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 […]

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 […]

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 […]

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 […]

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 […]

“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 […]

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 […]

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 […]

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 […]

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 […]