 Wee they're not doing it Hey Arumon give me a call I'll sing for your next movie Go back to our stupid or actual corp. I'm rich. He calls a Instagram Twitter for more GC content Thank you every sports on patreon follows to the count subscribe like Today we have a video. This is uh, it's called it's from Asian boss We've seen a few videos from them. Yes, and it's how much do Indians make and what do they do for a living? And so they it's a street interview kind of thing Indians, apparently, are much more open to... How much do Indians make for themselves, man? And what do they do for a living? Yeah, boy, it's all one thing. The level of interest on this one's gonna be really high. Um, well, you don't know, and this is, uh... Let's see. Um... I mean, this has been a topic of conversation for me and my friends for many, many moons. I mean, I can't tell you how many times. We've contemplated and argued about this very subject. Why would you argue about it? Well, because there's so many stories out there about this, so many varied opinions around the world, it's hard to find the actual truth. I'll be very interested to see what they come up with here. Good Lord. Shut up. Do you think it's a matter of capability or luck or opportunity? I personally believe in luck. I believe in luck. Hey, bosses, it's Kira from Asian Lost. You must have watched popular videos online about people being asked what they do for a living in rich places like New York. But have you ever wondered what people outside of US do for a living? For example, in countries like India, well, let's head the streets of Mumbai to find out. I bet none of them are doctors or engineers. Do you want to know about how much Indians make? Our first question is, what do you do for a living? I do acting and modeling sometimes. That's awesome. See, I'm working with the banking sector. Right now I'm jobless. I was playing music for the club. I'm a banker by profession. I'm into analytics and financial planning. I run a startup. I am the CEO of the company. And we specialize in making a lot of AI-based products for data. I'm an anchor. I'm an origin merchant. Yeah. Oh, nice. How much do you make per month or per year? 50 to 70k, somewhere in between. For you, around 7-8 lakhs. See, I am earning 50,000. See, more than that, for middle-class, 50,000. I have the family. I have two kids. There are a lot of housing loans in that. Living in Mumbai is not so easy. If you want to live in Mumbai, you need a house. If you are going to pay the rent, I will have less than 50,000 to 60,000. So I do about anything between 2-5 lakhs a month. So would you say that what you make is considered pretty average in India? No. Typically, since my background is such that I'm an AI data scientist and I have multiple years of experience. So I come in a very different percentage of segment. And if you cut across a broad spectrum of people, then they make much lesser. What amount would you say is considered average? I would think an average person working in Mumbai would earn about a lakh. For Anam? Per month. How much does an average mechanical engineer make? Around 4-5 lakhs. For Anam? For Anam. Would you say that is above or below average considering India? It's pretty average. How much do you think it takes for someone to live normally without worrying? Live comfortably in Mumbai. How much does one need to earn? Per month. It would be around 1 lakh to 1 lakh. 50,000 would be really good numbers for peace. Same here in L.A. Leave a very average life but without worrying. It's not. Minimum 20,000. Minimum 20,000. If you want to live in a hut, you have to pay 5-6 thousand rupees. And the rest. Minimum 20,000 is the minimum. After that, you have to raise your weight. If you have a family, then yes too. Here, I have seen those people. The 5,000 per month is very good. They live happily. I have seen people who have 50-50 lakh rupees. But still, they are like, no. This is my problem. This is the problem of my car. This is the problem of my shopping. So, it's all about how you live your life. Mumbai, again, it's a very difficult environment to exist. So, the cost of living is really, really high. So, any fresher who is passing out of college will need at least 40-50 thousand to kind of go and live comfortably in Mumbai. So, you may not have a party every weekend, but you know, you could make... May not. May not have a party. ... have a reasonable living, a rented home and plus eat reasonably well. I think minimum 1 lakh. I live with my family. And even if I stay with my family, the expense, considering all the expenses, I think it should be minimum 1 lakh. How possible do you think it is to earn that sort of money in Mumbai? It depends. I've been in this meta. Like, I've been working for 5-6 years. So, I should have been earning 1 lakh till now. But that's not the case. Do you think it's a matter of capability or luck or opportunity? I personally believe in luck. I believe in luck. It's luck. Because I've seen people who are working very hard and they have not reached that level. And there are people who are not working, but they have reached that level. So, for me, I think it's luck. So, Mumbai is one of the wealthiest cities in India. And the concepts of many billionaires. How often