Who Needs a Daily Money Manager?

  • Older adults can benefit from the services of a DMM as the task of handling bills, deposits, and payments become much more challenging as we enter our later years
  • People who are constantly on the road for work or pleasure
  • Those who prefer to pay someone to handle their daily finances
  • Busy professionals who have more money than time
  • Persons with disabilities that prevent them from being able to handle their financial matters themselves
  • High net worth individuals and families with complex financial lives

Why Hire a Daily Money Manager?

Why not just have a friend or neighbor handle your day-to-day money matters? While the low cost may be appealing, asking even a well-intentioned amateur to handle necessities like monthly bill payments, tax preparation, balancing checkbooks, decoding medical bills and negotiating with creditors can be risky as personal financial matters become more complicated. And the growing risk of elder financial abuse is well documented.

Why not just have a CPA or attorney perform money management tasks for you or yourolder relative? Well, the cost is likely to be much lower per hour for a DMM than for a CPA or attorney. And you need to have your personal money matters taken care of on a regular basis, so it’s better to have the CPA or attorney provide insight periodically, rather than paying them high rates to do bill paying and other daily financial tasks.

...or something like this:

A DMM is one of the professionals that you should hire to help you manage your personal finances along with:
A CPA or Enrolled Agent (EA) for tax preparation and financial advice
A Certified Financial Planner (CFP) or Registered Investment Advisor (RIA) to help you manage your investments.
An attorney to help you with your will, estate, or trust.


  • Kim was very helpful and knowledgeable. She made my online billing easy, She understood my needs and organized my documents accordingly. I will not hesitate for a single minute to recommend her services. She is just so wonderful!!