{"id":9323,"date":"2011-10-18T05:57:33","date_gmt":"2011-10-18T11:57:33","guid":{"rendered":"https:\/\/staging.opexlearning.com\/resources\/?p=9323"},"modified":"2014-10-07T16:58:38","modified_gmt":"2014-10-07T21:58:38","slug":"personal-finance-the-pareto-principle","status":"publish","type":"post","link":"https:\/\/staging.opexlearning.com\/resources\/personal-finance-the-pareto-principle\/9323\/","title":{"rendered":"Personal Finance Chart in a Shape of a Pareto"},"content":{"rendered":"<div class=\"a296a24fa2fc69ef5487857f02f111e8\" data-index=\"9\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- Single Post readerboard -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:728px;height:90px\"\r\n     data-ad-client=\"ca-pub-8207522353004717\"\r\n     data-ad-slot=\"1144967431\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n<p>Time Magazine came out with a special issue in October that shows a very nice <a title=\"pareto principle, pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-principle\/\">Pareto Chart<\/a> on the cover. The topic is entitled &#8220;What we Spend&#8221;.<\/p>\n<p>The article explaining the Pareto Chart on the cover is equally interesting. It explains an average breakdown of what Americans spend their money on.\u00a0The list below is long, and I don&#8217;t exactly understand it or even made an attempt to understand it, but it is what apparently American love to buy.<\/p>\n<div align=\"center\">\r\n<table border=\"1\" cellpadding=\"5\">\r\n<tbody>\r\n<tr>\r\n<td style=\"text-align: center;\" colspan=\"2\"><strong>Other Articles on the Pareto Principle<\/strong><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<ul>\r\n\t<li><a title=\"clean energy pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/clean-energy-jobs-pareto\/8780\/\">Pareto Principle in Clean Energy<\/a><\/li>\r\n\t<li><a title=\"sales force effectiveness pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/sales-force-effectiveness-metrics-strategy\/8785\/\">80\/20 in Sales Force Effectiveness<\/a><\/li>\r\n\t<li><a title=\"personal finance pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/personal-finance-the-pareto-principle\/9323\/\">Pareto Chart of Personal Finance<\/a><\/li>\r\n\t<li><a title=\"aquarium filters pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/aquarium-filter-type-pareto\/9443\/\">Pareto Underwater: 80\/20 in Aquarium Filters<\/a><\/li>\r\n\t<li><a title=\"sugar content 80\/20 chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/sugar-content-in-foods-visual-pareto\/10200\/\">Sugar Content Pareto Chart<\/a><\/li>\r\n\t<li><a title=\"pareto on thanksgiving\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-thanksgiving-pumpkin-pie\/7280\/\">Thanksgiving Turkey Pareto<\/a><\/li>\r\n\t<li><a title=\"diaper poopy pareto\" href=\"https:\/\/staging.opexlearning.com\/resources\/cost-of-poop-and-diaper-edition\/5742\/\">Daiper Poopy Pareto<\/a><\/li>\r\n\t<li><a title=\"texting by age pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-text-usage-by-age\/5722\/\">Texting Pareto by Age<\/a><\/li>\r\n\t<li><a title=\"sarah palin pareto on language count\" href=\"https:\/\/staging.opexlearning.com\/resources\/sarah-palin-pareto\/579\/\">Sarah Palin Pareto<\/a><\/li>\r\n\t<li><a title=\"flateto principle, not an 80\/20\" href=\"https:\/\/staging.opexlearning.com\/resources\/the-flateto-principle\/391\/\">Flat as a Pancake Pareto Flateto<\/a><\/li>\r\n<\/ul>\r\n<\/td>\r\n<td>\r\n<ul>\r\n\t<li><a title=\"pareto principle in shopping cart abandonment\" href=\"https:\/\/staging.opexlearning.com\/resources\/reduce-shopping-cart-abandonment\/8555\/\">80\/20 in Shopping Cart Abandonment<\/a><\/li>\r\n\t<li><a title=\"chinese middle class pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-in-the-wild-the-chinese-middle-class\/8478\/\">Chinese Middle Class Fits a Pareto Distribution<\/a><\/li>\r\n\t<li><a title=\"law and order special victims unit pareto\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-law-and-order-special-victims-unit\/8361\/\">Pareto in Special Victims Unit<\/a><\/li>\r\n\t<li><a title=\"black friday 80\/20 chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/foursquare-badges-pareto-black-friday\/7770\/\">Pareto on Black Friday<\/a><\/li>\r\n\t<li><a title=\"water consumption by country 80\/20\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-chart-water-usage-by-country\/7762\/\">Water Consumption by Country Pareto Chart<\/a><\/li>\r\n\t<li><a