AADMM in the News
If managing your daily finances becomes difficult, consider using a daily money manager. Only allow someone you trust to manage your finances.
If you believe your parent needs a helping hand with their financial chores, here are some tips and resources that can help.
The American Association of Daily Money Managers (AADMM) has announced the members of its 2021 board of directors.
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.
If you’re overwhelmed by managing your day-to-day finances or fear forgetting to pay bills and sinking further in debt, consider hiring a daily money manager.
A writer, for example, could work with clients to create memoirs and legacy letters. A person with financial expertise could become a daily money manager, helping an older person pay bills and handle other paperwork.
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.
Aging Life Care Professionals have extensive knowledge about the costs, quality, and availability of resources in their communities. AADMM and ALCA members may have clients in common that benefit from both services.
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.
Are you asked to help your family with finances? Rather than approaching it with a long-simmering grievance (“I’m not responsible for these people”), say this instead: “What can I do to help”