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Published on: June 30, 2014
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Financial Capacity and its Cognitive Predictors in Progressive Multiple Sclerosis
Adam Gerstenecker1, Terina Myers1, Kathleen Lowry1
1Department of Neurology, University of Alabama at Birmingham, Birmingham, AL, UK.
Summary
Financial capacity declines in people with multiple sclerosis (MS), impacting complex financial tasks. Cognitive function is linked to these impairments, suggesting a need for clinical monitoring in MS patients.
Area of Science:
- Neuroscience
- Cognitive Psychology
- Neurology
Background:
- Financial capacity is a complex daily living activity prone to decline in neurocognitive disorders.
- Cognitive decline is prevalent in multiple sclerosis (MS), yet its impact on financial capacity remains understudied.
Purpose of the Study:
- To investigate financial capacity in people with progressive MS.
- To identify neurocognitive factors associated with financial capacity in MS.
Main Methods:
- Compared financial capacity using the Financial Capacity Instrument in 22 progressive MS patients and 18 healthy adults.
- Administered a neuropsychological battery to assess cognitive correlates.
Main Results:
- Individuals with progressive MS demonstrated significantly poorer overall financial capacity and complex financial domain performance compared to controls.
- Several cognitive variables correlated with declines in financial capacity.
Conclusions:
- Financial capacity is impaired in 50% of progressive MS patients, highlighting a significant risk.
- Progressive MS patients require clinical monitoring for potential deficits in complex financial task management.

