Financial abuse is a form of domestic abuse that primarily targets women, although it can affect anyone. It involves the use of financial control, manipulation, or coercion to limit a woman’s economic independence and overall well-being.
Perpetrators of financial abuse may restrict access to money, withhold financial resources, or force women into economic dependence, making it difficult for them to leave an abusive relationship. This type of abuse can manifest in various ways, such as controlling bank accounts, credit cards, and income, as well as sabotaging career opportunities.
Recognizing and addressing financial abuse is crucial to empower women and provide them with the support they need to break free from abusive situations and regain their financial autonomy.