What is a Daily Money Manager?
A Daily Money Manager (DMM) is a professional who helps people manage their day-to-day monetary affairs. DMMs can organize and track financial and medical insurance papers, pay bills and maintain bank accounts. DMMs can also refer to other professionals such as tax, legal and investment advisors as needed. If you lack time or struggle with bill paying, preparing checks and bank deposits, balancing your checkbook or organizing and maintaining financial records, you are not alone! A Daily Money Manager can help you with these tasks. Here’s a great article from Lynnette Khalfani-Cox, personal finance expert and contributor to AARP magazine about daily money management.
There are times when a little assistance makes life a lot easier. It may seem strange to some that people who have cared for their own finances for years suddenly need help from someone else. For many aging citizens, that is the case.
FAMILY MEMBER OF A LOVED ONE
Life does not always get easier as it continues on. The daily tasks of financial maintenance (i.e. paying bills, avoiding financial traps, health coverage) are still ongoing realities. Many adults have seen their loved ones go through a handful of financial problems that arise as they age.
Barbara knows from her experience helping her brother Eugene, a Vietnam veteran, just how difficult it can be for veterans to handle all the day-to-day financial and healthcare issues that are bound to develop. That’s why she’s available to help clients make sure all the details are properly addressed.
Mary’s Daughter provides services uniquely designed to fit your individual needs. Whether you require our assistance on a weekly, monthly, quarterly or even annual basis, our mission as your Daily Money Manager is to ease the burden of managing financial tasks so you can live your life without the worry of whether or not a bill has been paid.We guarantee expertise, confidentiality and experience in our daily money management services. We are dedicated to reducing stress and providing you with peace of mind for your financial matters. Our goal is to advocate and work on your behalf in matters of daily finances.
Barbara Boustead is an excellent money manager and well suited for working with the elderly…
My friend Helen had been independent all her adult life and reluctant to give up any control over her finances and yet she knew she needed help. SAIL suggested she contact Barbara Boustead of Mary’s Daughter to help her. Barbara helped her with paying bills, writing checks, getting information for her, changing her address when she moved, helping her sort her papers, etc. I was impressed with her expertise but even more impressed with her patience and kindness and trustworthiness. I know that Helen was pleased with the work that Barbara did for her. Barbara Boustead is an excellent money manager and well suited for working with the elderly.
Mary Caulfield, POA
Some of our Services
- Opening and sorting mail
- Bill Paying
- Banking and reconciling checking/savings accounts
- Organizing legal and medical documents
- Advocating on behalf of clients
- Partnering with clients’ financial planners, accountants and service providers