Understanding Interest-Bearing Accounts: How it Works, Benefits, and Risks
As women, we juggle a lot of responsibilities, from managing households to building our careers and planning for the future. One way we can make our hard-earned money work for us is by investing the same across different asset classes. However, traditionally, women used to save or invest their money only in interest-bearing accounts as […]
PPF and SSY Investor Alert : Know About Rule changes effective from October 1, 2024
The Ministry of Finance has announced certain changes to manage the irregular account relating to Sukanya Samriddhi Yojana (SSY), and Public Provident Fund (PPF) which will be applicable from October 1, 2024. As a woman, you might be investing in any of the above government schemes or saving for your child’s future, it’s important to […]
5 Best Business Loan Schemes for Women Entrepreneurs
Women today are reaching the moon to leading Fortune 500 companies, and women are breaking barriers and making their mark in every field. Entrepreneurship is another domain where women are excelling, bringing innovation and passion to the forefront. One of the examples of women-led businesses is Lxme which is built by women for women. Starting […]
Budget 2024: Key Takeaways for Women
On 23rd July 2024, the Finance Minister presented the Union Budget 2024, where a few major changes have been made, which you as a women investor should know. In this blog, we’ll go through key budget 2024 highlights. Let’s first understand what is the Union budget, What is the Union Budget? The Union Budget is […]
5 Financial Mistakes to Avoid To Secure Your Future
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. […]
LXME’s Child Education Plan: An Expert curated portfolio
As a mother, you would always want to provide your child with a secure financial future. Investing wisely offers an array of opportunities to nurture your child’s dreams and aspirations. Choosing the right investment plan for your Child’s education can help you create a strong foundation for their future. When it comes to securing your […]
Shedding Light on Your Money Matters: Mutual Funds vs Index Funds
Conquering your financial goals takes knowledge and the right tools. At LXME, we empower women to take control of their money with online SIP investments. Today, we’ll delve into the world of mutual funds and index funds, two popular investment options. Understanding the difference between mutual fund and index fund will equip you to make […]
Saving vs. Investment: Which is better?
When it comes to money women are very disciplined in saving and budgeting. They can manage the expenses even in the tightest budget. They always think about the future like no one else can as they are proactive in all situations, so they always set aside some part of their budget for future or emergencies. […]
Investment Vs Trading: Which One is Better for You?
Trading and investing are often used interchangeably. In reality, the two terms are very different from each other! In this blog, we’ll discuss trade and investment as well as which is more suitable for women: investing vs trading. What is Investing? Investing refers to allocating money with the expectation of generating profit over time. For […]
Index ETF vs Index Fund: Understand the Difference
Index ETF and Index Funds sound pretty similar, right? Well, there are some important differences between them that a woman investor should be aware of when investing in an index fund or ETF. To simplify this, let’s first understand what index means? An Index is a group of stocks, bonds or any other securities that […]