India, July 30 -- A new study has found that people who faced long-term financial difficulties had poorer memory, thinking skills, and brain health later in life.

"Most studies on cognitive aging look at financial hardship at only a single point in time," study author Jacques Wels said in a news release. "Our study using several decades of data allows us to see that it is the accumulation of hardship over many years that is linked to the worst cognitive health outcomes, rather than occasional episodes of adversity."

The study, published in Innovation in Aging, analyzed data from 2,759 people who were part of the 1946 British birth cohort. Researchers followed these participants for more than 70 years through questionnaires, home visits, a...