title=\"cyber monday and black friday pareto\" href=\"https:\/\/staging.opexlearning.com\/resources\/cyber-monday-black-friday\/7376\/\">Cyber Monday versus Black Friday Pareto<\/a><\/li>\r\n\t<li><a title=\"hamburger pareto\" href=\"https:\/\/staging.opexlearning.com\/resources\/money-spent-on-hamburgers\/5736\/\">Hamburgers 80\/20<\/a><\/li>\r\n\t<li><a title=\"80\/20 forbes billionaire list\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-principle-and-the-forbes-billionaire-list\/4922\/\">Forbes Billionaire List 80\/20<\/a><\/li>\r\n\t<li><a title=\"snoop dogg 80\/20 foshizzle homie\" href=\"https:\/\/staging.opexlearning.com\/resources\/snoop-dogg-the-business-geek-foshiznit\/488\/\">Snoop Dogg Pareto Foshizzle<\/a><\/li>\r\n\t<li><a title=\"nps pareto of defects\" href=\"https:\/\/staging.opexlearning.com\/resources\/nps-customer-feedback-loop-lean-thinking\/10563\/\">Net Promoter Score Pareto<\/a><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<br>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-9324 size-full\" title=\"personal finance chart in a shape of a big pareto\" src=\"https:\/\/staging.opexlearning.com\/resources\/wp-content\/uploads\/2011\/10\/time-magazine-pareto-what-we-spend.jpg\" alt=\"80\/20 personal finance chart\" width=\"250\" height=\"318\" srcset=\"https:\/\/staging.opexlearning.com\/resources\/wp-content\/uploads\/2011\/10\/time-magazine-pareto-what-we-spend.jpg 250w, https:\/\/staging.opexlearning.com\/resources\/wp-content\/uploads\/2011\/10\/time-magazine-pareto-what-we-spend-235x300.jpg 235w\" sizes=\"(max-width: 250px) 100vw, 250px\" \/> My main interest was the Pareto on the front cover. Enjoy.<\/p>\n<ul>\n<li>Water 84 C<\/li>\n<li>Air $19<\/li>\n<li>Museums\/libraries $2<\/li>\n<li>Public $31<\/li>\n<li>Sporting events $8<\/li>\n<li>Movie theaters $4<\/li>\n<li>Sporting $8<\/li>\n<li>Lotteries $8<\/li>\n<li>Pets $9<\/li>\n<li>Amusement parks $16<\/li>\n<li>Cable TV $29<\/li>\n<li>School lunches $3<\/li>\n<li>Housing at schools $9<\/li>\n<li>Hotels $25<\/li>\n<li>Alcohol purchased with meals $26<\/li>\n<li>Restaurant meals $161<\/li>\n<li>Securities commissions $13<\/li>\n<li>Pension funds $14<\/li>\n<li>Financial service fees $31<\/li>\n<li>Investment advice $33<\/li>\n<li>Insurance $94<\/li>\n<li>Laundry\/dry cleaning $3<\/li>\n<li>Postal\/delivery service $3<\/li>\n<li>Day care\/nursery schools $4<\/li>\n<li>Lobor-organization dues $4<\/li>\n<li>Moving\/storage $5<\/li>\n<li>Landline telephone $5<\/li>\n<li>Funeral\/burial services $7<\/li>\n<li>Accounting\/business services $10<\/li>\n<li>Internet access $19<\/li>\n<li>Personal-care services $34<\/li>\n<li>Legal services $34<\/li>\n<li>Cell-phone services $36<\/li>\n<li>Foreign travel $43<\/li>\n<li>Higher education $57<\/li>\n<li>Medical laboratories $12<\/li>\n<li>Home healthcare $30<\/li>\n<li>Dental services $38<\/li>\n<li>Nursing homes $51<\/li>\n<li>Physician services $138<\/li>\n<li>Hospitals $277<\/li>\n<li>Natural gas $16<\/li>\n<li>Electricity $60<\/li>\n<li>Housing $557<\/li>\n<li>Outdoor equipment $2<\/li>\n<li>Tools $6<\/li>\n<li>Dishes $6<\/li>\n<li>Appliances $14<\/li>\n<li>Furniture $29<\/li>\n<li>Bicycles $2<\/li>\n<li>Musical instruments $2<\/li>\n<li>Pleasure boats $3<\/li>\n<li>TVS $13<\/li>\n<li>Computers $17<\/li>\n<li>Children&#8217;s clothing $5<\/li>\n<li>Shoes $21<\/li>\n<li>Men&#8217;s clothing $35<\/li>\n<li>Women&#8217;s clothing $59<\/li>\n<li>Tires $8<\/li>\n<li>Accessories\/parts $10<\/li>\n<li>Used autos $18<\/li>\n<li>New autos $27<\/li>\n<li>Fuel oil $8<\/li>\n<li>Gas\/other motor fuel $139<\/li>\n<li>Seafood $5<\/li>\n<li>Wine $9<\/li>\n<li>Fresh fruit $10<\/li>\n<\/ul>\n<!--CusAds0-->\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Time Magazine came out with a special issue in October that shows a very nice Pareto Chart on the cover. The topic is entitled &#8220;What we Spend&#8221;. The article explaining the Pareto Chart on the cover is equally interesting. It explains an average breakdown of what Americans spend their money on.\u00a0The list below is long, [&hellip;]<\/p>\n","protected":false},"author":12327,"featured_media":9324,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[64],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Personal Finance Chart in a Shape of a Pareto<\/title>\n<meta name=\"description\" content=\"What American spend their money on is described in a Pareto Chart. 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