Financial and Economic Abuse
Financial abuse is a form of mistreatment in which an abuser forcibly controls a victim's economic means. It can involve stealing money, not allowing a victim to take part in any financial decisions, or preventing a victim from having a job. It can also involve identity theft, opening accounts for credit cards or utilities without consent of the victim, or causing difficulty at work or school.
Financial abuse can have long lasting impacts that make leaving a violent relationship much more difficult. Financial abuse allows an abuser to impede a partner's ability to provide for themselves and their children. This creates a dependency on the relationship and ensures the abuser maintains his or her power and control over his or her partner.
Are you experiencing financial abuse? This can include, but is not limited to:
• Your partner refusing to work and share financial responsibilities/decisions
• Preventing you from working
• Harassing you at work, or interfering with your job
• Controlling all the money (tracking spending, doling out allowance)
• Making all financial decisions
• Putting all bills in his/her name OR putting all bills in your name
• Running up debt in your name
• Making large purchases without consulting you
• Keeping any fiscal activity from you that affects you and your family
• Opening new, secret accounts using you and/or your child's social security number
• Intentionally destroying your credit and credit score
• Withholding money for necessities for you and your children
• Maintaining control over important documents and refusing your access to them (social security cards, bank statements, property deeds, etc)
Facts and Statistics: (NCADV)
- Between 35% and 56% of victims of domestic violence are harassed at work by their
- Over 1.75 million workdays are lost as a result of domestic violence each year.
- Between 1/4 and 1/2 of domestic violence victims report that they have lost a job due to domestic violence.