The 80:20 rule, also known as the Pareto principle, is like when you eat a plate of food, but only a few of the foods on the plate make up most of what you eat.
Let's say you have a plate of cookies with 10 different kinds. When you eat the cookies, you might notice that you end up eating the most of maybe just 2 or 3 types of cookies. So even though you have many different choices, only a small number of cookies are making up most of what you eat.
This rule can be used in many different things in life, not just cookies. It's kind of like saying that in many situations, a small number of things have the biggest impact or are the most important.
For example, imagine you have 10 toys, but you only end up playing with 2 or 3 of them the most. This means that even though you have many toys, only a few of them are the ones you like the best and spend the most time playing with.
Or let's say you have 10 crayons, but you only use 2 or 3 colors the most. This means that even though you have many crayons, you only really need a few colors to color your pictures.
The 80:20 rule can also be applied in other areas. For example, if you have a big list of homework assignments, you might find that 80% of your grades come from just 20% of the assignments. This means that even though you have many assignments, only a few of them are the most important for your grades.
So, the 80:20 rule is all about understanding that in many situations, a small number of things are the most important or have the biggest impact, even if you have many other choices or options available.