WHAT IS A DAILY MONEY MANAGER?
Personal finance can become more complicated and difficult to manage as we age. A daily money manager, or DMM, will work with you, your client or your loved one experiencing problems with financial management to ensure bills and payments don’t fall through the cracks, records are kept up-to-date, taxes are handled, and medical bills understood.
A great DMM is detail oriented, intuitive, trustworthy, and a team player. We are proud to have among the best in the business on our team. Learn more about the Everyday Money Management team.
DAILY MONEY MANAGEMENT SERVICES
Typical daily money management services range from mail management and expense tracking to budgeting and bill paying.
Everyday Money Management provides the following in-home or virtual services, tailored for each client:
Bill Paying Service Management
Mail Management
Expense Tracking and Budgeting
Banking and Notary Services
File Management
Financial Concierge Services
Tax Organization
Insurance Claims Management
Whole Life List
WHO CAN BENEFIT FROM DAILY MONEY MANAGEMENT
While some daily money managers focus on different types of clients such as busy professionals, and small businesses, our team at Everyday Money Management delivers specialized financial management services primarily for senior citizens and busy professionals and families.
We work with our clients directly, through their families, or through fiduciaries (agents under power of attorney, guardians, trustees, or estate executors).
Individuals
Whether managing your finances has become a challenge or you simply would prefer to spend your time in more pleasurable activities, daily money managers can take care of the financial details for you without getting in the way of your independence.
When you work with Everyday Money Management, you will not be giving up control of your accounts or your checkbook. Our goal is to make you feel more in control knowing that a competent daily money manager is assisting you. With professional management of your finances, you will continue to live where and how you would like for as long as you can.
“What I like about Everyday Money Management is the reliability and the regularity of appointments. They think of all the things I don’t think of and the ones I am thinking of. It gives me the confidence to not worry about my finances.”
Families
Daily money management services make it possible for seniors to remain independent while staying financially secure and reducing stress for them and their families.
If you are now in charge of a relative’s finances, Everyday Money Management can help manage their day-to-day needs while empowering them to make important financial decisions with your guidance. We monitor their accounts for unusual activity while also ensuring they remain up-to-date with paperwork and bills. We can also act as advocates and liaisons with local care managers, insurance representatives, accountants, and other professionals to ease the time-consuming burden of managing these relationships, particularly from afar.
“Lisa, you are very much appreciated for getting Betsy’s [pseud.] financial life back under control. She sees you as a friend and is so happy to have you helping her and so am I. She wouldn’t be where she is without your help. ”
Professionals
Daily money managers act as liaisons between clients and their caregivers or other professionals. Whether providing financial reports, collecting the documents you need, or simply enabling effective communication between you and your client, our job is to make it easier for you to do yours.
We organize and track all income and expenditures, ensuring every bill is paid on time and to the correct providers. Everyday Money Management’s thorough documentation provides for quick and easily accessible reporting and analysis. Our daily money managers can also help with gathering paperwork from clients’ homes, as well as making sure they understand and fulfill your requests for information when it is needed.
“As a CPA, when my clients use Everyday Money Management, I am confident their financial affairs are being handled professionally, honestly, and with compassion. They have the experience and resources to meet any challenge.”
CONNECT WITH YOUR DMM