do you see people struggling financially? You are living in poverty in Mumbai. In Mumbai, I think there is a lot of poverty. I think 6-70% are lower middle class or lower than lower class, which is what I feel is my point of view. If you go to Mumbai, leave Mumbai and go to Thana, to Kalyan, to Tirtuala, if you go too deep in the district, there are a lot of rural areas where children have no education, no one has a home. I mean, there are houses, but they are not the houses where, as you say, Mumbai is rich. It's not like that. So, the more you go inside, the more you will get into trouble. Because there is no need to wake up a poor person. A poor person doesn't want to make his thoughts bigger. He wants to just lay down on a floor and he wants to be like, no, I am poor. That's how I will spend my life. My life will go on. And why is a rich person rich at this rate? Because he believes in his hard work. He changes his surroundings. He tells himself to decorate at that place. He tells himself to search, he tries to work hard for himself so that his family and his generation can live a good life together. Why do you think there is such a huge wealth gap? Well, the corporate entity is one thing where a lot of wealth has been transferred to the top one person of the people living in the country. And we Indians tend to believe in the jobs and we are trying to settle for whatever we get because of the intense family pressure that we get. So a lot of people have really good skills and a lot of people have talent, but their talent gets killed in India just because they have the family responsibility. We as men, we want to look after our family. So it's our responsibility and it doesn't matter if you want to kill our dreams or if you want to throw everything else just to feed our family and that's fine. Let's say you're a painter, right? Let's say you're a painter. You're a genius painter. You don't have money to pay the rent and then you have children. Will you be able to pursue your painting career? Rich people can do that. Once you win, you win more and once you lose, you lose more. And it's in everything. It's about being in places and then if you're born from a wealthy family, it's more likely you'll end up wealthy because you're studying the best schools, you're meeting the right people and it's difficult to get out of poverty because you're trapped and then there's prejudice and stuff. We were also interested in the living costs in Mumbai. How much do you think a typical monthly rent looks in Mumbai? Very similar challenge. How many bedrooms? Three bedrooms. I think I live in a room with a rent of Rs. 22,000 per month. Same. This room costs Rs. 7-8,000-8,000. This is the same room. And I have to pay Rs. 22,000 for that room. So I don't think it's good to stay in that room but I still have to because Mumbai is already a vast city, a vast populated city. So on an average, I think if you're living in the suburbs it would range from anywhere from Rs. 25,000 to about Rs. 40,000. Of course, if you're living in South Mumbai then I think rentals are upward of a lakh. So for a 2BHK, if you want to stay in a property which has some facilities like a gym and etc. How expensive is it to buy a house in Mumbai? It's very difficult to buy a house in Mumbai because the value of properties in Mumbai and Tana has increased a lot. If you want to buy a 1BHK in Mumbai then you have to pay Rs. 60-70 lakhs for a minimum 1BHK. So it's about anything between 30,000 to 500 million dollars in the share of town. You kind of hear bad numbers out here in terms of 30, 40, 100, etc. It's a very common thing out here. You need at least 1.5 to 2CR to buy a place in Tana and Boribili. So that means an average person who's actually paying tax will have to go in for EMI's and for the rest of 25 years of his life he's just going to be churning out EMI's and when it's a blink of eye his life is gone. So do you plan to buy a house? I do have a house, I have an ancestral house. So I just was lucky that my parents decided to be in this side of town. But today if you ask me to go and buy a house personally of 5 to 6CR in this area, it's going to be a drain. I can't do it. Trying to buy a house right now and it's very expensive. It's expensive. What do you say it is possible for the youth current not here to be able to buy a house? I don't think so. It's possible. Unless your dad has a lot of money. I don't think that's possible. I choose a different way of life. I would not go for property, buying property, changing places from one place to another place. For me it's like a hoax. It is like this race is kind of attracting people more and more towards them. Do you think you'll be able to afford a house someday? Of course, yes. Because the skills, if you're talking about my own thing, I do have the skills to make myself in the top one person. Even though I don't belong to the top one person family of this country, but I know I can still break that chain and I can make myself into the top one person through my hard work. With the current high inflation rates worldwide, people are experiencing financial crashes. How has inflation affected you personally? It affects in many ways. The cost of living, the cost, it spends you to, for me personally, it