Wednesday, August 3, 2016

Brain Scans Offer Insights into Loss of Money Skills for Seniors

Dana Halvorson
According to a July 12, 2016, article from the National Institute on Aging’s Alzheimer’s disease Education and Referral Center, “Financial capacity is necessary for living independently. It encompasses relatively simple tasks, such as counting change and paying bills, and more complex activities, such as balancing a checkbook and making investment decisions. These tasks require cognitive functions that include math skills, memory, attention, executive function, and judgment.”

Financial capacities are difficult for those with Alzheimer’s disease and related dementias. Poor management of money is often an early sign of the disease. These difficulties increase over time as ability to think, learn and remember decrease

The article goes on to include that the, “Use of neuroimaging to better understand brain changes related to decline in financial capacity is a promising area of research. It is too soon to know whether and how such measures may be applied in a clinical setting, but researchers are eager to explore their potential.”

You can read the full article here.

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