Forgetting Your Wallet: Are Problems Managing Money an Early Sign of Alzheimer’s?

There are many warning signs that indicate early signs of Alzheimer’s, and it’s important that you know what to look for so you can be best equipped to protect yourself and your loved ones from this unforgiving disease. And research is suggesting that at the very early stages, money problems may signal Alzheimer’s, and may indicate that dementia is looming before you even receive a diagnosis.

Sure, we all forget where we put our wallet from time to time. Maybe we can’t find a receipt from earlier that day or we fail to recall if we paid a bill on time. It’s very normal and common to sometimes feel a bit forgetful especially where your finances are concerned. But a 2009 study in the print issue Neurology, the medical journal of the American Academy of Neurology, cited research that showed a connection between poor money management skills and an impending Alzheimer’s diagnosis.

The study evaluated the behaviors of over 160 older individuals, 76 people with no memory issues and 87 people with mild memory problems but no symptoms of dementia. Remember that dementia is a term that refers to a severe decline in mental ability in everyday life and basic daily tasks. Alzheimer’s is the most common type of dementia, in fact it accounts for 60-80 percent of dementia cases.

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