Let's Talk about Financial Abuse
Domestic abuse takes many forms; one of the most common types of abuse that isn’t talked about enough is financial or economic abuse.
According to the National Coalition Against Domestic Violence, between 94 and 99% of domestic violence survivors have also experienced financial abuse.
Financial abuse is when a person who harms their partner takes control of the finances or limits their partner’s earning potential as a strategy of power and control. The person who harms separates their partner from their own resources, rights and choices, isolating them financially and creating a forced dependency for the victim and other family members. Often, the lack of access to finances or money is the biggest barrier to a survivor leaving an abusive relationship.
