Money Management programs provide assistance to clients who have difficulty in managing their personal financial affairs. The services meet a continuum of needs, from organizing and keeping track of financial and insurance papers, to assisting with check writing and maintaining bank accounts. They can help recognize pertinent issues and make referrals to professionals and organizations qualified to provide other needed services. Programs may offer a variety of services:
- Bill paying
- Balancing checkbooks and maintaining organization of bank records
- Establishing a budget
- Keeping track of financial and medical insurance records
- Acting as a representative payee
Some local government and community organizations offer reduced-fee or free services for low-income clients. Professional Daily Money Managers may be available to hire.