 crores

[Aryaa]

10 crores untey u r middle class. Recent thread kooda padindi


So 20 crores ok

[lambadimba]

andariki nee frnd laga kuwait lo job lu dorakali kada

 

 

india lo job lu chesukuntu kurchunte ave tippalu akkada kuda untai

[sigsegv]

its in your mind man ... neeku nuvvu satisfy avvaaali

[puli raaja]

10 crores untey u r middle class. Recent thread kooda padindi


So 20 crores ok