Empower yourself with
Why Investing Today Means ‘Future You’ Will Thank You
Investing is essential to achieve your goals. It is the only way to make your future better. Dreaming of buying a car in the next 2 years or a house in the next 5 years? Wanting to have your dream wedding or starting that side hustle? Dreaming of your business or your retirement? We often […]
Uncategorized November 9, 2022
Streedhan: A Woman’s Right￼
Traditionally in India, women get various types of gifts from their parents during their wedding or before marriage which evidently becomes their husband’s property too after marriage. However, what do you think, do your husband or in-laws have the right over the gifts and belongings you receive during your lifetime? The answer is NO! Ladies! […]
Uncategorized November 3, 2022
8 Reasons To Apply for a Personal Loan From Us
It’s important to consider your financial situation before taking out a loan, but sometimes a personal loan is the best way to finance a large purchase or project that you can’t afford up front. Here are the top eight reasons to get a personal loan. 1. Home remodelling: Homeowners can use a personal loan to upgrade […]
Uncategorized October 27, 2022
How to Apply for a Personal Loan for Medical Emergency?
Medical emergencies never come with a warning sign, and one cannot be prepared enough for a crisis. Medical Insurance policies cover expenses to a certain extent, but a personal loan gives you immediate cash to keep handy. These loans are widely available, and thanks to technological advances, you can apply for one from the comfort […]
Uncategorized October 25, 2022
4 Effective ways to utilize excess cash
In India, during festivals, we receive lots of gifts, cash, and bonuses. And we as women and girls receive lots of cash during Raksha Bandhan and Bhai Dooj from our brothers and we end up spending that cash on shopping or buying any particular luxury. Don’t we girls? So, now a question might pop up […]
Uncategorized October 21, 2022
How to get an Instant Personal Loan for Home Renovation?
Festivals in India are times when people look for ways to bring positive energy into their homes. With Diwali approaching, many people have already begun with their Pre-Diwali home cleaning, renovation & decor buying. Do you want to renovate your home before the holidays, but a shortage of funds is stopping you? The good news […]
Uncategorized October 17, 2022
How To Boost Your Chances of Instant Loan Approval?
A personal loan can help one quickly turn their dreams into reality. It also improves people’s lives. Thanks to easy-to-use financial platforms, personal loans are now available with just a few clicks. Here are the steps to increase your chances of getting an instant loan approval: Check your credit score- Your credit score measures your […]
How Can Instant Personal Loan Help Your Urgent Festive Needs?
A personal loan is one that does not require any type of collateral or security. It is an excellent way to get through a short-term cash crunch and easily handle any emergency needs. The festive season is on. It is the perfect time to start new endeavours & make investments. The financial pressure to make […]
Smart Money October 5, 2022
10 Demons To Kill This Dussehra
Dusshera is one of the major Hindu festivals that also symbolizes the end of Navratri. The festival is celebrated as the victory of Lord Rama over Ravana. It also marks the triumph of Goddess Durga over the demon Mahishasura. So this festival symbolizes killing demons or destroying negative and bad habits we have in our […]
Smart Money September 27, 2022
Hacks to plan for a budget-friendly vacation!￼
In today’s world, everyone’s life is full of adventure, so there needs to be some relaxation along with fun in life. So, in order to release all day-to-day stress, one needs a break from their daily routine to refresh our mind. One such time is when Raj and Simran decided they needed a break from […]
Uncategorized September 13, 2022
All about Retirement Planning!
Sakshi and Manali are two best friends who started their professional journey at the age of 23. Sakshi is MBA in Finance and Manali is an Engineer. Sakshi was aware of the fact that Retirement Planning should begin as and when you start earning whereas Manali was unaware of the same. Manali: Why are you […]
Smart Money September 6, 2022
How To Invest & Build In Emergency Funds
Radhika: I am facing financial stress as there is a sudden unfortunate medical emergency. Apurva: Didn’t you have any emergency funds for such a crisis? Radhika: No! What do you mean by the emergency fund? You know what, I had to dig out money from my long-term investments. I am worried about how to tackle […]
Smart Money August 30, 2022
What Is Credit Score & How To Improve It￼
Drishti, Senior Engineer, had applied for a home loan but her application got rejected due to low credit score. At the same time, her colleague Ritu also applied for a home loan, and her application was approved and the loan was sanctioned as she had a good credit score. Drishti was curious to know about […]
Uncategorized August 23, 2022
Sovereign Gold Bond
When you hear the word ‘bond’, what comes to your mind? Sean Connery the best bond! Although, the savings bond is not much bad either; with de-materialization coming in. We often find ourselves in the “ Lendee” position, the one needing to borrow money. But how would you like to be the Lender to the […]
Smart Money August 16, 2022
2 Lies and a Truth: Money Management
1. I am still young, I can think of retirement later. It’s a lie, Ideally, everyone should start their retirement planning as and when they start earning, this enables them to make a good amount of corpus till their retirement. Retirement planning has become an essential part of financial planning. Why retirement planning has become […]
Smart Money August 9, 2022
A Simplified Guide To Financial Planning & Investment For Women
Since ages, we have seen that financial planning is one the powerful tool for surviving in this inflation-bearing world and fulfill all life goals. The way everyone has basic needs such as food, clothing, shelter, and education same way financial planning should be added to our basic needs. Always remember, it’s a life skill! We […]
Smart Money August 2, 2022
A Beginner’s Guide To Investing In IPO￼
Meet Apurva! She came across the word IPO when everyone around her was talking about LIC’s IPO. She is new to the concept and wants to know how to invest in IPO. So, let’s learn about IPO with Apurva. Since, the last 3-4 years everyone around has been very fascinated by equity markets, as it […]
Smart Money July 30, 2022
5 Weighty Questions to Ask Yourself before Starting a Family
Starting a family is exciting and is a very important decision for a woman. Babies change everything and you may or may not be ready for such a drastic change. So it becomes necessary to plan ahead and ask yourself some very tough questions before you start a family. Starting a family is an important […]
10 purposeful things to do while on a career break
Many women go through a career break for a number of reasons. It can be to support their partner by moving locations or to take care of their little ones. A career break is just a pause button that can be restarted whenever you feel you’re ready. However, the time in-between and during this break […]
EPF Advance- Should you withdraw from your PF account?
