Daily money managers (DMMs) provide assistance to a diverse client base from busy professionals to retired seniors who have difficulty, or lack the time needed, in managing their personal monetary affairs, whatever the reason may be. These services are especially helpful for those individuals with busy careers, extensive travel schedules, or individuals who cannot perform their daily financial paperwork due to illness. Daily Money Management often encompasses the following:

• Organization of bills & invoices, including scheduling timely payments and preparation of checks and wire transfers for client's signature.
• Reconciliation of bank and other financial accounts.
• Receipt verification of all income sources.
• Making timely bank deposits.
• Auditing credit card statements and other statements for accuracy.
• Preparation of cash flow, investment and activity reports.
• Tracking financial activity.
• Preparation of computer records to track your spending and to assist in the filing of income tax returns.
• Communication with family members or professionals, such as lawyers, bank officers, tax accountants, or financial advisors.
• Troubleshooting account discrepancies with banking & credit institutions.
• Sorting and reviewing mail.
• Organizing files and paperwork. Maintaining organizational systems for easy information retrieval.
• Prepare financial records for use in tax returns or estate planning.
• Provide instruction to those who have interest in managing their household finances independently or more efficiently.