Articles Tagged with financial abuse

Spousal financial abuse is a form of domestic violence where one partner controls or exploits the other partner’s financial resources. This form of abuse can manifest in various ways, making it difficult for the victim to achieve financial independence or feel secure. Some common tactics include controlling access to bank accounts, where the abuser might not allow the victim to have their own bank account or insist on monitoring all transactions.

The overarching goal of spousal financial abuse is to gain power and control over the victim, making it extremely challenging for them to leave the relationship or achieve financial independence. Financial abuse can have long-lasting impacts, not only on the victim’s financial stability but also on their mental and emotional well-being. Continue Reading →