Living Well Guide Dementia - Page 29

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;