Retirement fund body Employees’ Provident Fund Organisation (EPFO) has allowed its members to avail the second Covid-19 advance given the second wave of coronavirus in the country. EPFO has allowed its subscribers to withdraw non-refundable advances in certain cases like illness and buying a house, among others. Now, individuals can withdraw money from their PF account, […]
5 women, 5 stories and 5 startups!
You’d think that women who start and lead companies are probably bred differently. But the truth is that they aren’t any different from any of us. They have had their fair share of challenges, defeats and inhibitions, yet they stood up and started some of the very best and renowned startup companies that are worth […]
What if you got paid for every cup of coffee you made? Would you invest your earnings?
How often and for how long have you been making a cup of coffee? Months, years, or probably decades? Now, imagine if you got paid for every cup of coffee you made. If a simple cup of coffee was chargeable and you were able to earn an income from it, would you go ahead and […]
7 Tips to manage your loans
Everyone takes a loan at least once in their life to fulfill their dreams or needs. It might be a car loan, home loan, or just about any other loan that satisfies your financial needs at a particular point in time, like your credit card. But, if you have watched the movie ‘Confessions of a […]
3 new things on LXME 2.0, just for you. UPDATE App NOW!
Want to take control of your personal finances and grow your money, but don’t know how? 😥 Don’t worry, LXME is at your rescue! Update your LXME App! LXME was born out of a deep desire to see every single woman take charge of her money, make her financial decisions, confidently & independently and to […]
Process for KYC registration and Account Opening on the LXME App
Since the year 2004, KYC guidelines have been put in place by the Reserve Bank of India. The Prevention of Money Laundering Act requires banks, financial institutions, and intermediaries to ensure that they follow certain minimum standards of KYC to verify both the identity and address of all customers who are to carry out any […]
This Diwali, Invest in Gold Smartly!
Traditionally, women love to buy gold on the occasion of Dhanteras or Diwali. Till now, you might be investing in gold physically but not this Diwali!! Let’s invest smartly this Diwali!! Gold may not be a great builder of wealth but its ability to maintain value over centuries makes it remarkable. But does this mean […]
Investing in real estate is now more accessible! Here’s how.
Owning a land/property may be one of the goals for many investors but not everyone will have a huge sum of money to invest in real estate in a traditional way. This is where REITs and InvITs come into play: These are similar to Mutual funds as they pool in money from various investors and […]
Which Mutual Fund is best suited for you – Regular or Direct Mutual Fund?
So what’s the buzz around Direct and Regular Mutual Funds? If you’re an investor or are thinking about investing in mutual funds, we bet you’ve been subjected to an overload of welcomed or unwelcomed, legit or unsolicited advice on direct and regular mutual funds. So what’s going on? Let’s understand this better You’d think that […]
A diversified portfolio is the KEY to right Financial Planning! Read more
Most of us are familiar with asset allocation even if we don’t recognize the term. For example, have you ever noticed that street vendors often sell seemingly unrelated products – such as umbrellas and sunglasses? Initially, that may seem odd. After all, when would a person buy both items at the same time? Probably never […]
12 things to know before getting a home loan
Owning a home in India is as much a personal achievement as it is a practical buy. For most of us, purchasing our first home highlights our financial independence and serves as the foundation for future goals. With the prices of houses being sky-high, most home buyers need to take a loan to fund their […]
Portfolio Management Service #NewbieInvestor
Are you a newbie to the world of financial management and want answers to the basic questions on Portfolio Management Service? Here you go! What is Portfolio Management Service (PMS)? A PMS is essentially provided by licensed stockbroking companies where money managers of PMS, that are experts in the stock market, offer services to their […]
Portfolio Management Service #AdvancedInvestor
If you have read the first two blogs from our PMS series, you know almost everything about it already. If you still want to learn more, check this out! What are the parameters to evaluate PMS? – Portfolio Manager’s experience – Portfolio Manager’s Fee – Portfolio Manager’s Customer Base – Portfolio Manager’s Investment Strategy – […]
Portfolio Management Service #IntermediaryInvestor
We’re sure you must be aware of the fundamentals of PMS by now, but do you know enough to start investing in the same? Not sure? Here’s what you need to know! What are the benefits of PMS investing? – Advantage of equities as an asset class – Solutions customized to the needs of HNIs […]
Smart Money July 27, 2022
How to Build Long-Term Wealth
Presently, the tendency of younger people who have just embarked on their professional journey is to spend money and enjoy their lives, fulfilling their desires with their own money as they become financially independent. However, this leads to exhaustion of your money and no buffer for your future life goals. With the increasing rate of […]
Money Challenges & Hacks To Watch Out For
The season’s changing but it’s still raining money here at LXME. We have an exciting lineup of money challenges coming your way in September. Read to find out more about this: My 66K Challenge What if we told you that by *Dec 31, 2021, you will have Rs.66795 in your “ME bank a/c” (normal saving […]
Smart Money July 20, 2022
Plan for your Child’s Education smartly
Moms are their child’s biggest cheerleaders. According to the LXME Women & Money Power Report 2022, 75% of moms are highly involved in their child’s education And 1/4th of their income is spent on education fees. But moms, did you know that on average, education costs rise at a rate of 8-10% per annum every […]
Smart Money July 19, 2022
How To Set A Monthly Budget & Manage Expenses?
