How a Daily Money Manager Can Make Your Life Easier

How many times have you experienced late credit card payments? How about bounced-check charges? It’s not something one feels good about. What’s more, it could have been avoided if only you were a little less busy, or you if only you’ve set up your financial system a little better. It’s the “if-only” that bites you. It’s understandable why you get in the situations mentioned. For a lot of people, money management may be intimidating but the good news is, it doesn't have to be. Luckily, a daily money manager can take this burden off your shoulders.

Why You Need Help Managing Your Finances

Whether it’s family, work, or business, it’s easy to get caught up in the daily grind and feel overwhelmed. The stress of getting your finances straight and organized is bearing down on you. You know you need to do something ASAP. You can’t miss another credit card payment and get penalized by charges. It’s time you hire a daily money manager aka DMM.

You’ll be surprised how a daily money manager can make your life so much easier – leaving you more quality time with family and things you care about. A trusted daily money manager can help you with:

• Organizing and tracking financial records

• Balancing checkbooks and organizing bank records

• Ensuring credit card statements and medical bills are accurate

• Submitting and monitoring medical insurance claims

• Processing and organizing backlogged paperwork

• Keeping track of our income and expenses

• Creating a budget and spending plans

• Compiling tax & legal documents

• Resolving credit disputes

• Paying bills; Organizing mail, etc.

Daily money managers aren’t just for professionals who need help in getting their financial affairs sorted out, DMM’s can be a huge support for those with cognitive abilities. These adults with diminished capacities make them easy targets for fraud and scams. Having a daily money manager will prevent that from happening.

Finding A Trusted Daily Money Manager

It’s quite understandable that you should be protective of your information and privacy. You don’t want prying eyes accessing sensitive data. Therefore, you must find a daily money manager that can be trusted. The profession is not regulated, so you are left alone to find someone who is professional, reliable, and honest.

A good starting point is to contact the American Association of Daily Money Managers (ADMM), the national organization that sets professional guidelines for its 700 members, who must abide by an ethics code. You can also ask for referrals from neighbors, financial and/or healthcare professionals. Also, consult with your state attorney general's office as well as the Better Business Bureau before committing to a DMM. Check if lawsuits or complaints against the daily money manager have been filed.

If you partner with Carolina Money Minders, you are assured of security and confidentiality as well as detailed reports of your finances. Carolina Money Minders also offer a customized solution that is suited to your lifestyle because as far as financial management goes, no size fits all. Contact Carolina Money Minders now.