80/20 principle misunderstanding

I often read online articles written by people who misunderstand the 80/20 principle. Here are the most common misconceptions about the 80/20 rule:
Two different things
Basically the 80/20 rule says :
80% of the output comes from 20% of the input.
80 and 20 are percentages of different things. Input and output aren’t the same things, it’s two [...]

Save money applying the 80/20 principle - part 3

This is Part 3 in a series on how to apply the 80/20 principle to save money. The full series is Part 1, Part 2, Part 3, Part 4, Part 5.
Today’s topic is more about how to make more money than how to save money but result is quite similar: more money on in your [...]

Improve your memory, learning skill and planning using mind maps.

Mind map is a amazing tool I do use everyday to plan, learn or solve problems. They use the wonderful power of your brain to help you think.

How is related with 80/20 principle? Because few keywords, lines and drawings will make you remember or think about a huge amount of information. Let’s go further…

Save money applying the 80/20 principle - part 2

This is Part 2 in a series on how to apply the 80/20 principle to save money. The full series is Part 1, Part 2, Part 3, Part 4, Part 5.
You are using 20% of your stuff 80% of the time.

Today tips will allow you to control your impulse buy. I know it is very [...]

Save money applying the 80/20 principle - part 1

This is Part 1 in a series on how to apply the 80/20 principle to save money. The full series is Part 1, Part 2, Part 3, Part 4, Part 5.
80% of your expense amount come from 20% of your expense area.
The point is to determine expenses that make a big impact on your money and [...]

Save money applying the 80/20 principle - Introduction

If you are reading Unbalanced Man blog I’m pretty sure you face personal finance issue. Almost everybody does. (Although I’d like to have no money concern).
In this series I will share tips on how to apply the 80/20 rule to save money daily. I don’t pretend to know everything in this topic but I will [...]

How to become an expert

I’m gonna give away a secret: You are already an expert in a bunch of areas. Feel free to think the opposite but check this post out, you may change your mind.
What is an expert?
According to Wiktionary an expert is
A person with extensive knowledge or ability in a given subject
OK…but what does extensive mean? Does [...]

80/20 thinking

In his book, The 80/20 principle, Richard Koch shows there is two ways to understand and live THE rule: the 80/20 analysis and the 80/20 thinking.
On one hand the 80/20 analysis is a kind of scientific approach, you collect data, analyze them and try to find a 80/20 relationship between two different set of data. [...]

World is unbalanced

This is a fact (and I would like to hear about your arguments if you think it isn’t true): The world is not fair, balance does not exist.
Indeed a minority of the world population own a majority of world wealth, a minority of your customers create a majority of your revenue and a majority of [...]