Less is more, more with less
Author and entrepreneur Richard Koch, in his book 80/20 Your Life, talked about the "law of focus: less is more" and the "law of progress: more with less".
He said that by concentrating on just the vital few, those things we believe are the most important, "we discover that less is more". Along with this, he preached that we can "create more with less", and that "we can always obtain or accomplish more of what we want with less energy, sweat, and worry."
That's the 80/20 principle at work. It applies to many aspects of life, including our wealth and finances.
In this issue, we concentrate on the vital few that we think are important or relevant to you, our subscribers, and aim to give you more with less through the stories that we pick.
Here's what we think you should know about the president's priorities in his State of the Nation Address (SONA) last year, our readiness for a possible demographic shock, and theater etiquette you may not know about.
With some great musicals and theater performances running in many venues these days, the last one is especially useful.
You're in good hands.
Metrobank Wealth Insights Team
Pre-SONA 2024: How did the government fare in its legislative agenda?
As President Ferdinand “Bongbong” Marcos Jr. prepares to deliver his third State of the Nation Address (SONA) on July 22, 2024, all eyes are on the administration’s legislative scorecard.
With inflation challenges, economic growth, and a host of priority bills in the balance, the question remains: How much has the government delivered on its promises from last year’s SONA?
Are we ready for a demographic shock?
Current population projections paint a grim future — by 2055, the Philippine population aged 65 and above will triple to 19 million, swelling from 5.9 million in 2020.
This demographic shift, if unaddressed, threatens to undermine decades of economic progress and stability.
Read more: Are we ready for a demographic shock?
Theater etiquette hacks: Make your theater experience more fulfilling
A theater’s atmosphere is not like a cinema. Although it is a social event, attendees are expected to act a bit more refined and well-mannered. It’s not about being haughty but rather it is showing respect towards the craft.
By now, you’re already familiar with the usual theater etiquette that you are expected to practice when attending plays, musicals, and other classical performances: dress for the occasion, do not talk or sing along in the middle of a show, and keep your phones on silent mode. These are things that every theater in the world would want their audience to follow.
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