is about travelling. So travelling cost is much more higher because even in the media, we can't take public transport. We have to have our own vehicles. The petrol cost, for me, transportation is the most affected category of inflation. It affected my father. He has to work more and the wage is lesser like that. And people are getting replaced by other people. Like everybody's... There are more people on the world. So there is less jobs and more people are willing to work for less money. I mean, you're from my house and all that, it really affects them, right? I mean, if your vegetables are costing like 150 rupees a kilo, even for a vegetarian just day-to-day living is just becoming that much more difficult. So I feel... Do you see that? Yeah. For the people who are actually struggling with inflation. I know the average youngsters would be struggling with the rising tomato cost. Yeah, yeah, I've heard about that. Sanity. See all the newspapers, it's skyrocketed. If the government can't go on controlling very basic necessities for human beings, then what are they doing? How long can you go about cooking in the kitchen without an onion or tomato? Because we Indians have a tendency to have a lot of that in our daily diet. Very true. Suddenly you take the onions, suddenly you take the tomatoes, tomorrow you take the potatoes, and what am I eating then? You know what? The governments sit in the boardroom meetings and discuss those economic numbers. They're good. And they can be... You can tamper and make them look green, right? But micro-inflation really boils down to if you actually ask an average cab driver how was he happy in 2014 or actually happy now? Ronald Reagan's second term. Before 2014 I could save something. Current times with the GST killing me on anything and everything and my buying power going down. Have you ever considered going abroad to make more money? No, Bollywood is here. She's here, so... What do I do when I go there? I can go around, no problem. But in India it's like very beautiful place. People come here from there to earn money. No. Yes, if you get a chance from Hollywood then I don't mind. I'm just sorry. Yeah, I've thought of it. Everything's scope is better in other countries than India. Like anything you take. Most people go there, right? Even IT professionals. Everybody goes there. There's a lot of cash flow in Dubai. Suppose if I have the same skills and apply for the job in India then I would relatively earn around 22-25 thousand as per my experience. But at the same time if I do the same thing I would earn around 50-60 thousand in Dubai but that's not enough in Dubai to live a good life. But it's good for the experience. Once you enter the job industry in Dubai then it relatively opens a lot of doors for you. Not really. I feel the opportunity here right now is a lot more. So with the pace that India is growing and in terms of our GDP projections as well I think we are in a very sweet spot for the next 10 years or so. So I would not contemplate on leaving India. I think the prospects here are far better than what we would probably get abroad. Do you think the government can do anything to reduce the cost of living for the ordinary citizen? I don't think so. It's possible. It's a vicious cycle. I don't think so. If one price is rising the other will get affected. So I don't think so. We have to buy clothes. We have to eat. We have to do everything. And all those things are slowly getting expensive. So I think you should pay more attention to the salary and the earning. And not to reduce the cost. If you drink cigarettes like Paltu Karth then you can reduce the cost if you drink alcohol. If you want to reduce the cost then you have to reduce the living standard. It's to the government of India which needs to change the regulation and really tax the super-rich. Because that's where the income really comes in and if you really go down to the statistics to look at the tax data it is the middle class which is taking the heavy load of tax the super-rich class from what I see they would end up very similar to here. Very similar to here. Because they kind of find dodgy ways in terms of declaring themselves as an agriculturalist. I think the government needs to do something about in terms of the disparity. The disparity is large. A lot in that video. A lot in that video. There was. I would retitle the video. To what? Just the flat how much do Indians make and what do they do for a living is not an intriguing thing. That's why at the very beginning of it my thought was great this should be very exciting but that's all we're going to talk about. I would have rephrased it to something more along the lines of is the cost of living worth the price of working. Something a little bit more... Because it covered way more than just what do you make and do for a living. Way more than that. It was far, far more interesting and important in terms of what everyone was talking about. I feel like America has had this stigma about talking about what you make and I don't know where it came from originally in terms of like people don't like, you don't ask it's ingrained, at least when I was a kid you don't ask people what they make. Right. And people don't say what they make. Which actually