Instagram LogoHOW TO RECOGNISE FINANCIAL ABUSE Financial abuse in relationships - restricting and controlling a partner’s ability to use, acquire, and maintain financial resources - is a form of domestic violence that is often overlooked in our society. Used as a tactic for an abuser to gain power and control over their partner, studies have found that financial abuse is one of the main reasons survivors stay in or return to an abusive environment. This is because many survivors find it difficult to provide for themselves and their children when they try to escape that toxic situation. It is hard to measure the prevalence of financial abuse in relationships because it is underreported and poorly recognised*. However, there is some data. A 2008 study by Michigan State University found that 99% of domestic violence cases also involved financial abuse. In Malaysia, more than 70% of the Women’s Aid Organisations’s (WAO) domestic violence shelter residents last year experienced financial abuse. How can we identify financial abuse, how can it be avoided, and how does Malaysian law address it? ----- Stories this week: 1. Financial abuse in relationships: https://www.thestar.com.my/news/focus/2021/04/25/my-039love-or-your-money-red-flags-of-abuse-in-financial-abuse-in-relationships 2. Identifying financial abuse: https://www.thestar.com.my/news/focus/2021/04/25/identifying-financial-abuse 3. Start financial empowerment education early: https://www.thestar.com.my/news/focus/2021/04/25/start-education-on-financial-empowerment-early ------------------ Thank you to the All Women's Action Society (AWAM), Charlene Murray from the Women's Aid Organisation (WAO) and Izza Izelan from WOMEN:Girls for your insights. *Women's Aid UK Credit to: Dina Murad from @thestaronline #personalfinancemalaysia #financialabuse #domesticviolenceawareness