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5 early signs of dementia that show up in your finances

It is clear that by 2030, 78 million people around the world will be affected by dementia. Therefore, it is very important for all of us to know how to recognize the first signs of dementia. First, there will be more obvious changes in the language and spilting, and other noticeable signs of this ruinous illness. And, as you know, stench may not appear exactly as you expect.

ContentHow to recognize the early signs of dementia: put more value on your finances The importance of investigating other signs of dementia

So, a new report from the Federal Reserve Bank of New York indicates that what Early signs of dementia can often show up in your finances. WomanEL is in a hurry to share the findings of the predecessors.

How to recognize the early signs of dementia: put more emphasis on your finances

In the publication of herbal evidence, prepared by Georgetown University, data were collected for 17 years. They were selected from consumer credit agencies and Medicare databases. Experts have concluded that changes in finances can signal Alzheimer's disease and disease disorders (ADRD) approximately five days before an official diagnosis is made. p>

“Most memory disorders are not diagnosed until significant symptoms appear. However, the progressive nature of the illness and decrease in cognitive abilities is bound to begin many times before.” This was stated in a press release by health economist and investigator Carole Roan Gresenz. “The most early changes in knowledge may be unnoticeable to members of your family and friends. And actions from them can support the process of improving financial decisions.”

One of the first warning signs of dementia has become an increase in late payments (delayed or missed payments). The credit card due date was due five days before the diagnosis was made, and the mortgage due date was due three days before.

Two days before the diagnosis was made, the number of late payments increased from 8 to 21 hundred. And from 13 to 35 days before the diagnosis is made. Researchers noted that this may be due to forgetfulness, loss of knowledge to praise decisions, or increased sensitivity to financial exploitation as a result of dementia ї.

People with dementia are more likely to praise poor financial decisions and put off paying off loans too, Dzherelo: freepik.com

Behind the words of the descendants, another sign is the accumulation of the Borg. Credit cards and mortgages are the main stores of choice among people age 70 and older. Researchers predict that approximately 600,000 episodes of these and other types of borg will emerge from patients with undiagnosed Alzheimer's disease and concomitant dementias. In addition, credit scores were steadily declining even before patients were diagnosed with dementia.

Another sign was the introduction of one or many new credit lines, as well as the introduction of different forms of credit (credit mix). “The financial decline that we anticipate mirrors the cognitive decline that people perceive. Credit scores invariably decrease quarter after quarter, and the incidence of delinquency invariably increases in the world approaching diagnosis.”

Dementia can be avoided. But it is necessary to work now. The axis of speech and guilt is to be developed.

Importance of follow-up

Researchers emphasize the importance of early diagnosis. This can also help reduce the stress of stitching. “The diagnosis is ahead of family members and loved ones about those who have suffered from cognitive impairment and may require support when making financial decisions,” the investigators write. “Members of the family can not only ensure the visibility and guarantee the payment of outstanding debts, but also shorten the number of credit accounts for the suffering members of the family. This may remain especially important.”

Also, the remaining research results support the idea of ​​using credit report data to identify patients at risk of developing dementia.

“Besides the loss of life, a diagnosis of this kind can be financially devastating for families. “We will be exposed to the unfortunate financial consequences of undiagnosed memory disorders,” says Gresenz at the press release. “Our results confirm the potential of using credit reporting data to early identify problems at risk of developing memory disorders.”

Other signs of dementia

It’s never easy to notice changes in yourself. You may wonder that this is primarily old, because the stench is insignificant and does not bring respect. Changes in your brain may make it important for you to notice them. Your brain is not what you think it is, so as it changes, so does your mind.

Here are two things you can do to help spot changes early:

Axial signs of dementia:

What helps reduce the risk of dementia? It turns out that everyday speech can be effective.

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