We handled the car issue by giving a car to a single mom who was in desperate need. We only have one now, and he only has access to it when I am home. And he doesn’t have his own key to it.
February 3
My husband buys only on amazon. I am trying to remember to cancel new orders every evening. He won’t remember what he ordered.
February 3
Take away her credit cards and money as well as her car. She is not responsable enough to use them. She may be unhappy about it but she will doon forget about it.
February 3
How can you manage spending issues when your wife with Alzheimer's is making unnecessary purchases?
Getting financial affairs in order early is important to prevent damage. Many caregivers find it helpful to take over financial management while still allowing their loved one some independence.
One approach that works well Show Full Answer
How can you manage spending issues when your wife with Alzheimer's is making unnecessary purchases?
Getting financial affairs in order early is important to prevent damage. Many caregivers find it helpful to take over financial management while still allowing their loved one some independence.
One approach that works well is giving a weekly "allowance" in cash. A myALZteam member shared that their husband enjoys having several hundred dollars to count and manage, while they handle the rest of the finances. This gives a sense of control without risking larger amounts.
Consider these steps:
- Set up legal authority to manage finances if you haven't already
- Limit access to credit cards and large bank accounts
- Provide a small amount of cash for personal spending
- Monitor bank statements regularly
It's common for people with Alzheimer's to focus intensely on money or make impulsive purchases. Taking action now, even if your wife objects, can prevent bigger financial problems down the road.
If family or friends have access to her finances, be aware that financial abuse can occur. Changing account numbers and limiting who has access may be necessary to protect her assets.
AI-generated responses are not a substitute for medical advice. These services are not intended to
diagnose, treat, or cure any condition or disease. Always ask your doctor about specific health concerns.
Managing Money for a Loved One With Alzheimer’s
January 31
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