Meet Pooja! Pooja is a young professional and she has just joined a multinational firm as a software engineer. Once we were in conversation about our savings. Both of us are very ambitious for our careers. But Pooja is worried as she cannot save much from her salary. But it’s important girls!! Mansi: Pooja, […]
Smart Money July 16, 2022
Welcome to LXME! Here is how you can use the LXME App. Read to know more
“Financial freedom is available to those who learn about it and work for it”- Rober Kiyosaki Hey! Welcome to the all-new LXME app😁Let’s get to know it a little better. Watch this video So what is LXME? Did you know that only 33% of women make independent financial decisions? Perhaps women shy away from talking […]
National Pension Scheme #NewbieInvestor
Are you a Newbie in the financial world and want answers to the basic Qs on National Pension Scheme? Here you go! What is NPS? National Pension Scheme (NPS) is a pension cum investment scheme launched by the Government of India to provide security at the time of retirement to Citizens of India. It brings […]
Portfolio Management Service #IntermediaryInvestor
We’re sure you must be aware of the fundamentals of PMS by now, but do you know enough to start investing in the same? Not sure? Here’s what you need to know! What are the benefits of PMS investing? – Advantage of equities as an asset class – Solutions customized to the needs of HNIs […]
National Pension Scheme #AdvancedInvestor
Now that you know what is NPS & how to invest, let’s deep dive into how to manage it, evaluate its performance & how to ensure it brings the right balance to your entire portfolio. What asset classes are available for investments under NPS? The asset classes are the same for both NPS Tier 1 […]
This Diwali, Be Your Own LXME! Read more
“We’ll never solve the feminization of power until we solve the masculinity of wealth,” said Gloria Steinem.And we believe she’s right! Only 33% of women in India today make independent financial decisions (DSP Winvestor Pulse 2019). As women, we have been programmed to believe that money somehow isn’t our concern, it’s a man’s job to […]
Smart Money July 15, 2022
About 50% of mother’s key goal for investment is Child’s Education
Moms! Never cease to surprise us. They work so hard to ensure their kids get the best of everything, especially education. So LXME brings you the easiest route to plan for your child’s education – Try our newly launched calculator that shows you how much you would need for your child’s education and invest in […]
Smart Money July 14, 2022
Open your LXME Account and enjoy rewards up to Rs. 10,000 on your favourite brands! Read more
Here’s a small step towards big rewards. Enjoy this firecracker of an offer, ladies! Open your LXME Account and save up to Rs.10,000 on your favourite brands! Now you must be wondering opening an account would be a tedious task, well it’s not! LXME has simplified the account opening process for you, it’ll only take […]
Here is why you can trust LXME with your conversations and your MONEY! Read More
Welcome to LXME, India’s 1st NeoBank in the making exclusively for women, offering savings, lending and investment services to enable women to be financially independent. LXME is spearheaded by MD & Founder, Priti Rathi Gupta, Co-founder & CEO, Jasmin B Gupta and Co-founder & COO, Ridhi Doongursee. The LXME App is a safe place for […]
New Product Launch- The Rs.100 Equity & Debt Funds. Read more
We are so excited to launch the Sutli Bombs of Investment- The Rs.100 Equity & Debt Funds! Now you can start with just Rs. 100 SIP in well researched equity and debt mutual funds targeting up to 15% returns! Time to let go of your inhibitions and start something wonderful! While the Equity Fund is […]
Step into the Money World!
Tell us dear Dreamer! What are you dreaming about? Fancy houses, sunny vacations, retirement at 45? Well, my friend, take these dreams and turn them into money goals! So that we can get your financial plan up and running! “Back in the day, I bought a house and raised a family with a salary of […]
Your new Money Moves!
Hey New girl, firstly, kudos on savings! You’ve started your journey of being financially prudent!! But is saving your money enough? “Back in the day, I bought a house and raised a family with a salary of just Rs. 25,000”. “Rs. 100 would get me a full week’s groceries.” Year on year, the prices of […]
Onto your Money Quest!
Woah Seeker, you surprised us! You know your financial instruments and you’ve got your game face on. The fact that you’re investing your money is pretty killer but is it beating inflation? Year on year, the prices of goods and services rise, decreasing the purchasing value of our money. And to add to it, our […]
Smart Money July 13, 2022
Mastering your finances!
OMG! To be in the presence of you, you badass woman. We’re in awe! Truly! *raising our glasses*. You’re pretty much the financial feminist we speak about so kudos! But Dear Advanced, there’s always room for improvement… You know that right ;). So while you’re doing a fabulous job investing your money, make sure your […]
Why every mom MUST invest for their child’s dreams and goals?
From the moment you become a mother, your purpose has always been to give the best to your child. It’s the same with education! LXME is here to help you plan for your child’s education, the easy way. Try our brand new Child Education Calculator and invest for your child’s dreams in our expert-curated Mutual […]
Refer & Win an iPhone XR amongst other rewards!
Doesn’t this sound tempting! Can’t wait to get your girlfriends on board! This is how you can refer them. Tis’ the season to shop, indulge and spoil your loved ones!What are you waiting for? Start referring and win big! *T&C Apply*Winners will be selected as per minimum criteria on a lucky draw basis and will […]
Smart Career Smart Lifestyle Smart Money
LXME’s 2021 Year in review!
2021! What a year it was, one hell of a rollercoaster with lots of ups and a few downs. With the support of our LXMEs, we’ve been able to accomplish so many things. Let’s take a sweet ride down memory lane and relive some of our greatest achievements this year… → Empowered 80k women in […]
The Task 2 has officially commenced.
