Moving to USA from India: Complete Financial Guide

Moving from India to the USA is a life-changing decision. Here's how to manage your money during this transition.

Before You Move: Financial Prep

• Emergency fund: 6 months of US expenses ($15,000-25,000)
• First month costs: Deposit, rent, furniture, groceries
• Credit building: You'll start with no US credit history
• Indian accounts: Keep them for NRI purposes

Typical Monthly Expenses in USA

Varies by city, but expect:

• Rent: $1,500-3,500 (metros higher)
• Utilities: $150-250
• Groceries: $400-600 for two
• Health insurance: Often through employer
• Car/transport: $300-600 (car payment, insurance, gas)

Using Secondary Currency

With Pocket Clear, set:

• Primary: USD (where you live)
• Secondary: INR (what you understand)

See every expense in both currencies instantly. $100 grocery run ≈ ₹8,300. Makes the spending feel real.

Common Financial Mistakes to Avoid

1. Overspending on a nice apartment immediately
2. Buying a car before you need one
3. Not building US credit from day one
4. Ignoring retirement accounts (401k match is free money)

Sending Money Home

Compare services like:

• Wise (TransferWise)
• Remitly
• Bank wire (usually worst rates)

Track remittances as a category in Pocket Clear.