Like: It’s that last one that probably affects most of us reading this here right now.You’re on the blog to learn and stay motivated to keep up with this money stuff, not turn it over for someone else to do for you (for pay too, mind you).Or even continue reading blogs for that matter, AS LONG as you actually take action afterwards. We’ll see if I ever really do get into it myself down the road, but for now I’m gonna continue researching and poking around a little to see if it’s something that really would be fun and interesting to try out in the near future. ” :) Which I could then pitch to people like Bret Michaels and Flava Flav too – all of whom are too busy chasing girls and reality shows, haha… ————- I imagine a lot of people on the wealthy side have personal assistants who are tasked with daily money management. With that said, I also would LOVE to manage a bunch of people’s bills and spending money the way the emailer described!That way you can continue to learn and improve on going forward, rather than turn it all over to someone else. I reckon if you came up with a tidy game plan for everyone, along with some simple recording and statements each month, you could manage a handful of clients all paying a decent monthly mgmt fee, eh? It would definitely need to be automated a good portion for it to be worth it, that’s for sure. I would be in my glory if some one came to me and said “Here are the passwords to my bank accounts, all of my bills/debt, and my checkbook.
I think your service could be very effective, especially if you are meeting with those local to you.
You can’t pay bills that you don’t have the money to pay. So maybe a range where you charge for up to 3 payments, etc.
Reply I tried something similar with a reader of mine (for free as a trial).
To me that means there are some psychological/emotional spending issues that they can’t control, so handing over their finances to some one else will give them panic attacks and probably cause fights between them and the money manager.
I imagine part of daily money manager contracts allows the client to request their funds whenever they want which would not help the emailer’s spending problem.