How to Get a Personal Loan with a Low CIBIL Score
While applying for any kind of loan, credit score is the most important factor checked by lenders. Besides, applying for a personal loan with low credit score is not a good option as it might cost you higher interest rates which means you’ll spend more money paying back the loan. So, what should you do? […]
How to Retire at 50? – A Comprehensive Plan
Retirement Planning is one of the crucial aspects of financial planning that everyone needs to consider. It will help you take care of your post-retirement days and to lead a stress-free life. As per the Women and Money Power 2022 survey, only 2 out of 100 women save for their retirement. That’s why especially for women, […]
How should you analyse the Mutual Fund?
What are mutual funds? A Mutual Fund pools money from various investors and puts these funds into different assets such as equity, debt, gold, etc., depending on the specific scheme chosen by the investor. It is professionally managed and monitored by a fund manager whose goal is to generate returns for the investors. Example – […]
Choosing Wisely: Debt Mutual Funds vs Fixed Deposits Explained
Embark on a financial journey to clarity as we demystify the choice between debt mutual funds and fixed deposits. At LXME, we unravel the nuances in our latest blog – ‘Debt Mutual Funds vs Fixed Deposits: Where You Should Invest.’ Discover the key factors guiding your investment decisions in this insightful exploration. Let’s navigate the […]
ELSS vs PPF: Choosing the Best Investment for Tax Savings
When it comes to tax-saving investments, understanding the choices is key. In this comprehensive guide, we delve into the world of “ELSS vs PPF,” helping you make well-informed financial decisions. Equity Linked Savings Schemes (ELSS) and Public Provident Fund (PPF) are both popular options, but which one suits your needs better? Join us as we […]
Investment Options to Beat Inflation Rate in India
We hear complaints of ‘mehngai’ (expensiveness) around us daily. As prices rise, our savings get smaller, our cost of living increases, and we can purchase less with the same amount of money! We can see its impact in our everyday lives. This is why it is very important for women to keep track of their […]
Things to Check before Investing in a Mutual Fund
We know that Mutual funds are one of the smart ways to invest and grow your money. You all have heard of “Mutual Funds Sahi Hai” However, how to choose the best-suited mutual fund? Or Apna Sahi Mutual Fund? Let’s understand through this blog! As we are talking about mutual funds, some questions might be […]
How to Stay Safe from Personal Loan Scams and Frauds?
We have a number of needs in our everyday lives for which we may require financial help. For women, this can mean anything from paying for their child’s education to meeting an emergency healthcare expense. A Personal Loan is a common tool used to meet these unplanned/emergency needs, but unfortunately, as personal loans have become […]
SIP Vs Lumpsum: Which Method is better for Women?
When dealing with mutual funds, one of the most common confusion that arises is ‘How to invest in Mutual Funds?’ Systematic Investment Plan (SIP) or Lump Sum are the two ways you can invest via MFs. This blog is designed to explain to you the difference between the two options and which method is most […]
Mutual Fund Vs. Stock: Where should you invest?
As a woman, making an informed decision on where to invest your money begins with understanding your options, goals and only then, putting forward your hard-earned money. A common confusion is: What’s the difference between the mutual fund and share market? And should you put your money into mutual funds or into stocks? Don’t worry, […]