From Financial Abuse to Independence
Financial abuse: when one person in the relationship uses money to gain power and control over another person. Recently, I sat with a young woman as she unveiled her story. And as she spoke, a familiar wave of nausea rolled over me. The horrid details of her current situation were painfully clear that she was financially ruined. It begged the question, how did this woman allow this person into her life? Well, I know exactly how based on personal experience. At first, he acted like he was doing me a favor by managing all the finances. He professed to be an excellent financial manager and that it would be much easier to reach our financial goals with one person at the helm. He told me he could squeeze blood from a turnip. He told me to trust him. Financial abuse is virtually invisible, and it is subtle and gradual. It includes a progression of behavior patterns such as: Gives you an allowance for basic needs. Overreacts to simple purchases. Communicates with strong emo...