Members in the News
The Society of Certified Senior Advisors CSA Journal: Daily Money Management: More than Dollars and Cents
Who Needs a Daily Money Manager? A wide variety of people, including busy professionals and older adults, may benefit from the services.
Amy Carrick, CDMM, was recently interviewed by the Weekly Wealth Podcast about the roles that a daily money manager can play and how Amy handles the daily financial affairs of her clients.
Money managers can help you get fiscally fit in times when every dollar matters. Many daily money managers now offer services for the time-strapped or those who need an extra nudge.
AADMM member Paula K. Canaday-Daeke, is the guest speaker this week for the Center for Financial Social work on "Is there such a thing as a COVID-19 Budget?" Nearly half (43%) of Americans consider themselves financially insecure and doubt their circumstances will...
Daily money managers help consumers manage their monthly expenses and handle their bills all the time, says Barbara Boustead, a board member of the American Association of Daily Money Managers.
CNBC - When financial advisor Liz Miller took on a client whose spouse had recently died, she realized a piece of the survivor’s financial life needed more attention than her wealth management services would provide. That is, the client needed help with the basics of...
Forbes – In her earlier life as an insurance broker, Karen Rosenberg Caccavo learned how challenging it can be for people to manage their financial lives. “It was an easy transition from business consulting to daily money management — still working with people one-on-one, but I see a greater need for this service. I am using my skills and giving back.”
Kiplinger – Consider hiring a daily money manager to help pay the bills, deal with creditors and organize tax documents, among other services. Once you’ve simplified your finances, make a list of all your assets along with key contacts such as financial advisers, accountants, insurance agents and lawyers, says Lewis Knopf, a daily money manager in East Rockaway, N.Y.
A licensed clinical social worker for almost forty years, Barbara decided she would like to assist with the many money management needs of especially seniors and veterans who do not have adult children or family members or friends to help them.
AARP – Imagine having someone who makes sure your bills are paid on time, organizes your tax documents and hands them off to your accountant, and even follows up with your insurance company because you were supposed to be reimbursed for physical therapy. “We are different from bookkeepers and accountants,” says Alison Salisbury.