Instructions to complete this task: 1. Click on your profile picture on the LXME app 2. Click on MY MONEY JOURNEY tab. 3. Complete the quiz & take a screenshot of your result. 4. Share it in the comment section of the Task 2 post on the LXME Facebook Community. This task will conclude on […]
The Savings and Investment Challenge!
Hey Lovely Ladies! Last year was all about My 66K Challenge where you learnt how to save your money. This year, it’s time to level up!We bring to you ‘The Savings and Investment Challenge’! Don’t just SAVE your money but GROW it instead to achieve your Financial Goals. 3 things you need to participate in […]
The easiest way to save taxes & grow your wealth!
Do you also struggle while saving tax? Don’t just save taxes; be smart and create wealth as well. But, are you wondering how you would save taxes and also create wealth? Let’s talk about how smartly you can step out of this struggle. When tax filing season approaches, you look for different ways to save […]
Smart Money July 12, 2022
National Pension Scheme
What is the NPS (National Pension Scheme)? National Pension Scheme (NPS) is a pension cum investment scheme launched by the Government of India to provide security at the time of retirement to Citizens of India. It is an attractive long-term saving avenue to effectively plan your retirement through investing in different asset classes available under […]
Weekend on a Budget: Be Your Own Masterchef
This weekend, take a leaf out of the world’s favourite cooking show and unwind without spending through your noses. When the long-awaited weekend finally rolls in, we’re sure you are ready to put up your feet and unwind at the end of a hard week. Expenses-wise, this is the riskiest time of the week – […]
Smart Money July 8, 2022
How to use the LXME App?
Do you know how to use the LXME App? Thinking about what all things you can do on the app? 💭 If you’ve answered yes, tune in to our session’s recording & hear about How to use the LXME app and get to know all its features. Click on this link to watch the session: […]
LXME’s Child Education Plan
Support your child’s dream no matter how big it is. Our latest Child Education Portfolio gives you the opportunity to plan for your child’s education effortlessly. Apart from this, we also have a Child Education Calculator for you to evaluate the cost for planning.
Smart Money June 24, 2022
The Big Bold Budget 2021 – What We Love About It!
Finance Minister Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament on 1st February 2021, which is the first budget of this new decade and also a digital one, in the backdrop of the unprecedented COVID-19 crisis. In a growth-constrained world, the finance minister has gone down the path of putting in place the building […]
The Right Card for You: Debit or Credit?
Have you ever been confused about the difference between a credit and a debit card? It’s easy to see why. Debit cards and credit cards are accepted at many of the same places, they both offer convenience, and eliminate the need to carry cash. Credit cards and debit cards typically even look almost identical, with 16-digit card numbers, expiration dates, and […]
Smart Money June 23, 2022
7 Questions to Ask Yourself Before Getting a Credit Card
You’re likely constantly inundated with credit card offers. You may even receive several in the mail every single day. A credit card is a bit like a sharp knife — it’s a very handy tool, but it’s capable of inflicting horrendous damage if used improperly. The same advice applies to both of them — choose […]
Smart Money June 20, 2022
Girls got Goals!
DYK it takes 1,400 hours on an average to select the best-suited Mutual Fund plan? Our team of experts have done just that with each and every LXME portfolio so you can simply focus on growing your money! 1. Well-researched 2. Balanced to beat inflation 3. Diversified to ensure you’re not putting all your eggs in one basket 4. […]
A Beginner’s Guide to Understanding SIP
Meet Mehak! Mehak has just started her investment journey & is getting confused with the terms used in Mutual Funds! She wonders, is SIP the same as a Mutual Fund? Is a Systematic Investment Plan (SIP) a type of Mutual Fund? Eventually, every new investor may have experienced or is still experiencing a level of difficulty […]
Smart Money June 16, 2022
Income Tax Benefits That Every Woman Can Avail
In every sector, women are earning a place for themselves. Many women today have financial freedom and can make the smartest life decisions. They also pay taxes and carry out their responsibilities as taxpayers. The Indian government provides a variety of tax benefits for women, including tax rebate for women and exemptions. It is beneficial since it helps […]
Smart Money May 31, 2022
FIRE: Hack to Retire Early 🙆♀️
Rakhi is 25 years old, and she is stressed that she has to work till 60 and plan for her retirement. But…. Do you know there is no such law or compulsion to work until you are of age 60 or 65? You can retire in your 40s too. Yes, I am not kidding!! How […]
Smart Money May 24, 2022
No Cost EMIs
Ms. Isha is setting up her new house & is short of funds for buying a refrigerator! She came across an electronic store that recommended that she can get a No Cost EMI! But is it the right choice for her? If you’re hunting for a relatable solution, you’re at the right place! To […]
Refer your Bestie and Earn Rewards!🤩
Everything’s better with a friend, it’s even better when you get rewards for being a friend. Now that you’ve embarked on your money journey, we’d like to help your BFFs be financially savvy, too. Introducing LXME’S referral program, an exclusive program open only for selected people, we are honoured that you’re a part of it. […]
Smart Money May 17, 2022
Buy Now, Pay Later
Tia wants to do online shopping, but she doesn’t have enough money. However….🙈 Tia came across the option called BNPL, which means Buy Now, Pay Later ✨ Sounds interesting, right? Buy things now, without paying full money immediately. What exactly is Buy Now, Pay Later? And how does it work? Let’s discuss this in […]
Smart Money May 14, 2022
Session Recording: AMA on Market Volatility
Worried about Market Volatility? 📈📉📊 Thinking about what you should do with your investments right now? 💭 If you’ve answered yes, tune in to our session’s recording & hear about Market Volatility and what you should do from Priti Rathi Gupta, Founder of LXME. Click on this link to watch the session: Step 1: Click on […]
Smart Career Smart Money May 5, 2022
Will – A simple yet effective Estate Planning
Manisha has accumulated wealth for her family. Manisha passed away and her family was in financial trouble and was scrambling for things as she created wealth but didn’t create a will. We frequently hear, “I’m too young to make a will,” or “I don’t need to make a will.” However, in today’s world, unwelcome problems […]
Smart Lifestyle Smart Money April 26, 2022
Financial Goal Planning
Do you ever feel like you’re sleepwalking through life with no real idea of what you want? Perhaps you know exactly what you want to achieve, but have no idea how to get there. That’s where financial goal planning comes in. We all know that setting goals is important, but we often don’t realize how […]
Smart Money April 19, 2022
5 Hacks to start investing in your ’20s
Want to buy a dream home, go on vacation, or plan for a luxurious retirement? If yes, you need to start investing for your future goals from your early 20s whether you are in college or 1st job. Investing is a simple art if done correctly! Here are 5 hacks to kick start […]
Smart Money April 12, 2022
APY or NPS: Which is better?
