Illustrates importance of the Owner's Manual for sharing important information with family members, executor and power of attorney

A Personal Owner’s Manual — When and Why

Karen CaccavoDoing Paperwork, Financial Organizing, Organize my finances, Owner's Manual, Personal Owner's Manual, Working with Seniors

What is an “Owner’s Manual” for a household? A few months ago, I wrote here about creating an Owners Manual with essential contacts, financial, and household information in one easy-to-access place.  So what do I mean by an Owner’s Manual?  Start by reading that short blog post. I create custom Owner’s Manuals for clients (and keep them up-to-date).  But whether …

What are the misconceptions that part of the public have about Daily Money Managers, and what are the facts?

4 Myth-Conceptions About Daily Money Managers

Karen CaccavoDaily Money Managers, Owner's Manual, paper organizing, Working with Seniors

When it comes to my profession–daily money manager–there are several myths* (or, rather, myth-conceptions) ripe for busting. Unfortunately, these misunderstandings sometimes confuse colleagues, clients, and their families. And might stand in the way of their reaching out for assistance from a daily money manager. Let’s set the record straight on 4 misconceptions I encounter: 1) DMMs are money managers. The …

Thinking about planning for the future

Beyond the Will — Part 1

Karen CaccavoFinancial Organizing, Important Documents, Organize my finances, Personal Owner's Manual, Working with Seniors

It’s challenging to get people to sit down and create a will (no surprise that over half the adult population is without one). Lack of time and focus, fear, even superstition get in the way. I am not an attorney:  I clearly leave will-writing (and all other legal work) to those professionals. As a financial organizer / daily money manager …