Tech Tolls and Financial Planning

Caring for a loved one with dementia brings emotional, physical, and financial challenges. As cognitive abilities decline, the risk of missed bills, poor decisions, and scams increases. Fortunately, technology—and support from homecare services—can help protect finances while maintaining a sense of independence.

Tools like financial monitoring apps (e.g., EverSafe, Carefull), automatic bill pay, and budgeting software can flag unusual activity and simplify money management. Prepaid debit cards with spending limits offer safe autonomy, while identity theft protection and GPS trackers add layers of security. Smart devices and parental control apps can also help manage day-to-day risks.

Homecare services often work alongside families to introduce these tools and provide support. Starting early, while your loved one can still engage in financial decisions, is key. As dementia progresses, full control of finances may eventually need to shift to caregivers. Planning ahead ensures both safety and dignity.