Setting money aside for your retirement is an important step. Retirement planning is important because it can help you avoid running out of money in retirement. One can use the LXME Retirement Calculator to determine the amount of money required to save for their own retirement. Besides that, the government has introduced various schemes for […]
Smart Lifestyle Smart Money April 5, 2022
5 Tips to Ace your Financial Plan in 2022-23
Do you have a list of goals and want to achieve them? Do you want to tick off your wish list as well? Right now, you might be thinking about wish lists and vacation plans. However, you end up spending without a plan that your finances suffer once the vacation is over or the wish […]
Smart Money March 29, 2022
HOW TO FILE YOUR INCOME TAX RETURNS?
Have you filed your income tax return yet? If you answered no or are curious to know about it, we’ve got you covered the same in this article. To begin with, there are two ways for filing your income tax returns: online and offline. We’ll guide you how to e–File your returns in this article. […]
Smart Money January 21, 2021
All you need to know about Index Funds
Diversification is a key element of a good investment portfolio. As investors, we try to spread our funds across various asset classes like equity, debt, real estate, gold, etc. Even within each asset class, we try to further diversify to minimize risks. In equity investing, a known method of reducing risks is diversifying your equity portfolio […]
Smart Money January 19, 2021
Decoding Stock Market Indices
If we were to ask you to give us a real-time summary of the traffic situation in your city, how would you possibly do it? You wouldn’t check every road in the city to find the answer, would you? The wiser thing for you to do would be to quickly check a few important roads […]
Smart Money January 15, 2021
Life Insurance or Health Insurance: Which one should I get?
There’s a definite comfort in knowing that even if your health takes an unexpected turn, you and your family have a financial safety net. When money is tight, though, paying for both a life insurance policy and healthcare coverage each month can get tricky. As expenses start to mount, it can be tempting to drop one or the other […]
Smart Money January 7, 2021
All you need to know to get a Good Credit Score!
Kiara, a marketing manager, was surprised to find that her home loan application had been rejected because of a low credit score. When she researched further, she found a lot of mistakes and unwarranted enquiries in the past that had pulled her credit score down. Kiara is not alone in this journey. Many of us […]
Smart Money December 31, 2020
The 4 Money Resolutions You Need for 2021
Maybe you dealt with or are still dealing with a period of unemployment or poor health. Maybe your saving and budgeting priorities have shifted. If you’re hoping to overhaul your finances, or at least revisit them in the new year, here are some options to consider. (Re-)Build Your Emergency Fund Some of us found that […]
Smart Money December 29, 2020
The One Year-End Ritual You Need To Follow – Annual Financial Review
Understanding your good moves, as well as identifying your mistakes, can be a great way to improve the way you manage money going forward. One of the best things you can do for yourself as the year winds down is to perform a financial year-in-review. Performing a financial review is an intentional, comprehensive effort that […]
Smart Money December 23, 2020
How Long Should I Stay Invested?
“Stay invested as long as you can!” is a common phrase you hear today. While that’s good advice, it can be gratifying to earn the returns while you can still enjoy them! No investment is complete without goals for yourself. Invest towards them for a certain period and you would have achieved a dream. Depending […]
Smart Money December 19, 2020
The Ultimate Guide to Tax Planning and Tax Filing for Women
If you are a working professional earning any form of income every month, it is time to usher in the upcoming financial year with a resolution to take charge of your money. To help decode the jargon, we have portioned out the basics in a handy, easy-to-understand guide. Read on and implement these on your own personal finances. Know […]
Smart Money December 15, 2020
Why Should Women Invest in Mutual Funds?
The question has two parts. First, why should women start investing, and second, why mutual funds. Let’s talk about the first part. We are in an age that’s constantly at a war against gender stereotypes and looking for more equality. Having said that, even today, a large number of women are dependent on male family […]
Smart Money December 8, 2020
6 Smart Money Hacks for this Festive Season
Set up the lantern, light up and fill our lives with sweets: it’s that time of the year again. Let’s see how we can manage our money smartly this festive season! Every year, the country is enveloped in a blanket of celebration, laughter, and togetherness that enthusiastic atmosphere. However, the season of lights is also […]
Smart Money November 30, 2020
Inflation: That’s Not All!
The one thing everything money can buy has in common is the constant rise in their prices. But Inflation isn’t just what the government reports. Learn how Inflation really affects you. Year after year prices rise, decreasing the purchasing value of our money, causing budget changes and reminiscences of the good old days a la […]
Smart Money November 23, 2020
Everything you need to know about Income Tax
Still confused about how to calculate your income tax? Worry no more! In this article, we will tell you all that you need to know about Income Tax. Your income tax is levied based on a slab system. Different tax rates have been prescribed for different slabs and these tax rates keep increasing with an […]
Smart Money November 17, 2020
Decoding Taxation in India
It’s that time of the year again! Does the thought of filing your Income Tax Returns send you into panic mode? Don’t worry, it happens to the best of us. Calculating taxes can often get tedious. However, it is not as bad as you think it is. In fact, if you look into this yourself, […]
Smart Money July 21, 2020
Credit cards can be magic cards when used correctly!
