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Created since Oct 21, 2022
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A community of women that help you 1. Learn the basics about investing2. Earn money from home3. Invest in the right tools4. Borrow from the right sources 5. Spend wisely - using golden budgeting tips
Feeling awkward bringing up finances with my family, especially with older relatives. They have borrowed money and not returned. Any advice on how to have open and honest conversations about money?
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While it is very challenging but this is something that I think you should be very clear about. Never bring money into relation once you land money to any relative it is very difficult to get it recovered either money will come or the relationship will go. Having a simple conversation can help try that once.
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I am have a home business and I am earning monthly around 50k. Do I have to file a IT Return? can someone tell me how to go about this?.
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You can register for the session to know more about Tax filing and savings: https://lxme.onelink.me/95JV/taxfilingsession4
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This Valentine's day we will be playing Galantine Housie( you can play with your female friend, from anywhere), How many of you will be interested in playing? When you win your friend can also win and vice versa. 🎉 say yes if you interested!
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Yes
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Women who are over 30: Give one piece of advice to women who are in their 20s. Be it about money or life!
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Do not start adjustments, keep youself 1st from the beginning itself. The moment you start adjusting, it wont take long for it to become your habit and people around you will start taking you for granted. Don't worry about negative comments. Just be selfish. You are a bad person anyway, whether you adjust or not. So better not to... 😉
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What should be the approx allocation percentage between stocks , MF’s and real estate in a portfolio?
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ideally it works on an allocation logic which is 100 - your age should be invested towards equity now any form of equity you can invest... all the three option comes under equity so you can divide according to your risk taking appetite!
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How can technology and financial tools assist in tracking progress towards financial goals?
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Hey! LXME is a one stop solution and a secure money platform for women where you can use all financial tools. You can learn, plan, save, invest, and borrow. If you want to learn about money management and personal financez then there are lots of blogs, live sessions and many more content that you can access. Not only this, you can use super easy calculators to plan for your goals and start your investment journey in less than 5 mins in expert curated Mutual Fund portfolio. Hope this helps! If you have any further questions do let us know we'll be happy to answer:)
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I want to start investing this year inorder to become fully independent within one to two years. Be it in stock market, share market or any other source, a kickstart to making investments is my goal. But I have no clue where to start from. Could you suggest some ways and what should I look out for while doing so? When should women start investing and how is it beneficial for us??
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Hey! To start investing, here's what you can do: > Firstly, make a budget for yourself. You can follow the 50:30:20 rule of Budgeting that can help you to manage your income and in turn, help you save money. Here, 50% of your income goes towards utilities, 30% towards luxuries, 20% towards savings and investing. > You can always customise the %ages as per your needs. 2. Set Financial Goals: Chart out your goals in terms of ultra short term goals(less than 1 year), short term goals(1-3 years) and long term goals(more than 3 years). > Based on your goals, you can start investing! Check out the Goal Calculator on the app to help you plan for your finances. > Mutual Funds are a great way to start investing for your goals as a women. The earlier you start, the better it is. > Explore LXME portfolios, they are well-researched, expert-curated portfolios, goal based starting from just Rs.100/- https://lxme.onelink.me/95JV/LXMExCoto Hope this helps! :)
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As a woman with specific financial aspirations, how can I tailor my budget to support both short-term needs and long-term goals?
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Hey! First, you need to assess your goals then assess what amount you’ll require to achieve that goal. Basis these assessment you can invest in investment instruments which are suitable for long term or short term goals. For your short term goals, you can invest majorly in debt based investment options and for long term you can invest in investment instruments which deliver you inflation beating returns example, Equity Mutual Funds. You can also check out LXME’s goal calculator to calculate the amount you need to invest towards your goals. Hope this helps!! If you have any further questions do let us know we’ll be happy to answer:)
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Given the unique challenges we face as women's in the workplace, what advice do you have for building a strong financial foundation and overcoming potential obstacles?
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Hey! - As we women we may face gender pay gap that’s why it’s important for women to adequately plan, save and invest for their goals. - You can assess the different goal amount required basis that you can invest for your various goals such as child education, retirement, buying house, buying car, etc. - You can also check out LXME’s goal calculator to calculate the amount you need to invest towards your goals. https://lxme.onelink.me/95JV/LXMExCoto Hope this helps!! If you have any further questions do let us know we’ll be happy to answer:)
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Do you find it difficult to save money? Would you like to do it in a systematic manner? We are here to help you. Just say Yes.
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yes
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After all, women can achieve anything & everything! 😎 LXME, India's leading financial platform for women, has just raised its first funding from Kalaari Capital- CXXO initiative, Yash Kela- Founders Collective Fund, Amaya Ventures, the family office of Amit Khanna, Capri Holdings, Aditi Kothari of DSP Adiko Holdings and others. Let's financially empower women across the nation and enable them to take charge of their money and lives.✅💰 [Lxme, Kalaari Capital, New Beginnings, Funding Success, Fintech, Women Empowerment, Achievement, Milestone] https://youtube.com/shorts/RQDH7DfwA_o?si=5VyuNUR9690WL-zf #BigAnnouncemen #LXME #kalaaricapital #FundingSuccess #Milestone #WomenEmpowerment #WeHaveJustBegun #achivement #explore #reels #instagram #viral #explorepage #explore #trending #reelkrofeelkro #reelitfeelit #reelsvideos
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congratulations 🎉
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Raise your hand if you are a mom and you want to plan for your kids secured future and education.
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My son is in 12 th with humanities group, neither he nor is clear that where to go from here. Can you help
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Wanna work from Home and earn some money? Then, join the session happening tomorrow(30th April) at 6:30 pm to know the details. Have you registered yet? If you need help with registrations, comment below.
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Not registrated yet!!
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One piece of advice do you want to give to your daughters? Be it about money or life.
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create long lasting connections with people by being their person in need, it's worth more than money and will help you earn more money by making your personal brand, goodwill, confidence. Foster positive emotions since 98% are in negetive loop, you can achieve better this way.
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Build your child's education corpus worth lakhs rupees by just taking the first step at Rs. 99. Wanna know the first step and want to get started?
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Certainly
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Do you think tax filing is complex and tough? (Atleast I used to think that till last year.) Do you also want to learn it?
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Yes, I feel. Honestly, I don't know how to file taxes.
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What is one life lesson you want to pass on to your kids?
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superb
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If you could change one financial decision that you took what will that be?
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I should save more money and buy more stocks, my friend (with a lower salary than me) already bought an apartment, which makes me feel like I spent too much on traveling
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How many of you file taxes??
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I do …. This year onwards I started Saving too
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we are 2lakh+ social media commumity on facebook. if you lend one hand, thousands will lend hand to you.. Together we make a difference!!more
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