When Finances Are a Red Flag

What Is Financial Abuse?

Financial abuse is a form of domestic abuse. Its damage runs deep and lasts long after a relationship ends; the financial control lingers through ruined credit, stolen savings, and manufactured debt that can follow survivors for years.

It can look like:

  • A partner who controls all household money and gives you an "allowance"

  • Being prevented from working or pursuing a career

  • Debt run up in your name without your knowledge

  • Benefits or income stolen by a partner

  • Having your credit destroyed intentionally

The Report Findings

The Surviving Economic Abuse Report analyzed 454 domestic abuse death reviews spanning 2012 to 2024. Here's what stood out:

  • Financial abuse was present in more than half of all cases reviewed

  • Fewer than half of the review panels had identified financial abuse as a factor on their own

    • This is crazy. This means that there's a lot more work (!) to be done in order to understand and educate around what financial control looks like and how to intervene before it's too late. 

  • The financial harm routinely continued after the relationship ended through ruined credit, stolen savings, and manufactured debt. The damage followed victims long-after they left a relationship. 

Why This Matters

Economic abuse is often the invisible infrastructure of coercive control. It's the mechanism that traps people in extremely dangerous situations, preventing victims from leaving, and keeps them tied to an abuser. 

This report is a reminder that financial disempowerment isn't always about a lack of education. Sometimes it's deliberately engineered by someone who benefits from keeping you dependent.

Real financial empowerment has to include awareness of these dynamics for yourself, and for the people in your life.
 

Your Action Step This Week

  • Pay attention to financial red flags in relationships around you (and your own). Ask yourself:

    • Does this person have independent access to money?

    • Are they free to work?

    • Do they know what's in their accounts?

Financial independence isn't just a wealth-building goal. It's a crucial safety net.
 

Sources

If you or someone you know needs support, the National Domestic Violence Hotline is available 24/7: call or text 1-800-799-7233, or chat at thehotline.org.

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