Your credit card is like 15% off apparels and accessories. The first time when you meet it promises to be your friend. Until you look closely and realize it’s not. You have been ripped off. The unstoppable scoffing running into your mind “Should have read the fine prints. Should’ve known before getting into this”. The […]
Smart Money July 8, 2020
Discipline of Saving: Making the most of it (read money)
Right at the onset, let me tell you a secret- For you to become financially free and achieve your financial goals, trying smart saving hacks that can increase your money quotient two times over a period of 20 years. These are not big pools of money that you need to save, but small drops that […]
Smart Money July 6, 2020
Mind your money: Spend wisely
In a world where there is temptation at every corner and add to that the ease of online shopping and credit cards, it is hard to be wise about spending. However, the truth is that we cannot begin the journey of saving enough and becoming rich until we tame this elephant! In this section, we […]
Smart Money July 3, 2020
Will the 0.005% Stamp Duty affect YOUR MONEY in MUTUAL FUNDS?
Investor Alert: Beginning 1st July 2020, a stamp duty of 0.005% would be levied on all mutual fund purchase transaction, in accordance with the orders issued by the Government of India. Bottom line: If you invest in mutual funds for overnight or small durations such as few days to few weeks, then yes, you will […]
Smart Money June 6, 2020
No fail ways to Maximise your Earnings
Lady, just by being a woman, chances are that you earn less than a man in the same role as you! This is called the Gender Pay Gap and is a proven statistic. As a country, we rank 108th in the Gender Pay Gap and earn about 20% less than men (Source World Economic Forum- […]
Smart Money April 16, 2020
Why are so many people investing into mutual funds currently?
SIP Inflows touch all time high despite market decline in March 2020 Investments in mutual funds through SIP touched an all-time high of ₹ 8,641 crore in March 2020 as per latest AMFI data. This, despite an over ~30% decline across the broader stock market during the month. Retail investors continued to invest in the […]
Smart Money April 8, 2020
Trying to time your investments? Here are some tips.
If you are focusing all your energy, trying to find that right moment to invest, here is a simple tip- Start investing right now! You don’t need to time the market to grow them. Having financial goals and beginning your investments early, gives you the advantage of staying invested long term instead of waiting and […]
Smart Money April 2, 2020
What are emergency funds and why should everyone have one?
Emergency funds, as the name suggests is your safety net against financial disruption. This disruption could be as a result of a medical emergency or illness, job loss, or any untoward accident which results in loss of regular income. Why are emergency funds the first goal of a good financial plan? The idea of creating […]
Smart Money March 28, 2020
Stock Markets: An overview on the crisis and recoveries from the past
The fear of coronavirus outbreak and its impact on the global economy, has had a crushing impact on the global stock markets. In what could be termed as the worst week for stocks after the 2008 financial crisis, investors instantly became sellers as the fear of a global pandemic spread. But market crashes are not […]
Smart Money March 27, 2020
Riding the stock market roller coaster
Markets are risky! Markets fell by 10% today! Markets have risen by 8% yesterday! These statements will not worry you if you are a disciplined investor. How do you become one? The three basic fundamentals of investing are: Decide a time frame/goal of investing Devise an apt strategy- emergency fund, suitable instruments, diversification and indicative […]
Smart Money March 26, 2020
LIVE Chat | Market Crash 2020: What Now?
The fluctuations in the market can get daunting. With the recent market crisis, both in India and across the globe, the most pressing question most investors have is ‘What to do with my investments?’ Join Priti Rathi Gupta (Founder, LXME; MD, Anand Rathi) in a LIVE Chat discussing the Market Crash 2020. Get market insights […]
Smart Money February 6, 2020
Union Budget 2020 Highlights for individual tax payers
Finance Minister Nirmala Sitharaman presented the Union Budget 2020 on February 1, 2020. This is the second budget of Narendra Modi led NDA government’s second term, after having stormed back in power with a full majority in May 2019 General Elections. With the economy witnessing a slowdown, there was a wider call to provide stimulus […]
Smart Money September 20, 2019
Decoding five common income tax notices
A mail from the income tax department can trigger anxiety. But so long as you have no intention of hiding your income, it’s just a question of understanding why what the notice means and resolving it! Filing tax returns has become as easy as logging onto the e-filing portal. Once the return is filed, you […]
Smart Lifestyle August 22, 2019
4 Signs of a Financially Draining Relationship
Strengthening your relationship during the formative months is part of the journey, but are you *financially* compatible with your beloved? It seems like a taboo to mention the money aspect when you’re still in the honeymoon phase of dating and then it seems like you’re stuck. If you are in a financially abusive relationship, it […]
Smart Lifestyle Smart Money August 8, 2019
The Cost Benefit of Bringing Your Own Lunch
Whether starting your career or being at it for years, becoming rich is all about money management. Bring your own lunch and you’ll fatten your wallet, and get your body in shape! It’s often the smallest day-to-day changes that bring you one step closer to financial freedom, and this is one of them. Working women […]
Smart Lifestyle Smart Money October 9, 2018
5 Steps to Buying Your First Car
Musician Sappna needs to carry around her own drum kit at least at local gigs. Since the musician’s husband travels most of the time, the lady of the house decided to do her own wheel-shopping. Here’s how Sappna went about her first car purchase. Sappna had been investing out of her gig fees since her […]
Smart Lifestyle October 5, 2018
Cheap Thrills Away From Your Screens
Computers, devices, and smartphones suck up hours upon hours of our daily lives. But your leisure or recreation time doesn’t have to be like that. Being connected with friends and family is a good thing, but it may not be such a horror to hit the reset button on your internet fix. Here’s a few […]
Smart Lifestyle October 4, 2018
“I have nothing to wear”, came a wail from 26-year-old Kusha’s room minutes after she shrieked with joy about her best friend’s wedding slated to be a month away. There were two more weddings coming up and Kusha was still recovering from last season’s spending. How much can you spend on attire you’ll probably wait […]
Smart Money October 3, 2018
The Financial Preparation to Having a Baby
To have one’s own progeny, whether biologically or by adopting, is perhaps the most emotional experience of your life. Beside the uncertainty of the duration of labour, postpartum depression, and sleepless nights for at least the first 18 years of your child’s life, there’s a financial cost attached to having a child. A study conducted […]
Smart Money September 27, 2018
Health Insurance and Life Insurance – You Are Covered!
