What is a Daily Money Manager?

A Daily Money Manager is an individual providing personal business and/or social support assistance to clients who have difficulty in managing their personal monetary affairs. The services meet a continuum of money management needs, from organizing and keeping track of financial and medical insurance papers to assisting with check writing and maintaining bank accounts. A Daily Money Manager can also track spending and help with budgeting. Social support can include a variety of related services such as arranging for necessary in-home care and medical appointments, and providing information regarding community resources available to meet other needs.

Information supplied by the American Association of Daily Money Managers (AADMM)