Heard of leverage but don’t know what is leverage? Then let’s understand better through this blog, Financial leverage is a strategy used by businesses to finance their investments and expansion efforts. By borrowing funds, companies can increase their potential returns on investment. This approach allows businesses to use external capital to grow operations, purchase assets, … Understanding Financial Leverage: A Comprehensive Guide
Aisha: Mansi, I’ve been hearing a lot about annuities lately, but I’m still not sure if they’re right for me. Can you shed some light on them? Mansi: Of course, Aisha. Annuities are essentially insurance products that provide a steady income stream, typically for retirement. You pay a lump sum or make periodic payments, and … What are Annuities & How They Work
Managing your money properly is important if you want to be safe and successful with your money. Still, a lot of people fall into old habits that can stop their money from growing. Here are the biggest money mistakes you should not make in 2024. This will help you keep your finances in good shape. … Financial Mistakes to Avoid: Secure Your Future by Avoiding These
Mansi, a 30-year-old graphic designer, hasn’t started her retirement planning yet. After using Lxme’s eye-opening Retirement Calculator, she realized she needs a whooping 8.84 crores when she retires! She immediately starts an SIP of Rs, 15,922. She recommends the calculator to her 25-year-old sister who needs the same amount at the time of retirement but … Retirement Planning: How to Plan for a Retirement
Welcome to our insightful guide on financial planning for women in India! At Lxme, we recognize the unique financial journey of women and provide a simplified approach to help you navigate through it. Discover empowering insights and expert advice on effective financial planning and investments tailored specifically for women. Let’s embark on this journey together … A Simplified Guide To Financial Planning for Women In India
Traditionally for many women, saving & investing often starts with fixed deposits (FDs), known for their safety, stability, and fixed returns. However, now women are looking for newer options where they can get better returns, and one of them is corporate fixed deposits as they offer higher interest as compared to bank FDs but they … Best Corporate Fixed Deposits To Invest
Women need to save and invest more than men do because of things like longer life expectancy, pay gaps between men and women, and taking time off to care for family members. These money-saving tips and different savings schemes for women can help women become financially independent, build wealth, and prepare for emergencies. These make … Best Saving Schemes for Women in India
Anita: Hey Siya, yesterday you were talking about some ratios with your husband, what was that? Siya: Oh yes, I was talking about the financial ratios we should know in order to manage our money Anita: What is it? Can you explain me? Siya: They’re simple calculations that show things like how much you’ve saved, … 7 Types of Financial Ratios to Assess Your Personal Finance
We have a number of needs in our everyday lives for which we may require financial help. For women, this can mean anything like setting up a business, renovating a house, etc. So, learning about loans is also as important in order to make an informed decision. So, let’s learn about loans, best loan app … Choosing the Best Platform for Personal Loans: A Comprehensive Guide to Lxme
Are you wondering how to manage debt effectively and take control of your financial journey? You’re in the right place! In this comprehensive guide, we’ll walk you through 7 essential tips on debt management skills with confidence and achieve your financial goals. Whether you’re dealing with student loans, mortgages, or personal loans, these practical strategies will help … Effective Strategies: How to Manage Loans Wisely
