Daily money managers, or DMMs, are a marvelous resource for helping you manage the chaos that day-to-day finances can become when you aren't able to invest the time needed to keep them up to snuff. A DMM's core service is making sure your bills are paid. At a minimum, you get peace of mind and possibly even a boost in your credit score, since payments are consistently made on time. There are many more benefits, depending on your specific situation.
DMMs serve a broad range of client profiles: seniors, executives, physically or mentally disabled, frequent travelers - the list goes on. Their service delivery methods vary greatly. Some work at your house, some pick up items from you and work on them at another location, some have bills sent directly to them. Payment methods are also very different. Some DMMs will prepare payments but not make them, others use your bank's online bill pay, others still issue payments from funds you set aside either in a separate bank account, or in the provider's bank account.
If you're looking to outsource your bill paying, it's important to know which combination of choices makes you comfortable and suits your lifestyle. Each has pros and cons, so there's no wrong answer. Decide on "style" first, then move on to vetting a potential provider's background, security, and other credentials. Be sure to confirm their membership in the American Association of Daily Money Managers. They've recently started certifying DMMs; there are few who hold the certification at this time, but more will certainly be coming.
