A Daily Money Manager (DMM) is a person that helps you keep your day-to-day finances in order. Often they are in charge of doing things like bill payments, paperwork, and tax documents. DMM’s are frequently hired by elderly clients to manage their financial accounts, they can even be given power of attorney. Other times people …
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We all like to spend money and keeping track of that money is part of maintaining a healthy budget. Budgeting allows you to see how much you are spending versus what you should be spending. Ideally living below your means keeps you in a good position to put the surplus in savings for things like …
A Daily Money Manager (DMM) is a person that helps you keep your day-to-day finances in order. Often they are in charge of doing things like paying bills, budgeting, and organizing documents. You may have never heard of them, but the profession has been around for about 15 years now. DMM’s are frequently hired by …
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A very effective way to involve and educate the members of your community is by giving a presentation that is of interest to them. A good community presentation should consist of a live group setting where people have the opportunity to interact with one another and the presenter. The presentations I offer are centered around …
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It’s so tempting to bury your head in the sand and ignore your finances. Especially if you aren’t financially savvy or you feel like you don’t know what you’re doing when it comes to creating and managing a budget. I’m here to tell you that it does not have to be scary. As a matter …
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I recently read a story about an elderly gentleman who was talking with a woman over email. She had told him that she needed money to feed her daughter and herself. By the time the man’s daughter was able to get involved, the man had given over $700,000 to this woman – almost his whole …
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Sadly enough, we’ve all heard a story about someone’s elderly parent who was the victim of a financial scam. Whether they were taken for thousands of dollars that they’ll never get back or their credit card was fraudulently charged, the situation is very unfortunate. Because of the frequency of these misfortunes, it can be difficult …
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It’s easy to confuse Quickbooks and Quicken if you are unfamiliar with them. It also doesn’t help that their names are almost identical – one can easily assume that since they both start with ‘Quick…’, the two terms talk about the same thing. Without more fuss, let’s talk more about the differences between these two …
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Paying bills can be a monthly headache, but with technology and other programs, making your monthly payments can be a simple process. You may spend each month going through your mail, writing checks and sending out payments through envelopes. What a time-consuming process that also adds an extra expense as you must buy stamps and …
A daily money manager manages the day-to-day financial needs of their clients. They can do a wide variety of services, such as balancing checkbooks, pay bills, gather tax documents, help form a plan to reduce or eliminate debt, and much more. Just as the services offered are varied, so are the clients a daily money …
Continue reading “Life Events That Warrant a Daily Money Manager”