leads to... Even within family, the closest family members don't talk about what they make. It leads to corporations being able to get away with not paying people what they should be making because no one wants to talk about what they make. They'll talk about it privately and declare obviously you can know just from the statistics of what people file on their taxes you can get a ballpark average of what people are making. But yeah, it's true and unfortunately in addition to that there is this not just here, it's all over the world and clearly it's in India as well but it's very and for me it's just terrifying this focus on what you make versus how you're living and that a certain amount of money... I saw this guy on a reel on Instagram whose net worth right now is $350 million and he said it's very true how much you make is irrelevant because he said if you like the high for example the things you want and do the things you do it's like any other endorphin rush you're going to get eventually it just becomes chasing the dragon you just don't get a high off of it anymore and then what does it even matter at that point? He said yeah there's certain things I'm thankful I don't have the pressures of having to think about certain things financially he said but there's a certain point where you just... for me you can't put a price tag on freedom man I've lived both lives I've lived the life of to make a certain amount of money because of what's expected of you from a spouse or from family or from the culture what it feels like to quote-unquote buy a house which... you aren't the one who bought anything when you get into a loan you're owned for a very long time unless you get out of that loan so there's this whole mindset that was a lot of it fabricated and created back in the 1950s here in America with financial institutions the American dream was to buy a home so that more people would have more money put into the banks it's kind of scary and there's one particular organization here that has so many banks that they're eventually going to own about 60% of the American real estate just because people are getting talked into buying buying a home well it's because it used to be a good investment it used to be and then the boomers ruined everything well so the 2008 I blame the banks more than the boomers well who started those banks was the boomers they bought a house for 2 cents and a donkey and now it's worth 2 million dollars and they're like you should buy a home there's no way anybody from my generation is outside of people that probably came from wealth and it's all relative too for example the actor choosing to live in Mumbai it's like there's only two places I'm living in the United States where I would want to live and that would be here or New York because that's where the predominant amount of the acting work is and it's worth the cost to do that and I've made choices like I said freedom is number one in Drani and I we don't need things for us it's about the freedom to do what we want to do when we want to do it it's about the bulk of the money that I would spend it on it's not on things it would be on experiences it would be on travel and food and just funding more of what I'm presently doing that would be my hope for everybody and not judging people at all it's amazing how many people are judged by what they earn or don't earn or what they do or don't do it's a terrible, terrible problem obviously and I know the differences between the rupee versus the dollar and the fact that huge what they were putting in the U.S. number even though it equates to me because I live here I pay in U.S. dollars the part of what we would have saved living in India the fact that I make U.S. dollars and there I could pay 200 or 400 dollars of room is just it's unthinkable to me because 10 times that or whatever just so you know the difference would be and I've done the math I've talked with Andrani about it we've talked about it many times in regard to you go from being what is basically lower middle class in America to because that's we live that's our lifestyle here we are lower middle class and we would immediately be in the middle of upper class in India simply by living in a different place in the world and it's really wild and obviously since we're YouTube we would still be making in U.S. dollars but that would convert and we would immediately be in a position where we would we would jump just by moving from lower middle class to middle upper class like I've talked to Mark Bennington because of where he lives everybody lives around me and I was like what do you charge and he says this number and I'm like holy shit yeah and it's even more this is where the extreme wealthy celebrities live yeah I've talked I've run numbers by Andrani as well I know the reason for that is obviously the rupee if Andrani and I lived in Kolkata and we lived in the family house my stars oh my goodness but it's about what you value where are your values what is it that you particularly value yeah exactly that was a better video than the title because it was real people talking about their real problems and the reality of what they actually make so always super interesting so let us know any other information that we need to know down below