Financial Support
As with legal matters it is important to
consider planning finances for the
future. This will reduce stress and the
sooner preparations start the more the
person with Dementia will be able to
participate with the decisions than need
to be made.
Managing your Money –
It is important to manage your money
and keep track of everything that you
spend.
Some simple tips can include
• Keep receipts from all the
transactions you make or you could
write down the amount you spend,
along with a description of what it is
and the date.
• Setting up Standing Orders and
Direct Debits to make regular
payments
• Receive account statements regularly
(online or via post)
• Reduce the daily amount you are
able to withdraw from the cash
machine (ATM)
• Get a contactless card for
transactions under £30 ( No pin or
signature required just a simple tap
on a contactless card machine)
As mentioned in the Legal section
above, if you lack mental capacity then
you will have to have others supporting
with the right levels of access.
Banks that support people with
Dementia -
Visiting a bank branch can be an
overwhelming task for somebody that
suffers from Dementia. The below
banks have been working towards
supporting their customers that are
affected by Dementia.
• HSBC UK
• Lloyds Bank UK
Benefits
There a range of benefits, each with
different criteria and eligibility.
If you believe you should be receiving
support you should seek to contact the
Department of Works and Pensions
who will be able to offer advice and
support and help navigate you through
the available benefits.
DWP – Department for Work
and Pensions
01772 473880
If you have Dementia and it is affecting
your usual daily life, an example of the
benefits you may be eligible to receive
include;