How To Identify And Overcome Financial Abuse

[Yusra3]

Financial abuse is a serious problem. It can happen to anyone, no matter their age or gender, and it can be difficult to recognize.

Financial abuse occurs when someone uses their power or authority over another person's finances to get them to do things that are against their will. It can include:

• Taking money out of the victim's bank accounts without permission

• Removing money from ATM cards without permission

• Using credit cards without permission

• Making obligations appear more important than they really are, so that they take all of the victim's income and leave no money for themselves

Financial abuse is also called financial control or financial domination, though there are many other terms that are used as well. This can make it hard to tell what is happening if you don't know what those words mean! But if you think you may be experiencing financial abuse, here are some signs:

1. Your partner makes decisions about your money without consulting you

2. Your partner controls how much money you have access to (for example, by limiting how much money goes into an account)

3. You have trouble paying your bills because your partner has decided not to pay them for you.

If you notice any of these signs, get help from a trusted friend or family member. You deserve to be treated with respect and compassion and ignoring financial abuse just isn't worth risking your safety or the well-being of those around you.

 

[Augusta]

This is why I try to make my money to avoid financial abuse. it is not good to live your financial life or wellbeing in another life to switch on and off as they like You just have to take back such power from them and life your financial life just the way you deem fit by standing up to get a job

Your makes decisions about your money without consulting anyone. You only achieve this when you make your own money