Meet Your Your Daily Financial Wingman

The Daily Money Managers Information Hub

When life gets busy or overwhelming, the bills still need paying and the paperwork keeps piling up. That’s where Daily Money Managers come in. They’re the pros who handle the everyday money stuff like organizing finances, paying bills on time, spotting fraud, and keeping everything running smoothly. Whether you’re aging in place, grieving a loss, or just tired of the clutter, a DMM can bring clarity, peace of mind, and a whole lot less stress.

Daily Money Managers Information Hub

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Key Things To Know

Before you hire a Daily Money Manager or recommend one to a loved one, here’s what you should know.

  • They handle the small stuff: Think bill payments, budget tracking, and document sorting
  • Not financial advisors or CPAs: They manage day-to-day money tasks, not long-term investments or taxes
  • Great for older adults: Especially helpful for people aging in place or experiencing cognitive decline
  • Also support younger clients: Busy professionals, people with disabilities, and caregivers benefit too
  • Can reduce family stress: Hiring a neutral third party can avoid tension over finances
  • May notice early fraud: They’re often the first to catch billing mistakes or suspicious charges
  • Can collaborate with other pros: They work well alongside attorneys, accountants, and advisors
  • Credentialed options available: Look for members of AADMM or those with the CDMM certification
  • Hourly or flat fees vary: Most DMMs charge based on services and client complexity

Frequently Asked Questions

Still have questions about Daily Money Managers? Here are answers to the most common ones.

A Daily Money Manager (DMM) is a professional who helps individuals manage routine financial tasks like bill paying, budgeting, and organizing documents.

No. DMMs complement financial advisors, accountants, and attorneys by handling day-to-day financial organization, not long-term planning or tax filing.

Older adults, people with disabilities or chronic illness, busy professionals, caregivers, and individuals managing a loss often benefit from a DMM’s support.

There is no government license, but many belong to the American Association of Daily Money Managers (AADMM) and some earn the CDMM certification.

The Certified Daily Money Manager designation shows a DMM has passed an exam, met experience requirements, completed a background check, and follows a code of ethics.

Fees vary. Most charge hourly or flat rates depending on the complexity and type of services provided.

Yes. Because they closely monitor financial activity, DMMs often catch billing errors, suspicious charges, or early signs of financial abuse.

Yes. Many DMMs work closely with family members, caregivers, and people named in legal documents to make sure everything stays organized and above board.

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Disclaimer: The information provided on this website and by Buried in Work is for general informational purposes only and should not be considered legal advice. Please consult with a qualified attorney or subject matter expert for advice specific to your situation.