The Daily Money Management Program

When the demands of maintaining one's finances become difficult because of physical or mental disabilities, we step in to assist. The Daily Money Management Program began in 1990 and is designed to help maintain the highest possible level of independence for persons who are having difficulty managing their daily financial activities.

Trained volunteers provide in-home assistance with budgeting and bill paying, insurance or legal dilemmas, or other financial needs. For those who need more advanced maintenance of their income and monies from government assistance programs, we can serve as a representative payee. All cases include an initial professional assessment followed by regular visits by volunteers.

Help may be needed when:
  • A person who has always taken care of the family finances is no longer available
  • Physical disabilities prevent travel to the bank or other financial institutions
  • Memory loss inhibits keeping track of income and bill paying
  • Caregivers are caught unaware or unprepared and need assistance
  • A Representative Payee or family surrogate is needed for Social Security or other entitlement beneficiaries

Our program offers:
  • Connections with other financial and legal resources and information on insurance, Medicare and Medi-Cal
  • Help with financial difficulties such as negotiating payment plans with creditors, applying for government benefits, financial and legal planning, and income tax preparation
  • Assistance with completing claim forms, monthly check writing, maintaining and balancing checkbook, and
  • Services to clients on Social Security or government pensions who need a trustworthy person to act as a designated agent for handling their government benefits.

The Daily Money Management Program is closely monitored by the City of Santa Monica and by the Technical Advisory Group of professionals. It is also audited annually by the Social Security Administration.

For more information on the Daily Money Management Program, or if you are interested in vounteering for the DMM Program, please call (310) 394-9871, ext. 234 or email dmm@wiseandhealthyaging.org

For a complete listing of volunteer opportunities at WISE & Healthy Aging, please click here