The 80/20 Rule: How It Works & How To Apply It In Your Life
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Pareto did not create your favorite pasta sauce; instead, he is known for the infamous Pareto Rule, or what you might call – The 80/20 Rule.
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The 80-20 rule states that 80% of your outcomes come from 20% of causes.
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The benefit of the 80/20 rule is essential for utilizing company funds correctly, making strategic decisions at work, but also how you spend time and money in your personal life!
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You can apply the 80/20 rule to anything in your life. Here are a few examples of how to apply it.
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1. Instead of a complete diet overhaul, adjust you’re eating habits 12 out of 15 meals, or 80% of the time!
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2. Follow the 80/20 rule to spending money – 80% of your money goes to bills and spending, at least 20% to saving… not food delivery apps.
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3. Figure out what 20% of possessions give you 80% of the most happiness, get rid of the rest.
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