Why Seniors Should Consider Daily Money Management

If a senior is unable to manage their daily money issues, they could lose their homes and more. Daily money management can help seniors live independently and keep money issues under control.
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Denver - Colorado - US

Jan. 30, 2012 - PRLog -- The Society of Certified Senior Advisors has released an article that discusses the importance of managing the daily finances of a senior’s household and how seniors can obtain assistance while remaining in control of their own finances. Many professionals advise seniors about estate planning and asset management, but they often do not provide the necessary information about the daily management of financial affairs and related domestic matters.

Excerpts from article:

How do you know when a senior needs this service?

According to the U.S. Agencies on Aging, National Center for Elder Abuse website, it’s time to enlist help for a senior when the senior:

•   Fails to pay bills on time, resulting in discontinued utilities, late fees, or penalties.
•   Pays the same bills multiple times.
•   Cannot keep track of assets or property, or loses checks, cash or, credit cards.
•   Forgets to open and pay bills, deposit checks, and record expenses.
•   Spends excessively on useless items or makes irresponsibly large donations to charities.

To find an appropriate person to help with finances, consider asking for a referral from a professional you trust, such as an elder law or estate attorney.

This press release contains only small excerpts from its original source. To read the full length of, Why Seniors Should Consider Daily Money Management, visit our Financial Library at http://www.csa.us/FinancialLibrary.aspx

The Society of Certified Senior Advisors (SCSA), provides free resources and tools for our members as an ongoing commitment that we have in helping professionals to understand the complex and dynamic lives of modern senior citizens.

About SCSA

SCSA’s mission is to educate professionals to work more effectively with their senior clients. For those who work with seniors, this means understanding the key health, social and financial factors that are important to seniors—and how these factors work together. For more information about SCSA and its educational course, please visit www.csa.us.

Get Information on Similar Topics. Download them now for free:

Daily Money Managers Hand Guide

Tips for Helping Seniors Gain Control of Their Credit Card Debt

Keeping Your Bank Account Safe from Fraud

Erica Ananich, SCSA
(888) 538-2599

Refer a colleague today by visiting www.csa.us/CSA Referral

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SCSA educates professionals to work more effectively with their senior clients. That means understanding the key health, social & financial factors that are important to seniors — so you can find success in the senior market.
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Tags:Senior, Seniors, Age, Aging, Finance, Finances, Money Management, Daily Money Management, Bill Payments
Industry:Finance, Lifestyle
Location:Denver - Colorado - United States
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