Family Law Blog

Financial Abuse Is Closely Tied to Domestic Violence

Friday, July 25, 2014

Victims of domestic violence are very often unable to escape the vicious cycle they are trapped in, because they're financially abused by their partners. Hiding money from the wife, denying access to money, and other types of financial abuse is very closely linked to domestic violence.

According to the National Network to End Domestic Violence, different types of financial abuse make it difficult for women to go out and seek help. Women, who are in a situation where they are being constantly threatened or abused by their partners, have no options to help escape their unfortunate situation. However, when they have no access to finances or resources, it makes it that much harder for them to seek help. A controlling and abusive husband will try to limit the wife’s access to money. He will try to damage credit ratings, or may get her fired from her job. He may hide money from her, and may steal her debit cards, conveniently “losing” them when she wants them back. All these tactics are used to browbeat the wife down into submission, and prevent her from going out to seek help against domestic violence. If you are in a situation like this, speak with a domestic violence lawyer in California to learn about your options.

Recently, a new study released by Rutgers University School of Social Work, evaluated a widely used financial education program for survivors of domestic violence. The program is called Moving Ahead through Financial Management Curriculum, and offers help for survivors to deal with the financial challenges of exiting an abusive or violent relationship. Program attendees are taught to use resources for dealing with loans, child support, and credit scores. The study found that women who were very attentive and women who attended the program benefited from enhanced financial literacy, and had a different attitude towards their finances. Over time, when these women exited their violent relationship, they were actually able to do much better, compared to women who did not attend such a program.