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 bank a/c used only for YOUR savings & investments) just by saving as little as Re.1 & max Rs.365 per day? Yes, it’s possible!
WHAT YOU NEED TO DO
The challenge calls for you to save any amount between Re.1 to Rs.365. Each day team LXME will post a number. Any number is chosen from 1-365. That is the amount you need to transfer into your ‘ME account’.
WHAT IS A ME ACCOUNT?
A bank account that is used only for your savings & investments. You do not make any expenses out of it. A lot of you may have this account. In case not, good idea to make one. This is a simple savings account. We call it the ME account because it is YOUR account for YOUR personal wealth! *Please note that this is a daily challenge that was started in January 2021. In case you’ve missed out on the daily numbers till now, all you have to do is ask our community members and they’ll help you!
The LXME September Hack
We buy things at discounted rates online, when we go grocery shopping we get discounts there as well, but are we really saving the money? What do we do with the money we save? We spend it on other things!
So here’s the September Hack! This month, whatever money you save when you buy something at a discounted rate should be transferred to your ME account, even if it is as little as Rs.20.
For example, if you buy a t-shirt worth Rs.700 at a discount is 10%, you will pay Rs.630 for the t-shirt and transfer Rs.70 to your ME account.
Follow this for every purchase you make this September and at the end of the month see how much money you will end up saving.
Daily Market Updates
Watch out for daily updates on the ups and downs of the stock markets and be more financially aware!
Smart Lifestyle Smart Money March 29, 2023
Buying Vs. Renting Home
A young couple named Rahul and Simran had just gotten married. They were excited to start their new life together and were faced with the big decision of whether to buy or rent a house. Rahul believed in owning a home, while Simran preferred renting. They both had valid points, making it challenging to reach […]
Smart Career Smart Lifestyle Smart Money March 23, 2023
5 flexible ways for students to make money
Being a student, growing into a young adult can be a hard transformation. Learning about responsibilities and how to take care of yourself is not a piece of cake. It is a tough and lengthy process. However, having money and becoming self-sufficient can ease this whole process. It can help you pay for expenses like […]
Smart Lifestyle Smart Money March 22, 2023
Health Insurance for Women
Do you know, what is the rate of medical inflation in India?🤔 Currently, As per various reports online, the medical inflation is more than 10%😵💫😵💫 So, do you believe that someone will be able to pay for medical expenses if a medical emergency occurs? They may, however, by utilizing their investments, savings, and other resources. […]