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6 Financial Goals to Achieve in Your 20s



In your twenties, you form habits that will last the rest of your life. This is the time in your life when you might start a career, get married, or perhaps start a family. In your twenties, you should focus on achieving these five specific financial goals.

Build an emergency fund

An emergency fund is a set of funds set aside for unanticipated costs. When life throws you a surprise, the fund works as a financial insurance policy. In your twenties, the amount you save will be dictated by the stability of your work, your income, and any debts you may have. Your ultimate goal should be to save three to six months’ worth of living expenses in an emergency fund.

Make your down payment a savings goal

Your mortgage payments will be reduced if you make a higher down payment. A respectable down payment can also help you avoid having to pay for private mortgage insurance. You will be in a better position to buy a house when you are ready if you start saving early, no matter how far in the future a house purchase may appear. The down payment is normally at least 20% of the total buying price.

Contribute to your retirement

Starting to save for retirement as soon as you acquire your first job is ideal. Aim to contribute 15% of your annual income to a retirement savings plan. Refer to retirement savings benchmarks to stay on track with your retirement plans. For example, at the age of 30, a traditional retirement benchmark states that you should have the equivalent of a year’s pay in retirement.

Get out of debt

You might not be able to pay off all of your college loans by the age of 30. To get out of debt, make a debt payment plan right away. You should also make an effort to repay any credit card debt you may have. When you handle your debt successfully, you may be able to take additional steps forward in your life.

Start Investing

Consider investing money you would have put into a low-interest savings or money market account if you want to create wealth outside of your retirement funds. Compound interest will accelerate the growth of your invested funds, and the sooner you begin, the better. Expanding your portfolio is essential for effective investing. You can achieve this by diversifying your investments across different industries and keeping a range of assets (stocks, bonds, and cash, for example). Because of the nature of investing, you should only invest money that you are willing to lose.

Establish the habit of saving money

Spending less money every day is an important aim to set for yourself in your twenties. Frugality allows you to spend more money on the things that are most essential to you right now. Look for methods to cut back on larger recurrent expenses so you can put more money toward your savings and investment goals. You also don’t have to deprive yourself in order to do so.

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Epic’s movie plans: A battle royale in the making




With an audience of around 350 million users worldwide, Fortnite has firmly entrenched itself in the hearts of many gamers. But if you thought Fortnite was already everywhere, wait till you see what Epic is planning: how about a full-scale move into broader media? With this, Epic will fortify its already enviable hold on the industry. 

According to The Information, three high-ranking LucasFilm workers joined Epic Games early this year, including the studio’s former VP of physical production, Jason McGatlin, implying that cinematic projects are a top priority for the firm. Lynn Bartsch (head of business affairs) and Chris Furia (vice president of production finance) both left LucasFilm for Epic. The word on the grapevine is that these high-ranking executives will be part of a team looking to power the “scripted video programming business”. A Fortnite movie has apparently “already been considered” inside the studio’s special projects department, according to the source – though that’s about all we know so far. 

Epic is apparently looking for new ways to get into people’s brains (and wallets) now that Apple has banned it from the App Store, and given that Epic is unlikely to appear on Apple shops again for the foreseeable future, it’s understandable that the business would look into other entertainment divisions. 

Perhaps you’re looking forward to Peely doing his thing on screen, but Epic surely has dollar signs (or is that V-Bucks) in its eyes. It wouldn’t be the first to make the leap either; Lego has found much joy in hitting the silver screen, and it’s hard to imagine the powers that be at Epic don’t want a slice of that pie. Guess we have to prepare for a battle royale on the entertainment front. 

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4 Must Reads – Straight from Elon Musk’s recommendation list




Elon Musk’s reading collection includes science fiction classics as well as complicated literature on cutting-edge technologies. His vision as the leader of some of the world’s most valuable companies makes it interesting to take a peek into the inner workings of his mind. Musk is also known for sharing his suggestions on social media. 

Let’s evaluate some fascinating reads from his recommendations.

Steve Jobs, by Walter Isaacson 

This book chronicles the ambitious and adventurous life of Apple’s brilliant entrepreneur and eccentric creator. Steve Jobs covers the man’s successful enterprises, beginning with his early experiences with spirituality and LSD and ending at the pinnacle as a worldwide technology superstar. This is a well-researched book that goes into the thinking of the man behind the world’s most valuable technological business.

Life 3.0, by Max Tegmark

The Brief Introduction to Artificial Intelligence, Elon Musk’s latest book, is one of the few that explores the idea of AI being used for good rather than harm in the world. Max Tegmark, an MIT scientist, addresses how to keep Artificial Intelligence helpful to humans while simultaneously ensuring that technological progress is consistent with humanity’s long-term goals.

The Big Picture, by Sean M. Carroll

The Big Picture is a bold examination of the world we live in and how we may make sense of the vast majority of it through scientific thought. It teaches readers how to think about the most difficult things, such as the origins of life, awareness, and the cosmos itself, using a deductive approach. Sean Carroll is a practicing theoretical physicist with some unique philosophical perspectives. Sean invented the phrase “poetic naturalism”, which is addressed in the book.

Superintelligence, by Nick Bostrom

Superintelligence is intended to be a serious, hard-headed examination of the impending arrival of computers that are far smarter than humans. Musk has often warned about the dangers of unfettered Artificial Intelligence, and this book examines the pitfalls of taking technology too far too soon. 

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Evolve or perish: The eternal organisational dictum



Evolve or perish: The eternal organisational dictum

Keeping up with big tech companies could prove to be a difficult task. Businesses are made to last, but not all of them last the course. Take the examples of Nokia, Yahoo, etc. These companies were giants at one time, titans of their respective spheres, but could not keep up with the changing times (even if they were renowned) and eventually crumbled away.

A complete understanding of the customer ecosystem is necessary. Based on insights from consumer data, a business has to evolve with time and needs. By deploying the right data analytics systems and reinventing your value proposition, any company born in the analogue age can generate the same benefits through digital disruption.

Companies like Tesla, Airbnb, etc. transformed the industries they are part of. Business and consumer data are constantly being collected by high-tech companies. To keep up with such high-tech companies, traditional businesses must be able to access and arrange data to better understand their consumers, technology, and competitors to compete and thrive.

Recognizing when your firm needs a major change is one of the keys to success for any business. Unfortunately, due to a broader culture of resistance or an emphasis on conserving old land, many legendary firms miss out on greater possibilities, and get lost in the sands of time. Keep your pulse on the market, and be ready to evolve with the times, lest you end up being a snail in a race run for greyhounds.

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