December 3, 2018
Economic abuse involves controlling a victim’s ability to acquire, use and maintain financial resources. Economic abuse vary from situation to situation. Sometimes an abuser may use subtle tactics like manipulation while other abusers may be more overt, demanding and intimidating. In the end, the goal is always the same—to gain power and control in a relationship.
Economic abuse is very isolating because victims often become financially dependent on their abusers. This makes it very difficult to leave relationships. It is important to recognise signs of economic abuse. These can be but are not limited to:
Without access to money, credit cards and other financial assets it is extremely difficult to do any type of safety planning. It is very difficult to not only find safe and affordable housing, but also hard to provide for basic needs like clothing and transportation. The problem with economic abuse is that the effects can be long-lasting even after leaving the relationship.
Victims who have accrued arrears due to economic abuse may find it difficult to find somewhere to live. Bad credit history and/or legal issues caused by financial abuse can often mean that it is very difficult to establish independence and long-term security.
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