What Is Daily Money Management?
Daily Money Managers (DMMs) provide personal business assistance to clients who have difficulty in managing their personal monthly affairs. The services meet a continuum of needs, from managing and keeping track of financial and medical insurance papers, to assisting with check writing and maintaining bank accounts. Who needs the help of a DMM? There are many factors which contribute to the need for a DMM. DMMs work with senior citizens, people whose careers make it difficult for them to find time for their own paperwork, and with people whose medical issues simply make it difficult to keep up with their finances, among others. Within the senior client base, most have a need for DMM services due to a physical change precipitated by the aging process, such as limited vision, arthritis or other conditions that limit the ability to write, dementia, or a simple loss of ability to follow through on tasks. It is not uncommon for the adult child or an older person to seek the assistance of a