How to Apply the 80/20 Rule in Retirement

80/20 rule

The Pareto Principle is one of the most popular economic ideas of all time. Also known as the “80/20 rule,” this principle arose from Vilfredo Pareto realizing that 80% of the land in Italy was owned by 20% of the people (in 1896). Richard Koch further broke down the 80/20 rule in his famous book … Read more

How to Create Your First Kakeibo Budget

Kakeibo budget

Everyone wants an easy way to track their finances. There are hundreds of phone apps, websites, and journals made to “simplify” your saving. As much as technology has helped, sometimes the right move is to look to the past. Kakeibo is an age-old Japanese budgeting system built to make you more aware of your spending. … Read more