It is that time of the year again… Time to change over your closets.
Change over your closets? Change it to what or change it to where?
Have you heard of the Pareto Principle? The what??? Pareto Principle? Wait… Don’t go anywhere. You have heard of it but maybe not by that name. It is better known as the 80 – 20 Rule. Oh yeah, the 80 – 20 rule. I won’t bore you with the details about Italian economist Vilfredo Pareto, who observed in 1906 that 80% of the land in Italy was owned by 20% of the population but rather tell you how it relates to our closets.