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In the late nineteenth century, an economist named Vilfredo Pareto noticed that 80 percent of the land in Italy was owned by 20 percent of the population. About a half century later, a management consultant named Joseph Juran discovered Paerto’s observation and developed the concept of “the vital few and the trivial many,” and used what came ... Continue reading this article…
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Despite the fact that my company is squarely within the financial sector, we have so far been immune to massive layoffs taking place around the country, particularly in this industry. While I have something to “fall back” on — and actually, in terms of pure numbers, I could probably do better by leaving my ... Continue reading this article…
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Recently, I mentioned that setting goals is an important part of taking control of your personal finances, focusing on the idea that the best approach is to determine your major, non-financial life goals first. This is a difficult process for many people, and many people go through life without determining a direction. There’s nothing wrong ... Continue reading this article…
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