A daily money manager helps people deal with their daily financial affairs, provides a personal service to help manage and organize your life, freeing you from unwanted tasks…
The actual work a Daily Money Manager handles depends on our clients needs; however, the scope of services generally includes:
- Bill paying, including resolving issues and preparation of checks for a client’s signature
- Balancing checkbooks and organizing bank records
- Reviewing investment/brokerage statements
- Reviewing credit card statements
- Preparing and making bank deposits
- Organizing documentation for tax preparer
- Negotiating with creditors
- Reviewing medical insurance papers – bills, Explanation of Benefits, etc. – and verifying proper processing of claims
- Setting up and maintaining financial files
- Acting as intermediary with legal, tax and investment professionals
- Being a client advocate for other service providers – cleaning services, remodeling, etc.
Paying the bills…
As personal financial matters become more complicated, finding the time to focus on the daily tasks of money management becomes more difficult. Daily Money Managers offer services to ensure nothing falls through the cracks including necessities like paying monthly bills, assisting with tax records, balancing checkbooks and keeping you organized.
A Daily Money Manager brings clarity and order to an individual’s daily life.