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Financial Paperwork Got You Down?

Financial Paperwork Got You Down? by | | AADMM Money Matters blog | 0 comments

How to Select the Best Daily Money Manager to Help You One of the challenges many people face is staying on top of their financial paperwork. Over the past several months, I have received an increasing number of calls and emails from individuals requesting assistance with their personal financial matters as well as the finances of family members. Professional colleagues have also reached out more frequently to inquire about money management and budgeting assistance for their clients. How Can I Help? When someone contacts me to request information, I talk with them about what I do as a Daily Money Manager (DMM) and ask if they would like to have a phone call or introductory meeting via Zoom to discuss their specific situation. When appropriate, I also encourage people to go on the Frequently Asked Questions page of the AADMM website. Once they have had a chance to learn more about AADMM and DMM services, I find that having a conversation allows me to answer specific questions and address any concerns that they may have. The following is a list of those who may need the services of a DMM. Who Benefits from a Daily Money Manager?

  • Older adults can benefit from the services of a DMM as the tasks of handling bills, deposits, and payments can become more challenging as we enter our later years — or we may simply choose to use our time differently

  • 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 physical or cognitive challenges that prevent them from being able to handle their financial matters themselves

  • High net worth individuals and families with complex financial lives

How to Find the Best DMM Match for You I also receive calls from people who request DMM services that I do not provide.  In that case, I offer to refer the individual to one or more of the highly qualified DMMs from a list of over 600 knowledgeable AADMM members. I have used the “Find A DMM” feature of the AADMM website on numerous occasions. All AADMM members are required to have criminal background checks bi-annually and must adhere to the AADMM Standards of Practice and Code of Ethics. DMMs who have achieved the designation of Certified Daily Money Manager (CDMM®) have successfully completed the CDMM exam, experience, and ethics requirements as well as adhere to an ongoing continuing education program to sustain their skills and certification. If you or someone you know is looking for assistance with their financial paperwork, please check out the AADMM website to find a DMM in your area or one that works remotely as a few states do not have DMMs at this time. Selecting the right DMM professional based on your needs and who is best suited to work with you is an important first step to getting your financial paperwork organized. ——————-


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Daily money managers are much more than bill payers. True, the core of many daily money managers’ work often involves paying bills on time, reconciling accounts, organizing financial paperwork, and ga

Daily money managers are much more than bill payers. True, the core of many daily money managers’ work often involves paying bills on time, reconciling accounts, organizing financial paperwork, and ga