Lxme’s Emergency Fund Savings Challenge-5K
Smart Money September 6, 2024
Siddhi Sharma
Money Coach, Lxme } NISM Certified
Exciting news for all the Lxme Members!!
We heard you loud and clear—saving money should be simple and fun! 🎉 After hearing how much you loved our savings challenges, we’re thrilled to announce the launch of a brand new feature on the Lxme App that makes saving not just easy, but super fun! 💃💃
Introducing the Lxme Emergency Fund Savings Challenge-5k! It is a 21 days challenge which is your chance to reinvent yourself and start building your emergency fund, one step and one saving at a time. Save ₹5,000 in just 21 days, and watch your emergency fund grow with each passing day. Join the challenge today saving is just a click away!
Kyunki Emergency Ghanti Bajake Nahi Ati
How to participate in the Emergency Savings Challenge?
Step 1: Open the Lxme app daily and scroll down on the home page. Just below the Live Sessions & Calculators, you’ll find the “Challenges” section.
Step 2: The saving number for the day will be visible as shown in the below screenshot. Then click on “Save Now” to save the amount for the day.
Step 3: Then the following page will be visible where you can click on “Save Now” to save the amount and you can track your savings daily on the calendar. Also, if you miss saving any of the days then you click on the particular days on the calendar below and save that amount, and recover your streaks.
Step 4: The number will be visible automatically on the investment page, confirm and then click on “Start growing your money”
Step 5: Then it will redirect to the page to confirm all your details click on “Confirm”, enter OTP & verify it, choose the payment option “UPI” or “Net Banking” and make the payment. This is how to save money quickly through this 21 days challenge.
How much will I save through this challenge?
In just 21 days you’ll end up saving ₹5,000! Get, set, save, invest, and watch your emergency fund building📈
Benefits of “Savings Challenge” new feature on the app:
1. Start anytime you want
2. Track and maintain your streaks!
3. Investing is now a click away
4. Get a Savings Challenge Certificate
5. Kickstart your Emergency Fund Journey
6. 100% Digital
What do you need to participate?
FREE Lxme Account:
All you need is a FREE Lxme account. If you already have then awesome!
If not, watch the video to know how you can open your Lxme account. Click here!
Need support with account opening? Comment “Need Assistance” on this blog and we will help you.
Where do I have to save money?
You can save your money in Lxme Emergency Fund.
What is the Lxme Emergency Fund?
Lxme’s Emergency Fund is curated specifically for women, offering a smarter and a tax-efficient way to save for emergencies. It’s a better way to build an emergency fund as compared to putting money in traditional savings A/c and fixed deposits, allowing women to grow their money while being prepared for unexpected situations.
Features of Lxme Emergency Fund:
- Lxme’s Emergency Fund consists of a well-researched, expert-curated Arbitrage Mutual Fund
- Arbitrage Funds profit from the price differences between securities in different markets.
- Low-Risk Fund
- Best suited for building your Emergency Fund
- 3 years CAGR: 6.23%* (As of 1st August 2024)
- Curated by experts!
*Mutual funds investments are subject to market risks, read all scheme-related documents carefully. These returns are based on past fund performance and do not indicate future performance growth.
For any assistance required, comment “Need Assistance” on this blog.
Steps to invest in Lxme Emergency Fund:
Note: It will take 3-4 working days to reflect your investments on the Lxme App.
When we save as a community, we do it better! Let’s level up together with Lxme’s Emergency Fund Savings Challenge-3k and take one step forward to our financial freedom! This is how to save money fast through this challenge & grow your money.
Let’s Create Emergency Fund
Kyunki Emergency Ghanti Bajake Nahi Ati!
#InvestForYourself #HarLadkiBanegiLxme
FAQ
I have downloaded the Lxme app today, can I participate in the challenge?
Yes, you can start with savings challenge whenever you want, that is the unique of feature of the savings challenge on the app.
I have missed saving for 2-3 days, how to save for that day & recover my streak?
If you have missed to save for certain days, then you can click on the missed days on the calendar and save the amount, this way you can save the missed amount and recover your streak.
Please note, The Lxme Dream Card services has been discontinued from 30th November, 2024 to make way for something very exciting!
Sorry for the inconvenience caused and stay tuned for something really special!
New Investor? Request a Callback.
Fill in your details and we will guide you at every step
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