Good Morning,

Financial abuse is a form of manipulation and control. The abuser will exploit, control, coerce, manipulate, and devalue in order to establish power and dominance in the relationship. Financial abuse or lack of resources is the number one reason women stay in abusive relationships. And money is often used to abuse through the divorce process. Once the abuser has control over the money, he's not eager to give it up.

Key aspects of financial abuse include:

Control over Finances: The abuser may exert control by limiting the victim's access to money, monitoring their spending, or demanding an account of every financial transaction. This control can extend to the victim's income, assets, and even basic necessities.

Forced Dependence: Financial abusers may deliberately isolate their victims by restricting their access to employment opportunities or education, making them financially dependent and easier to manipulate.

Sabotaging Employment or Education: Abusers may interfere with the victim's ability to work or attend school, jeopardizing their financial stability and independence. This could involve undermining job opportunities, interfering with work commitments, or causing the victim to lose their job or educational opportunities.

Coerced Debts and Fraud: Abusers may force victims into taking on debt or engage in fraudulent activities that lead to financial losses. This could include coercing the victim to sign documents, open credit lines, or make financial decisions against their will.

Threats and Intimidation: Financial abusers often use threats and intimidation to maintain control. This could involve threats of physical harm, legal action, or revealing sensitive information to damage the victim's reputation.

Isolation: Abusers may isolate their victims from friends, family, or support networks, making it harder for the victim to seek assistance or escape the abusive situation. This isolation reinforces the abuser's control over the victim's financial and emotional well-being.

Withholding Financial Information: Financial abusers may deliberately keep the victim in the dark about financial matters, making it difficult for them to understand their own financial situation or make informed decisions.

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Have you experienced financial abuse? Would love to hear your stories. Hit reply and let me know.

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