One of the most important parts of planning for the future is having insurance for yourself. Both life insurance and health insurance are crucial forms of risk mitigation that provide financial protection in the event of serious injury, illness or untimely death. Of course, they do this in different ways. Here are 6 key areas […]
Smart Career September 26, 2018
When Is A Job Really Worth Flying Out Of The Nest?
A job is the end game to the (at least) 18 years of education. All this while you’ve been sheltered at home. But now you’re an adult, and the world’s spoils beckon. Also, following a 7:30 pm curfew at 21 can be… er… Either that, or an opportunity you cannot refuse knocks. Moving out isn’t […]
Smart Lifestyle September 21, 2018
DIY Health: 5 Apps for a Great Workout @ Home
As a modern woman, you have personal, and often even professional commitments that often take a toll on your health. The lamest excuse – not enough time. Unsurprisingly, the answer to that is technology. More specifically, your smartphone. In recent times, several fitness apps have made their foray to ease tracking and addressing health problems. […]
Weekend on a Budget: Self Care For Survival
Annual leave aside, the best time to indulge at the end of a harrowing work-week (whether yours or the boyfriend/ husband’s) is the long-awaited weekend. A weekend can be much more than two days of carefree, work-free, alarm-clock-free lazing in front of the idiot box. It is a chance for you to pamper yourself and […]
Smart Lifestyle September 19, 2018
4 Ways to Prevent Those Steep Medical Bills
Does the thought of falling seriously sick make you shiver with fear, all because medical treatment costs an arm and a leg? Chin up. There’s hope yet! While the cost of healthcare can vary tremendously depending on where you live, dealing with illness and injury is always a major expense. While there’s no way to […]
Smart Career September 18, 2018
5 Reasons to Pay Yourself Even When You’re Starting Up
So you saved up and started out on your own. Being your own boss and creating livelihood for a few others can be as rewarding financially as it is to the conscience. But in taking care of the team and the operations of your spanking new business, forget not yourself! Here’s why paying yourself right […]
Smart Money September 17, 2018
The Only Superpower You Will Ever Need: Budgeting!
Your mum swears by it – she’s almost starry eyed about this super-hot problem solver when it comes to her money dilemmas. Before your mind goes on overdrive wondering who this mystery being is, relax! We’re talking about budgeting. There are, in essence, three big reasons why it makes sense to appease the budgeting muse […]
Smart Lifestyle September 14, 2018
4 Food Tech Hacks to DIY Health
Have a busy schedule, travel often or sit late in office? Your career and life ambitions will only hold good if good health’s on your side. ‘Tech’ it easy with food gadgets that keep it tasty and healthy. You are what you eat, and by extension, drink as well. In your fast-paced routine, you can […]
Smart Career September 12, 2018
No Steady Income? Go Steady on the Spends…
Squeezing in a shopping spree and an extra dine-out by the end of the month is tough even when you have a regular paycheck to count on. But if you’re foraging through purses for stray hundreds even for a basic wax just because you’re on a break from nail-biting corp-speak, you need to stop right […]
Smart Lifestyle September 11, 2018
5 Wedding Shenanigans That Won’t Drain Your Wallet
It’s that time of year when the wedding invites start to pour in, and your money begins to pour out. Save that pout for the Insta photos – the expenses, we’ll help you curb. When the Save-The-Dates for your friends’ weddings first pop on the WhatsApp group, you want to mute it for a week […]
Smart Lifestyle September 10, 2018
Scrimp Vs Splurge: Cut E-Shopping Costs When Shopping Abroad!
SITTING IN BOMBAY, SHOPPING IN NYC Traditionally, the only ways to buy products from international brands was to shop during an overseas trip or hand a list to (unwilling) friends and visiting relatives. With the Internet, though, the world’s best retail therapies are at your fingertips. But the ancillary costs of e-shopping ruin the thrill […]
Smart Career Smart Money August 28, 2018
Goldilocks’ Guide To Repaying Education Loans
Taking an education loan to pay for higher studies or professional courses helps earn more by landing a better job. On the flip side, repaying these loans totally kills our mojo before even settling into our career! Here’s the financial diva’s itinerary to repay education debt without regret. Indian educational institutions have worked towards offering […]
Smart Lifestyle Smart Money August 24, 2018
5 Presents To Demand From Your Sibling This Rakhi
Rakhi or Rakshabandhan is about a brother promising to protect his sister, although these days sisters are tying ‘rakhis’ to each other as well. And why not? We’re all about equality of the sexes, aren’t we? Whether you have a brother or a sister, here are some smart ideas about what to demand from them […]
Smart Lifestyle Smart Money August 23, 2018
8 Humble Hacks To Travel Luxe Locales
Travel is certainly rewarding, but it can also cost a rather lot. This is especially true for destinations that are every tourist’s wet dream, or a blatant sign you come from the third world. Cross expensive travel destinations off your bucket list even if you’re on a limited budget. Here’s the marauder’s map! You may […]
Smart Lifestyle Smart Money August 20, 2018
Eureka! My Kid Can Count.
