Financial abuse is a form of control and manipulation of economic resources. It can manifest in various ways, including restricting access to money, monitoring spending, or coercing financial decisions. This form of abuse transcends socio-economic boundaries and can occur in diverse relationships.
Signs of financial abuse may include a partner preventing the victim from working, controlling bank accounts, or exploiting joint finances without mutual agreement. This abuse can create dependency, making it challenging for the victim to escape the relationship.
We recognize that support networks and resources are crucial in helping victims break free from the cycle of financial control, rebuild their financial autonomy, and regain control of their lives. At JLU, we engage in activities that raise awareness about financial abuse; we educate individuals on recognizing red flags, fostering financial independence, and promoting open communication within relationships.