Smart Money

Types of Fixed Deposit (FD) – How to Choose the Right FD For You?

All women want their money to be safe! This is where Fixed Deposits come in. But, did you know there are different types of FD account? In this blog, we’ll discuss the types of FDs available and which one is the most suitable option for a woman. What are Fixed Deposits? Fixed Deposits are fixed-term Types of Fixed Deposit (FD) – How to Choose the Right FD For You?

Is it Good to Withdraw Profit from Mutual Funds?

Is it Good to Withdraw Profit from Mutual Funds?

Women invest to achieve their financial and investment goals. They aim to invest their hard-saved money and earn returns. But, is there a right time for mutual fund withdrawal? In this blog, we’ll discuss if you should withdraw profit from mutual funds and when you should do so. What are mutual funds? A Mutual Fund Is it Good to Withdraw Profit from Mutual Funds?

What is Rupee Cost Averaging Strategy in SIP? How does it Work?

We know that investing through SIP is a good way for women to become financially disciplined. Did you also know that, by investing periodically via SIP you can reduce the risk of market volatility? This happens through a process called rupee cost averaging in SIP. But, how does this work? And how can women employ What is Rupee Cost Averaging Strategy in SIP? How does it Work?

Can One Start SIP with 500 Per Month?

Can One Start SIP with 500 Per Month?

Isha: “I really need to start investing for my retirement but it just seems impossible with how little I earn.” Nikita: “What? Why do you think it’s impossible?” Isha: “Well, don’t you need tons of money to even begin investing? I can barely make ends meet as it is.” Nikita: “You’re so wrong! You absolutely can start sip with Can One Start SIP with 500 Per Month?

6 Ideas to Ease Your Financial Burden during Pregnancy Period

6 Ideas to Ease Your Financial Burden during Pregnancy Period

Pregnancy is one of the most beautiful yet challenging times in a woman’s life. As you prepare to welcome your little one, you may be wondering how you’ll manage financially during this period. Pregnancy often comes with many unexpected costs, from medical bills to baby supplies. For many Indian women, this financial burden can be 6 Ideas to Ease Your Financial Burden during Pregnancy Period

How Important is Financial Literacy for Modern Day Women in India

Introduction From managing daily expenses to planning for retirement, financial education for women has become extremely important in India today. With evolving gender roles and financial independence, why financial education is important for Indian women cannot be stressed enough. However, limited opportunities and discrimination still hinder financial literacy among women. Let’s explore why and how How Important is Financial Literacy for Modern Day Women in India

ULIP Vs. Mutual Funds: Which is the Better Investment Option?

On the road to financial freedom and empowerment, women have several investment options available for them to choose from. Two among them are: ULIPs and Mutual Funds. In this blog, we’ll cover ‘what is ULIP plan?’, how ULIP works and the difference between ULIP and mutual fund. Read on to find out which between the ULIP Vs. Mutual Funds: Which is the Better Investment Option?

Investment Strategies During Economic Downturn

Every woman must have heard the words, ‘recession’, ‘economic downturn’ or even ‘market crash’ while watching the news. These terms can be scary and it can lead a person to panic. But, as a woman on LXME, you should know that there is no reason to be scared. In this blog, we’ll talk about what a Investment Strategies During Economic Downturn

Empower yourself with LXME’s Fixed Deposits

Invest in Fixed Deposits: Target High Returns with LXME Welcome to LXME, where empowering women to become astute money managers is our mission. We are thrilled to introduce our newest offering: Fixed Deposits (FDs), tailored exclusively for women who aspire to secure their financial future. With LXME’s Fixed Deposits, you can invest in FD schemes Empower yourself with LXME’s Fixed Deposits

Importance of Investing In Passive Income Sources

In today’s world, having multiple sources of income has become increasingly important, especially for women. Relying solely on your 9-5 job income may not be enough to cover all expenses and achieve financial freedom. This is where exploring passive income investments can make a huge difference. Passive income refers to earnings that require little to Importance of Investing In Passive Income Sources