Financial abuse is a form of domestic abuse where one partner controls or manipulates the other’s financial resources. This can include restricting access to money, preventing the victim from working, or stealing their income. The abuser may use these tactics to maintain power and control over the victim, making it difficult for them to achieve financial independence.
Victims of financial abuse often experience emotional distress and may feel trapped in their situation. They may struggle to pay bills or provide for themselves and their families, leading to long-term financial instability. Recognizing the signs of financial abuse is crucial for seeking help and support.