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The KPIs of Wealth Management
Manage episode 311328831 series 3108568
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Unless you own a business you've probably never heard of the acronym "KPI". You may even think we are talking baseball. KPI stands for Key Performance Indicator. KPIs are the critical (key) indicators of progress toward an intended result.
No matter where you are in your personal financial journey, having KPIs that are unique to you and quantifiable are vital. They will tell you whether you are on track to reach your own financial goals.
On today's episode of the "Sharing the Illumination Wealth Podcast", we discuss the importance of establishing KPIs, the difference between leading and lagging KPIs, and four KPIs you may want to incorporate into your financial life management for success.
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