New Delhi, Aug. 9 -- A lucrative job abroad is the dream of the Indian middle class, but does earning in dollars automatically translate into massive wealth back home? An Indian professional based in Australia took to social media to burst this common financial myth.

Taking to Instagram, Karan Singh Gill shared that his $100,000 annual salary immediately made him a millionaire in India, based on a quick exchange rate of Rs.67 per Australian dollar.

However, his reality check highlighted a crucial economic factor often overlooked by relatives: purchasing power and the steep reality of spending in dollars.

In the viral video, Gill explained that while a $100,000 salary looks very different when converted into Indian rupees, the money spe...