Financial Abuse

Financial abuse is the use of money or economic’s assets to harm or control another person. Studies suggest that 94-99% of domestic violence cases involve some form of economic abuse. When the path to financial independence has been blocked off, many individuals stay with their abusers to avoid poverty and homelessness; it causes people to feel isolated and hopeless. people in poverty are more likely to be targeted, as they can be less likely to leave the abuser. The most vulnerable to financial abuse are: Women, marginalized communities, parents with young children who may endure mistreatment so their children can have a certain quality of life.