dailyO

Burn

Akshata Kamath
Akshata KamathNov 14, 2022 | 15:41
Taylor Swift, Adele and Bruce Springsteen concerts are all getting super expensive

Fans are spending a lot more for concerts in the US thanks to a higher base price, higher fees levied by the show's promoters, and a new dynamic pricing model that is binding your cost to the time you book your ticket.

...Full Story

Akshata Kamath
Akshata KamathNov 08, 2022 | 09:00
What percentage of your income should go to mortgage?

Though your mortgage costs will depend on your income levels, circumstances, financial goals, and current debts, the general rule is that you should not spend more than 25-28% of your income on your mortgage, and your mortgage should not be more than 36% of your debt.

...Full Story

Akshata Kamath
Akshata KamathNov 07, 2022 | 17:13
Saving money or paying off your debt, what is more important?

You need to have an emergency savings fund to take care of random expenses that pop out of the thin air. Once that is taken care of, pay off your debts because otherwise they eat away your income and delay your process of becoming debt free and your ability to be wealthy.

...Full Story

Akshata Kamath
Akshata KamathNov 04, 2022 | 08:30
How the US Fed interest rate hikes trigger global interest hikes, housing market collapses and recession

After hiking interest rates multiple times in 2022 to control inflation, the US Federal Reserve ordered another massive interest rate hike and brought interest rates to 4%. This will further influence the stock market, the housing market, and the job markets, bring a recession, and even lead the Indian and UK central banks to raise their interest rates.

...Full Story

Akshata Kamath
Akshata KamathNov 02, 2022 | 09:00
Awkward money conversations you must have when dating someone

Talking about money when you are dating can get awkward and tense. But when you try to understand the fears and reasons behind your partner's behaviours, actions, and beliefs, especially their values, their goals, and future plans with playful and inquisitive conversations, being financially well-off as a couple is a real and achievable goal.

...Full Story

Akshata Kamath
Akshata KamathOct 28, 2022 | 15:38
From scandals to corporate restructuring, how Credit Suisse fell from the Swiss Alps

In the last few months, Credit Suisse, one of Europe's largest banks, has dragged itself from the Swiss Alps to the ground. A string of scandals and bad investments, a rise in credit default swap prices, horrible financial results, and a shocking restructuring announcement have led to the unprecedented fall of its stock prices.

...Full Story

Akshata Kamath
Akshata KamathSep 29, 2022 | 09:30
Indian Railways will charge 15% Busy Season Surcharge from Oct 1. Will you be affected?

Indian Railways will charge a busy season surcharge of 15% on goods that are transported by freight trains. This charge will be levied on all goods except coal, coke fuel, containers and automobiles.

...Full Story

Akshata Kamath
Akshata KamathAug 05, 2022 | 15:05
The IT department loves it when you win a lottery or when you win on KBC. Here's why

Every time you win a lottery, you have to pay a flat tax of at least 31.2%. That's easy money for the IT department, don't you think?

...Full Story

Akshata Kamath
Akshata KamathAug 02, 2022 | 17:43
6 red flags that show you are in a financially abusive relationship

When couples use money as a tool to control their partner's behaviour or keep over-monitoring or criticising their financial needs, it's a heads-up that the relationship is heading towards becoming a financially toxic one.

...Full Story

Please log in
I agree with DailyO's privacy policy