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 […]
Master the Path: How To Make 1 Crore In 15 Years
How To Make 1 Crore In 15 Years: Shweta and Seema’s Financial Journey Shweta: I wish I was a Millionaire. I could have crores of rupees at my fingertips, and I could do whatever I want. Seema: Agreed we could have had so much fun. Shweta: but we can’t. There is no way we can earn that […]
Crypto Currency or Mutual Funds: Where Should You Invest
In the last few years, we have heard so much about digital currency and the benefits of crypto. Social Media tells us that cryptocurrencies and blockchain technology are the future of investing. But what is crypto? How does it work? Should one invest in cryptocurrency? And most importantly, how does it compare to mutual funds, […]
Reasons why having a savings account is important for you
Imagine this: you are going about your life and suddenly you are struck with the news that a deadly disease, unknown to anyone in the world, has been on the spread. The only way to control it is for the entire world to go into a lockdown. Bizarre, right? But this isn’t fiction anymore, it’s […]
How to start investing with low income
Investing is a crucial step towards achieving financial independence, but many believe that investing is only for the rich. However, this is far from the truth. Regardless of your income level, it’s possible to start investing and build your wealth over time. With the power of compounding, even the tiniest drop of water can turn […]
How to Shop Smart and Save Money? Guide for Women
Is shopping your best friend? Let’s find out!Does shopping help you relieve stress?Do you often go out to shop?Does retail therapy make you happy?Do you look forward to shopping?Do you spend a lot of time shopping?When you are bored, do you open your phone and start shopping?Hello fellow shopaholic!Retail therapy does wonders and lifts up […]
Smart Money Saving Tips for Single Women!
To all the ladies out there, are you single and ready to mingle? With your money, obviously! Well, no need for a thousand apps to find your perfect match, because you have LXME already! Let’s explore some money saving tips for single women that might help you enjoy your singlehood without any financial worries. Financial […]
Should you invest in the Gold Chit Fund?
Introduction: In India, gold is one of the go-to investment options for women. Nowadays, Gold Chit Fund/Gold Saving schemes have become one of the popular ways of investing in Gold. But is it the right way? Let’s understand the nuts and bolts of Gold Chit Fund and see whether one should invest in it or […]
Is FD risk free?
Introduction: When it comes to investing your hard-earned money, one of the options that often comes to mind is Fixed Deposits, commonly referred to as FDs. FDs have been a go-to choice for women for decades, mainly due to their perceived safety. But is FD risk free? In this blog, we’ll break down the concept […]
Your Salary Just Got Credited – Here’s How to Invest It Wisely with Mutual Funds
Getting your monthly salary credited into your bank account is a moment of financial relief and accomplishment. But what you do next with your hard-earned money can significantly impact your financial future. Instead of letting it sit idle, why not make your money work for you? In this comprehensive guide, we’ll explore smart ways to […]