The Role of a Daily Money Manager

Day to day chores is the challenge that everyone faces today.  We provide a wide range of personal assistance to clients, usually families being overwhelmed with financial responsibilities in this increasingly complicated world.  This is something we can all relate to.  The financial burdens will never go away; at best we can only hope to stay on top of them.  Whether you are a growing family with young children, or caring for an elderly parent or dear loved one, the burdens can be very overwhelming. Balancing this out while holding down a full-time job can oftentimes be difficult and seem next to impossible to do.  Have you ever heard of the term Daily Money Manager?  Most people have not but that will change soon. 

Our specialty in working in this capacity.  We help people manage the increasing monotony of their family finances.  It can be as simple as just organizing all of the mounds of paperwork that reside in draws and filing cabinets in a house, or it can be much more encompassing to include all aspects of their finances, including the filing of tax returns and family planning issues.  We are a resource for advise and assistance, so that finances, which are neglected by many, do not const you more than they need to.  We offer our clients the option to completely outsource their finance function to us.  This means that we pay all of their bills, maintain their bank accounts, track their spending via credit and debit cards, and keep track of all investment activity flowing through brokerage and retirement accounts. 

The value offered with this function is that it allows our clients to quickly see where they are spending their money, while at the same time offering them an easy mechanism to build a budget and set goals, such as saving for retirement or vacations.  In addition, with the ability to track their investments, we offer a quick and simple way to get an immediate synopsis of their tax situation in a real time manner.

Some additional services include saving you time and hassle, by negotiating on your behalf, and help prepare you for any major purchases you may be contemplating. We can help you see where money is going to, and put your net worth together easily.  This is all part of the tracking process that we go through when we put our set our clients up electronically.

These services may include (but not limited to) acting as an agent such as:

• Power of Attorney
• Representative Payee
• Property Management Guardian
• Medical Expense Billing and Dispute Resolution with Insurance Companies

We take this responsibility very seriously.  When dealing with our elderly clients, we are clearly aware that offering daily money management services is often the sole determinant in whether they can remain safely at home (independent).  This can literally save their lives as well as the sanity of family members.

Also, more often than not, we usually end up saving our clients money.  As part of the work we do, we do a financial check-up on just about everything we can think of.  This usually uncovers some expenses that can be reduced or eliminated all together.  While many companies charge a percentage based fee for any money saved, we do not believe that this is appropriate and do not practice this. 

Our business model is governed under the term Daily Money Management and is broken down into two disciplines:

1. Elderly and Incapacitated
2. Adults and Expatriates