Caregiver Tools Archives - Page 4 of 4 - Memory Ball
Memory Ball Toronto is back with its Sixth Annual Gala Event, proudly hosted by the Young Leaders Council of the Alzheimer Society of Toronto
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Caregiver Tools

Insurance can seem like a daunting topic, but bear with us - this information is critical 

by Ali Forster Ali is Memory Ball's Director of Finance and Operations. She is a financial advisor at a boutique firm in midtown Toronto, working with clients to achieve their financial goals and ensure overall financial health. She is FPSC Level 1™ Certified in Financial Planning for the Certified Financial Planner (CFP®) designation. Check out her new blog at fitnance.ca  Over the past three years I have learned a lot about Alzheimer’s disease because of the awareness raised by Young People Against Alzheimer's (YPAA) and Memory Ball. When a family member is diagnosed with Alzheimer’s disease, the emotional burden is immense. Combining that with the financial worry can be simply overwhelming. Not only is there a loss of income but there is also an added strain to the budget, for a variety of costs. What if I told you there was a way to protect yourself, and in turn protect your family from the financial burden of being diagnosed with an illness? You may say, “I have an emergency fund” or “a savings account”; but think about the amount you have saved, would it cover your expenses for a month? A year?… A decade?

This is the third installment in our 'Dealing with a Diagnosis' series. This series aims to open the discussion on Alzheimer's disease, reduce the stigma associated with the disease, and discuss the capabilities associated with the disease, not the limitations. Our hope is that with a more candid conversation surrounding Alzheimer's disease, we can encourage people to seek treatment and support earlier. Like other illnesses, an Alzheimer’s diagnosis is bound to bring about a range of emotions, both for the person who was diagnosed and their friends and family. There is no right or wrong way to feel, and your feelings may change over time. You may experience some or all of these feelings:
  • shock
  • fear
  • anger
  • resentment
  • denial
  • helplessness
  • sadness
  • frustration
  • relief
  • acceptance
  • isolation
  • sense of loss
Help for people receiving a diagnosis