How Can True Assisting Simplify Your Life?

Have questions about how a Daily Money Manager can help you or your family? We’ve addressed the most frequently asked questions about our financial management services for Southern New Hampshire residents.

About Daily Money Management

What is a Daily Money Manager, and how can one help you?

A Daily Money Manager (DMM) is a financial professional who handles your day-to-day money tasks—the routine but important work that keeps your finances organized and current. We manage bill paying, account reconciliation, insurance paperwork, and financial document organization so you can focus on what matters most.

DMMs fill the gap between your big-picture financial planning and daily money management. While your financial advisor works on investments and retirement planning, and your accountant handles taxes, we manage the weekly and monthly tasks that keep everything running smoothly.

We help adult children manage aging parents’ finances from a distance and support retirees who want to maintain their independence. Our services prevent late fees, catch billing errors, organize important documents, and provide peace of mind knowing your financial life is in capable hands.

Do Daily Money Managers replace my accountant or financial advisor?

No, we work alongside your existing professional team. Your CPA handles tax preparation, your financial advisor manages investments, and your attorney assists with estate planning. We handle the daily tasks—bill paying, account reconciliation, document organization—that keep your financial life running between those bigger planning sessions. Many professionals appreciate working with us because we keep better-organized records and ensure nothing gets overlooked.

Security and Trust

How do you ensure client security and trust?

We’ve built our practice on accountability and protection. As members of AADMM (American Association of Daily Money Managers), we’ve cleared background checks and follow their code of professional ethics. We maintain proper insurance coverage, use encrypted systems for all client information, and provide detailed reports of our work.
You remain in control. Access privileges are yours to grant or remove at any time. Financial decisions stay where they belong: with you. We’re your financial assistant, not your decision-maker.

How do you protect against fraud and billing errors?

We monitor your credit card and bank transactions for unusual activity, incorrect charges, and potential fraud attempts. This vigilance has saved many clients significant money and stress, especially with the increase in scams targeting older adults. When we spot something suspicious, we alert you immediately, and your bank or credit card company is contacted to resolve issues quickly.

Service Delivery

Do you provide in-person or virtual services?

For residents of Southern New Hampshire: We offer both virtual and in-person services. We’ll work together to determine what best fits your needs. Most clients benefit from our virtual daily money management, which includes periodic in-person visits for document review or setup. Between any scheduled visits, we provide continuous virtual support for immediate needs or time-sensitive financial tasks.

For clients managing finances from a distance: We’ve designed secure systems that provide the same level of service through virtual channels. Using encrypted technology, we maintain the privacy and security you’d expect from an in-person visit while serving families who live out of state.

What technology do I need for virtual services?

Very little. We work with whatever technology you’re already comfortable using. Many clients prefer phone calls, others use video conferencing, and some involve family members for tech support. If we suggest a new tool that would benefit your situation, we’ll provide step-by-step guidance—no technical expertise required on your end.

Do you continue services when I travel or I’m away from home?

Yes. Virtual services continue seamlessly when you travel—that’s one of their biggest advantages. Bills still get paid, accounts get monitored, and nothing falls through the cracks. For local clients, we can coordinate mail management and home checks if needed during extended absences.

Working Together

How often will we meet or communicate?

We’ll assess your situation and recommend a communication schedule that fits your needs. Clients with more complex financial lives often benefit from weekly check-ins, while others do well with bi-weekly or monthly meetings. For virtual clients, we stay connected through secure email for day-to-day updates and schedule phone or video calls when we need to discuss things in more detail. We’ll start with our recommended schedule and adjust as needed.

Do I lose control of my finances if I hire you?

No, you remain in complete control of all financial decisions. We perform authorized tasks and never make decisions on your behalf. Think of us as your financial assistant, not your financial decision-maker. You approve actions, set spending guidelines, and maintain full access to your accounts at all times.

What if I have family members who want to be involved?

We welcome family involvement. Many of our clients specifically want family members kept informed, especially adult children, to help coordinate care for their aging parents. We include family members in communications, provide copies of reports, and coordinate with those who help with financial oversight. This transparency often brings peace of mind to everyone involved.

Client Situations

How do you help adult children manage their parents’ finances from far away?

This is one of our specialties. When you live in another state but need to ensure your parents’ bills get paid and their finances stay organized, we become your eyes and ears. We handle day-to-day tasks, alert you to concerns, coordinate with your parents’ other professionals, and keep you informed with regular updates. You stay involved in decisions without the stress of managing every detail from a distance.

Do you work with people who have dementia or cognitive decline?

Yes, we frequently work with clients experiencing memory challenges. We often coordinate with family members and healthcare providers to ensure appropriate support. Our services help maintain independence for longer by ensuring bills are paid on time, caregivers are compensated, and financial tasks don’t become overwhelming. Early intervention makes a significant difference.

Can you help during life transitions, such as the loss of a spouse or downsizing?

Yes, we provide valuable support during difficult transitions. We help manage documents after the loss of a spouse, coordinate bill transfers during moves, update account information, and ensure important payments continue uninterrupted during stressful times. Many families find our services especially comforting during these challenging times, when managing finances can feel overwhelming.

Do you work with retirees who are still active and traveling?

Absolutely. Many of our clients are in the active retirement phase and want the freedom to travel without worrying about bills, paperwork, or financial tasks piling up. We keep everything running smoothly while you enjoy your retirement. You can check in as much or as little as you’d like—we’ve got things covered.

Practical Details

How much do Daily Money Manager services cost?

We charge an hourly rate based on the complexity of services required. During your free consultation, we’ll discuss your unique situation and provide a cost estimate. Most clients find our services cost less than the late fees, overdraft charges, and billing errors we prevent—not to mention the peace of mind that comes with knowing everything’s handled properly.

How quickly can you start helping me?

For virtual services, we can often begin within a week of our initial consultation. If you need occasional in-person support in Southern New Hampshire, setup may take 1-2 weeks to schedule the initial assessment. Urgent situations (such as immediate bill paying needs) can sometimes be accommodated sooner. [Contact us](link to HoneyBook form) to discuss your timeline.

What’s the first step to working with you?

Schedule a free consultation to discuss your specific needs, answer any questions you may have, and decide if we’re a good fit. There’s no obligation, and you’ll leave with a clear understanding of how we can help.

Ready to simplify your financial life?

Whether you’re managing your own finances, helping aging parents from afar, or looking for support during a life transition, we’re here to help. Schedule your consultation now.