What Is a Business Loan? A business loan is money you borrow to start or grow your business. Business Loans can be availed from banks, NBFCs (companies that lend money but aren’t banks), or other places. Use it to buy stuff like equipment for your boutique, pay bills, or get a bigger shop. Knowing the … Business Loans: Eligibility, Interest Rates & Application Process
Let’s begin with the endowment plan meaning. An endowment plan is a type of life insurance policy that also includes a savings component. In simple terms: So, the endowment plan meaning lies in its dual nature — a mix of insurance and saving. However, at Lxme, we believe that insurance and investment should ideally be … What is Endowment Insurance Policy, Its Meaning and Types?
At Lxme, we’re all about helping women take control of their money, confidently. And what better moment to start than with your very first salary? Here are 5 smart purchases from your first pay check—choices that mix excitement with intention. If you’re thinking “what to buy with first salary” or looking for first salary spending … 5 Ideas on What to Buy with First Salary
With recent global conflicts, it is not just personal security that needs attention; equally, your finances. Personal financial readiness is very important. Unfortunately, many women who seem to play multiple roles tend to neglect this area. A financial emergency kit is not a luxury but a necessity. This guide is to build a women’s financial … Women’s Financial Emergency Kit: Your Power Plan in these Uncertain Times
We see them everywhere: women shattering glass ceilings and taking the lead in every industry. Sometimes, all it takes is a little nudge to make their dreams into a reality. The Mahila Samriddhi Yojana (MSY) project, launched by the National Backward Classes Finance and Development Corporation (NBCFDC), focuses on women, particularly those from poor backgrounds, … Mahila Samriddhi Yojana Benefits and How Women Can Easily Apply
Let’s be honest — debt feels heavy. And if you’re someone who juggles EMIs, credit card bills, and random unexpected expenses, you know exactly what I mean. It’s more than just money — it’s that constant stress, the guilt after a non-essential purchase, the anxiety before bedtime. That’s where the debt snowball method comes in. … 5 Mistakes to Avoid When Using the Debt Snowball Method
Anu: “The holiday season’s here—flights, gifts, decorations… I’m already ₹20,000 down!” Tanya: “That’s why I’ve got a sinking fund. I saved for things like this ahead of time.” Anu: “Wait—what’s a sinking fund? Tell me everything!” Let’s decode it. What Is a Sinking Fund? Sinking fund is the money you save over time for a … What Is a Sinking Fund and How Do You Create One?
Whether you’re saving for a solo trip, building your emergency fund, or investing in your child’s education, smart tax planning tips for salaried employees can help you keep more of your money. Let’s break it down in simple terms What is Tax Planning? Tax planning means organising your income, savings, and expenses smartly so you … Easy Tips for Salaried Employees to Reduce Their Taxes
In our Lxme community, we often get questions from women like: Where should I save my money where it will be safe & offer guaranteed returns? For all those ladies this blog is for you. The Indian Post Office offers a variety of post office savings schemes designed to help women build wealth securely and … 5 Post Office Schemes for Women and their Benefits
Insurance terms like “mediclaim” and “health insurance” may seem similar, but they offer different levels of coverage. Knowing their differences can help you choose the best plan for your healthcare needs. What is Mediclaim? Mediclaim is a basic health insurance policy that covers hospitalization expenses due to illness or accidents. It provides either a cashless … Understanding the Difference Between Mediclaim and Health Insurance
