Daily Money Management Services for Aging Adults
We're here to help older adults who can’t, don’t, or shouldn’t manage their daily financial affairs.
Let's Talk About It...
Helping Seniors With Daily Money Management Since 2018
Meet Jill Chambers, Founder and President, sharing how we help our elderly clients with their day-to-day money management, including accurate, on-time bill payments, with ongoing record keeping. As Daily Money Managers, we ensure bills get paid and cheques get deposited.
Enjoy Peace of Mind With Daily Money Management Services
Declines in managing finances are quite common among older adults and can often cause serious health and life problems. Getting a better grasp of daily money management practices helps reduce overall stress, lower debt levels, stop late fees, and a host of other unnecessary risks that impact the financial health and security of our loved ones. Daily Money Managers are trusted professionals who take on different roles to help seniors age in place and take care of tedious yet important financial affairs. Some of these important activities include:
HELP WITH DAY-TO-DAY BANKING
MANAGE BILL PAYMENTS
COMMUNICATE WITH YOUR TRUSTED PROFESSIONALS
MONITOR FOR FRAUD
APPLY FOR SENIOR CITIZEN DISCOUNTS
FILE INSURANCE CLAIMS
Day-to-day Banking
Reconciles bank and credit card statements
Electronic Accounts
Establishes electronic bill payments and auto debits
LIAISE WITH YOUR TRUSTED PROFESSIONALS
Joins your team of professionals to manage your financial affairs
DELIVERS EXTRA VALUE
Monitors for fraud; applies for senior discounts; files insurance claims
Then we create for you:
Record Keeping System
Set up and maintain a record keeping system
Secure & Protected
Protect your confidential information by uploading to our secure CRM system
Who Are Money Management Services For?
For seniors, management of daily financial obligations can become an overwhelming burden.
For many older adults, without the ongoing help of a loved one or a daily money manager (DMM), they could be at-risk for unpaid bills, undeposited cheques and the negative consequences of cut-off utilities, bank foreclosures, and financial exploitation.
At Financial Concierge™, we’re proud to offer a unique, heartfelt service that fills a much needed financial service gap for older adults – help with managing their daily financial affairs so they can age in place with dignity, on their terms.
As a fiduciary, the Financial Concierge™ team holds a position of trust with our clients. We can coach your personal representative(s) or act as your personal representative in the management of your financial affairs and estate.
Clients we serve are often found in situations similar to these:
- Difficulty determining change or paying for a purchase
- Difficulty balancing a chequebook, or having an overdrawn account
- Forgetting where they put their cash
- Unusual charges on a credit card bill, or unusual merchandise in the home
- A pile of mail with overdue bills
- Seniors who simply want peace of mind through this kind of support
Foundational to our daily money management services is the development of our Family Playbook™. It organizes important personal and financial documents, passwords, and outlines wishes regarding final arrangements in one easy-to-access location.
We are here to help.
Financial Concierge has a national team of dedicated, seasoned professionals with diverse financial service backgrounds and is:
- a member in good standing with AADMM,
- an incorporated company with annual audited financial statements,
- a recognized affiliate of CARP,
- accredited by the Better Business Bureau, and secured $2 million in professional liability insurance.
Contact us for a 30-minute Zero Obligation Introductory Call for Daily Money Management.
Let's Talk About It...
Daily Money Management
For seniors, management of daily financial obligations can become an overwhelming burden.
Clients we serve are often found in situations similar to these:
- Difficulty determining change or paying for a purchase
- Difficulty balancing a chequebook, or having an overdrawn account
- Forgetting where they put their cash
- Unusual charges on a credit card bill, or unusual merchandise in the home
- A pile of mail with overdue bills
- Seniors who simply want peace of mind through this kind of support
Foundational to our bill payment/DMM services is the development of our Family Playbook™. It organizes important personal and financial documents, passwords, and outlines wishes regarding final arrangements in one easy to access location.
we also assist
Remote Caregivers
If you are caring for an aging loved one, it can be an emotional and stressful time. And, as your parents age, cognitive abilities decline, along with the ability to manage their finances. A recent New York Times article discusses seniors’ financial problems – “As Cognition Slips, Financial Skills Are Often the First to Go”.
An experienced DMM can provide day-to-day bill payment and personal financial services for elderly parents, giving peace of mind to the senior and adult children that their financial affairs are being taken care of properly and professionally.