The Sadin Institute on Law & Public Policy
The Daily Money Management (DMM) Assistance Program was developed by the Sadin Institute on Law & Public Policy as part of its Reingold Elder Abuse Project. The program goal is to encourage and assist care management agencies to safely and effectively offer DMM services. The DMM Assistance Program is managed by Reingold Project Director, Debra Sacks, who is a nurse and attorney. She has worked with senior centers, neighborhood social service agencies, senior housing complexes and home care agencies to help set up money management programs.
Brookdale Center's DMM Assistance Program offers interested agencies formal staff trainings and technical assistance in the following areas:
- start-up procedures;
- money management program policy and
procedures;
- standard risk management tools;
- documentation and
standardized forms.
The DMM Assistance Program also trains agencies on power of attorney, representative payee, and property management guardian. The Reingold Project can also partner an established money management program with an agency just starting the process.
Original funding for this project was provided in 2003 by the Manhattan Borough President's Office who recognized the need for daily money management among older and disabled adults.
For further information on setting up a daily money management assistance program, please contact Debra Sacks at rdsacks@aol.com.
DMM Resources:
DMM Policy Symposium 2009
Elders Aging In Place: Who's Paying the Bills?
The Value of Daily Money Management and a Blueprint for Policy
Friday, November 13, 2009, Hunter College School of Social Work
Value of Daily Money Management: An Analysis of Outcomes and Costs
Brookdale Center presents the first economic estimates of the value and costs of DMM programs.
Daily Money Management Symposium 2009
Elders Aging In Place: Who's Paying the Bills?
The Value of Daily Money Management and a Blueprint for Policy.
Listen to what the experts have to say about daily money managment in Brookdale's first audio podcast. The entire program presented on November 13th, 2009 is now available to for download.
Read All About Assessing Programs That Help the Elderly with Money Matters
Programs that intervene to help vulnerable elderly manage their financial affairs have spread across the nation, and according to case reports... (read more)
Brookdale's Daily Money Management Study featured in NCEA's Sept 2009 eNewsletter
(Read the article here)