So you and the hubby went from two to three (yes yes, we know you are two bodies but one soul). And every day is a new lesson in human development. But while the age-old saying – “Child is the father of man” may be your general life situation right now, there are some lessons […]
Smart Lifestyle Smart Money August 18, 2018
Stay Fit Without Slimming Your Wallet
Does the acronym for health, fitness and working out spell out as “GYM” in your head? Have you lost half your wallet weight in a six-month or (worse still) an annual membership? The first few weeks were all about religious attendance and euphoria and then… Then that big pitch got you busy, then aunt flo […]
Smart Lifestyle Smart Money August 16, 2018
Weekend On A Budget: Netflix & (Actually) Chill!
Warding off weekend greys can be worse than tackling Monday blues with your super-woman ambitions. This leaves Saturdays and Sundays to either pursue a short-lived hobby that demands more than an infant’s attention span, or twiddling your thumb (mostly) left and (sometimes) right (hurrah!) on a dating app. At such times, actually staying in and […]
Smart Career Smart Lifestyle Smart Money August 15, 2018
A Strong Portfolio Spells F*I*N*A*N*C*I*A*L F*R*E*E*D*O*M
You’ve heard the usual spiel about growing your money by investing it – jot a bucket list, put your eggs in various baskets, stay invested (until those eggs hatch), and the magic (or just math, Einstein) of Compounding. But that does little to have you start acting upon your new-found financial literacy. You see, the […]
Smart Lifestyle Smart Money August 13, 2018
How To Ace The Millennial Game
If you’re between college- and first promotion-age, a home or retirement matter little to you. We get it – the angst of always looking #instaworthy. But not knowing how to go about it without breaking the bank or starving, can be quite the bummer. A little smart investment can help you ace millennial game – […]
Smart Money August 11, 2018
Diamonds Are A Girl’s Best Friends (Not)
Men grow cold as girls grow old And we all lose our charms in the end But square cut or pear shape these rocks don’t lose their shape..Diamonds are a girl’s best friend~ Gentlemen Prefer Blondes (1953), Marilyn Monroe Diamonds Are a Girl’s Best Friend – A song that extols the virtue of the sparkly […]
Smart Career August 6, 2018
What Working Women Want
Shazia Ahmed, 37, launched her own research company two years ago, and is about to marry her long-time academic compatriot. Today, the millennial woman is more than just her home and office. She is an emotionally evolved and multi-functional being who dons several hats with elan. GO-GETTER WOMAN The millennial woman has passed the threshold […]
Smart Career Smart Money July 24, 2018
National Income Tax Day: 158 Years Of Paying It Forward
Income Tax was first introduced in India on 24th July, 1860. 150 years down, the government decided to celebrate it as ‘Income Tax Day’ to spread awareness about the income deduction. So why does the government take away anywhere between 5% to 30% of our income? And why do you feel like you are being […]
Smart Money July 20, 2018
Make Your Money Work for You: The 5 Step Guide (Step 5)
This is the last post in our five-part series on beginner investing, where we will talk about investment decisions that might make you #facepalm at yourself. If you’ve missed any of the previous posts, click on the links below:Step 1 where we answer the question ‘why invest?’Step 2 discusses the best time to start investing.Step […]
Make Your Money Work for You: The 5 Step Guide (Step 4)
This is the fourth in a five-part series on investing for beginners. If you’ve just joined us on the journey to financial well-being, we suggest checking out the first, second and third parts before diving into this one. In this post, we’re going to discuss how you should begin investing. This is usually the most […]
Smart Money July 18, 2018
Make Your Money Work for You: The 5 Step Guide (Step 3)
This is the third post in our five-part series on investing. In Step 1, we discussed why you should make investments. The second post deals with when you should start investing. If you’re new to investing, check those two out as well. Today, we’ll consider the question of how long you need to remain invested. […]
Smart Money July 16, 2018
Make Your Money Work for You: The 5 Step Guide (Step 2)
In the second part of our five-part series on investments, we’ll discuss the best time to invest and whether there really is a ‘right’ or ‘wrong’ time for it. In the last post, we touched upon the concept of compounding, which is almost like magic. Gains get reinvested, earning more gains and so on, kicking […]
Smart Money July 13, 2018
Make Your Money Work for You: The 5 Step Guide (Step 1)
This is the first of a five-part series that addresses investments, from why you need them to how you can make them work for you. In our savings-oriented economy, putting money away for a rainy day is a concept drilled into us from our earliest years. Perhaps that made sense when wealth was measured purely […]
Smart Money July 11, 2018
Prefix-preneurs, Stop Underselling Yourselves!
33-year-old Shilpa Bakshi is an expert in Hindi translations. She caters to businesses in Baroda, but the homepreneur complains that prospective clients often haggle with her to bring down the rates she quotes. New mother and wife, Shilpa does this work to support the family income with dignity. But like several one-person entrepreneurs, she ends […]
Smart Money July 8, 2018
Changing Courses: Investment Serendipity of a Feminist Gujarati
After I finished my post-graduation in English from a prestigious university, I slugged it out at home for almost six months before I landed my first job. I had no intentions of working within my small town, I had my eyes set on the big city. Four months before my 22nd birthday, I was offered […]
Smart Money July 2, 2018
Here’s Why & How You Need to Start Investing to Crush Those #Goals
Investment is a word that flummoxes many. We avoid it. But it’s not as complicated as it sounds. Investing can become the best way to – not just to save – but to actually grow your hard-earned wealth. SAVING VS GROWING The very first question that comes up when talking about investments is, why you […]