Siddhi Sharma, CFP®

Money Coach, Lxme } NISM Certified

What is Endowment Insurance Policy, Its Meaning and Types?

what is the meaning of endownment plan, its type and how to invest in it?

Let’s begin with the endowment plan meaning. An endowment plan is a type of life insurance policy that also includes a savings component. In simple terms: So, the endowment plan meaning lies in its dual nature — a mix of insurance and saving. However, at Lxme, we believe that insurance and investment should ideally be What is Endowment Insurance Policy, Its Meaning and Types?

5 Ideas on What to Buy with First Salary

What smart you should made from your first salary?

At Lxme, we’re all about helping women take control of their money, confidently. And what better moment to start than with your very first salary? Here are 5 smart purchases from your first pay check—choices that mix excitement with intention. If you’re thinking “what to buy with first salary” or looking for first salary spending 5 Ideas on What to Buy with First Salary

Women’s Financial Emergency Kit: Your Power Plan in these Uncertain Times

How to plan your finance in these uncertain times by women`s financial emergency kit

With recent global conflicts, it is not just personal security that needs attention; equally, your finances. Personal financial readiness is very important. Unfortunately, many women who seem to play multiple roles tend to neglect this area. A financial emergency kit is not a luxury but a necessity. This guide is to build a women’s financial Women’s Financial Emergency Kit: Your Power Plan in these Uncertain Times

Mahila Samriddhi Yojana Benefits and How Women Can Easily Apply

What is mahila sariddhi yojna and what are its benefits?

We see them everywhere: women shattering glass ceilings and taking the lead in every industry. Sometimes, all it takes is a little nudge to make their dreams into a reality. The Mahila Samriddhi Yojana (MSY) project, launched by the National Backward Classes Finance and Development Corporation (NBCFDC), focuses on women, particularly those from poor backgrounds, Mahila Samriddhi Yojana Benefits and How Women Can Easily Apply

5 Mistakes to Avoid When Using the Debt Snowball Method

Mistakes to be avoid while using debt snowball method

Let’s be honest — debt feels heavy. And if you’re someone who juggles EMIs, credit card bills, and random unexpected expenses, you know exactly what I mean. It’s more than just money — it’s that constant stress, the guilt after a non-essential purchase, the anxiety before bedtime. That’s where the debt snowball method comes in. 5 Mistakes to Avoid When Using the Debt Snowball Method

What Is a Sinking Fund and How Do You Create One?

What is sinking fund and how it was created?

Anu: “The holiday season’s here—flights, gifts, decorations… I’m already ₹20,000 down!” Tanya: “That’s why I’ve got a sinking fund. I saved for things like this ahead of time.” Anu: “Wait—what’s a sinking fund? Tell me everything!” Let’s decode it. What Is a Sinking Fund? Sinking fund is the money you save over time for a What Is a Sinking Fund and How Do You Create One?

Easy Tips for Salaried Employees to Reduce Their Taxes

Tips to reduced tax for salaried employees

Whether you’re saving for a solo trip, building your emergency fund, or investing in your child’s education, smart tax planning tips for salaried employees can help you keep more of your money. Let’s break it down in simple terms  What is Tax Planning? Tax planning means organising your income, savings, and expenses smartly so you Easy Tips for Salaried Employees to Reduce Their Taxes

5 Post Office Schemes for Women and their Benefits

Best Post office scheme for women and their benefits

In our Lxme community, we often get questions from women like: Where should I save my money where it will be safe & offer guaranteed returns? For all those ladies this blog is for you. The Indian Post Office offers a variety of post office savings schemes designed to help women build wealth securely and 5 Post Office Schemes for Women and their Benefits

Understanding the Difference Between Mediclaim and Health Insurance

How mediclaim is different from health insurance?

Insurance terms like “mediclaim” and “health insurance” may seem similar, but they offer different levels of coverage. Knowing their differences can help you choose the best plan for your healthcare needs. What is Mediclaim? Mediclaim is a basic health insurance policy that covers hospitalization expenses due to illness or accidents. It provides either a cashless Understanding the Difference Between Mediclaim and Health Insurance

PM Internship Scheme 2025: Eligibility, Benefits, and How to Apply?

What is PM internship scheme 2025? How to Apply for it?

As our children step into their career paths, real-world exposure is just as essential as academic excellence. The Prime Minister Internship Scheme is a golden opportunity for students to gain practical experience which is offered by the government. Whether you’re a parent searching for the right push for your child or a student hoping to PM Internship Scheme 2025: Eligibility, Benefits, and How to Apply?