Pareto Principle

Today we explore Pareto's Principle. Also known as the 80/20 rule or law of the vital few.For example, you wear 20% of your clothes, 80% of the time.Kids play with 20% of their toys, 80% of the time.In any given category in your home, are you using just 20% of what you have? does your 20% work hard for you so that the 80% is unnecessary?Practically...could you reduce your wardrobe by 80%could you reduce your kids toys by 80%could you reduce your shoes by 80%could you reduce your serving wear by 80%could you reduce your make up by 80%could you reduce your ornaments or nick knacks by 80%Its also a helpful principle when you're wondering why it's so hard to be a minimalist in an area in your home (or everywhere in your home). it's not that you'll never need the 80%... it's just that you don't need it very often. And that for something you'll need 20% of the time - boy you're keeping A LOT OF THINGS IN THAT CATEGORY.What's wrong with the 80% that they're not making the cut?I'd love to ask you to leave a Google review today - it takes less than 2 minutes and it will make a huge impact on others confidence to listen/ engage/ join with our community and services around the world. Think of it as your way of giving back :) https://g.page/r/CaTTEYtgIiQTEBI/reviewYou may also like to listen to these episodes:EnoughOpportunity Cost/ Cost Benefit AnalysisConsumerismJoin our communityBecome a Patron – your monthly donation makes a huge difference to me being able to produce this podcast. Donations can be as little as $1 a month!Follow me on InstagramFollow me on FacebookJoin my Facebook groupLeave a review on Apple PodcastThank you to my sound engineer, Jarred from Four4ty Studio Hosted on Acast. See acast.com/privacy for more information.