Peace of Mind Daily Money Management

06/09/2023

Artificial intelligence can make it easy for scammers to replicate your voice from a brief audio sample. They can mow make a voice message saying whatever they want in your voice. It's not rude to simply hang up. Better yet, let your voicemail screen calls from numbers you don't recognize.

Cybercrime experts warn that new tech offers scammers frighteningly effective tools

12/01/2021

Disorganized essential documents are often a source of stress, especially when it’s time to find something. If you become frustrated and tell yourself yet again that you’ll get organized someday, a Daily Money Manager can make that happen.

Whether trying to find tax information, estate documents, or insurance policies, a DMM can organize, file, and make your paperwork easily accessible. DMMs can also scan your documents and retain backup copies in secure hard copy or virtual storage.

Peace of Mind Daily Money Management can whisk away the stress and frustration of your paper pile. Give yourself or someone you love the stress-relieving gift of organization this season!

Contact us at (405) 934-5083 or email [email protected].

Peace of Mind Daily Money Management provides a wide range of in-home and remote financial, personal, and household services primarily to seniors in the Oklahoma City metro area.

11/08/2021

https://secure.aadmm.com/money-matters/daily-money-managers-help-settle-estates/

Daily money managers help to settle estates, collaborating with clients’ attorneys, accountants, and financial planners to attend to the probate process.

11/08/2021

"Sometimes it's not the big picture that you need help with but the daily expenses. For instance, you may be a 60-year-old overwhelmed by tracking your 90-year-old mom's medical bills and caregiving costs."

A Daily Money Manager can be an integral part of your financial team.

Find out what qualifications financial specialists should have to help with questions on taxes, paying bills or planning for retirement.

11/05/2021

What is a Daily Money Manager (DMM)?
A Daily Money Manager (DMM) is an organizer, advocate, educator, observer, coordinator, and partner, who helps those who are having difficulty managing routine tasks.

How does it work?
Depending on your situation, services are provided in-home or remotely, on a temporary or ongoing basis.

We can advocate for you with creditors, negotiate on your behalf for services, and put you in touch with other professionals such as attorneys and CPAs.

What else should I know?

We can step in on a temporary basis after an illness or injury until you're back on your feet.

We monitor bank and credit card accounts for fraud and review expenses with you to make sure they're intentional and necessary. In this way, we can save you money.

We organize your documents and create a book of essential information for your heirs.

We monitor for various types of scams while teaching fraud and scam recognition and prevention.

10/28/2021

Recognizing Debt Collection Scams

Don’t be the next victim of a debt-collection scam. Here’s all you need to know about these scams.

10/26/2021

This is one of those potentially uncomfortable issues that people, as they age, should look into and at least have a tentative plan in place. What if recovery from an accident or surgery takes longer than expected? A DMM can be an excellent short-term option.

"Spiegler is what's called a solo ager: an older person with neither a partner nor surviving children. It's a growing group. In 2000, 16 percent of Americans 85 and older had no living offspring; by 2040 that number is expected to hit 21 percent. A recent SeniorCare.com study found that 78 percent of solo agers had no one to help with the bills or finances."

https://www.aarp.org/retirement/planning-for-retirement/info-2019/solo-aging-financial-plan.html

Jean Chatzky advises an independent retiree with no spouse or children on trusts, banks and more options to take financial control when needed.

10/19/2021

It's never too early to start taking steps to reduce your risk of dementia or Alzheimer's.

An aging mind isn't a weak one

10/15/2021

This article from 2016 is still one of the best overviews of the Daily Money Management industry and what DMMs do.

The first and last place you need to go to learn everything about Daily Money Managers. It includes what a Daily Money Manager (DMM) can do, why you would want one, who needs one, tons of free resources, and a whole lot more.