Online banking gives you the ability to manage your accounts without visiting a branch in person. You can use your computer or mobile device to do banking-related tasks when it’s most convenient for you – even outside of normal banking hours. Many brick-and-mortar banks now offer a suite of online services, or you can choose
Automatic bill payment allows you to transfer money from your bank account, credit union or credit card to a creditor, service provider or other vendor without having to initiate the payment yourself. Automatic payments can usually be set for whatever time frame a bill is due – weekly, monthly, quarterly or even annually. If you
The new coronavirus COVID-19 has affected the lives of millions of people around the world. While you and your loved ones may already be taking steps to protect your health during the pandemic, you also need to protect yourselves from a new threat: scammers. Through phone calls, emails, and text messages, cybercriminals are using the
Although many of us avoid thinking about it, the situation or time may come when we cannot make important decisions for ourselves. It is important to consider who you want to manage your property, financial and/or medical affairs if you are unable to due to mental or physical incapacity. A power of attorney (POA) is
Just thinking about keeping track of financial, legal and personal documents can be stressful. Now that 2019 has come to an end, you may be feeling overwhelmed by the pile of receipts, pay stubs, tax forms and other business and/or personal paperwork that accumulated during the year. What you may not realize is that it’s
Many of us who are caring for elderly parents are also navigating the challenges of our millennial children. Today’s financial landscape for millennials is very different from our own and we may, unknowingly, be steering them in the wrong direction. direction. Stefanie O’Connell, author of The Broke and Beautiful Life, and Chelsea Fagan of The Financial Diet share their advice
Being a caregiver for elderly relatives or loved ones is never easy. As Daily Money Managers we help many caregivers by offloading some of the day to day responsibilities of paperwork and administrative tasks. But it’s becoming harder than ever to cope with and navigate the legal system to get the help, advice and representation you may
Want to know how some of the top finance experts stay organized? We did too. So we asked 10 bloggers, authors and other financial experts to share some of their best tips… things they’ve seen work over the years. The list below features their best ideas and strategies for managing your finances. 10 Expert Tips for Managing Your Finances: 1.
Elderly financial abuse is all too common. According to a MetLife study, an estimated one million American seniors lose a total of $2.6 billion annually from financial abuse. In 55% of those cases, family members and caregivers were to blame. While caregivers are more likely to be the abuser than a family member, it shows that the people
Finding great activities to do as a senior isn’t always easy. Below is a comprehensive list of all the best activities we know. Everything is divided between indoor and outdoor activities to make it easier to find something that suits your needs. Here’s the full list of activities: The Best Outdoor Activities for Seniors: Walking Going on a walk is great
