313 what is the pareto principle?

Have you ever heard of the pareto principle or the 80/20 rule? In today's episode Dev talks about:👉🏾 some listener feedback on ATO payment plans👉🏿 the pareto principle explained and how it applies to our everyday lives👉🏻 pros and cons of following the principle👉 the pareto efficiency explained 👉🏼 what is the production possibility frontier?👉🏽 and alternatives to pareto efficiency🛑 Please read our disclaimer + warnings before listening to this episode📝 Episode transcripts🏡 Join our facebook group for healthcare professionals💸 Quick links to our resources and $20 off The Glen James Spending Planmy millennial money professional is produced by SYMO interactive, home of my millennial money.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf Hosted on Acast. See acast.com/privacy for more information.

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