Pareto Principle and Personal Finance

23/03/2021 12 min Episodio 51
Pareto Principle and Personal Finance

Listen "Pareto Principle and Personal Finance"

Episode Synopsis

The Pareto Principle was founded by Vilfredo Pareto, an Italian economist, and popularized by Richard Koch's book, The 80/20 Principle. The Pareto Principle essentially says that80% of outcomes can be attributed to 20% of causes. The Pareto Principle is very important to understand and apply in your own life in order to maximize results, regardless of field. In this episode, I discuss how you can apply it to your own personal finances. Enjoy! Pick up a copy of Chase's book here: https://www.amazon.com/dp/1082783188