Financial vulnerabilities in younger onset dementia: insights for targeted interventions.
People with dementia have a higher risk of being financially exploited, and may also have difficulty managing their money. These financial issues have especially serious consequences for people with younger-onset dementia, as they are usually affected at a stage in their lives where they may still have significant financial responsibilities (e.g. paying mortgages, supporting children, running businesses). However, little is known about the different types of risk factors for financial exploitation and mismanagement in these individuals. Through a series of questionnaires and interviews with family members and tests in people with younger-onset dementia, this project will identify changes in cognition and behaviour that give rise to increased financial exploitation and mismanagement. By understanding what causes these financial problems, we can work to develop better ways to minimise exploitation and mismanagement while supporting financial independence in people with younger-onset dementia.
Dr Wong is a postdoctoral research fellow at the Brain and Mind Centre, University of Sydney.