Tag: Principle
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How to Achieve Financial Security; Understanding the 80/20 Rule
In finance, time is currency and every move shapes your wealth. This article will explore The 80/20 rule and how it relates to financial planning. The 80/20 rule, also known as the Pareto Principle states that 80% of outcomes result from 20% of causes. It can be applied to identify the most significant factors impacting…