30 Signs Someone Has Suffered Financial Abuse

By Shannon
30 Signs Someone Has Suffered Financial Abuse

You probably already know that the number one thing that married couples fight about is money, and it is the leading cause of divorce. Many of these people do not realize that they were victims of “financial abuse”. Both men and women can be guilty of financially abusing their partner in a variety of ways, and it can often escalate to worse forms of abuse later on in the relationship. According to Purple Purse, financial abuse happens in 99% of all domestic violence cases. If you see these signs in your relationship, you just may be a victim of financial abuse, and on the path to experiencing something much worse down the line. Of course, you don’t need to have all 30 of these signs to be in a financially abusive relationship. Just a few of these are enough to put your relationship in an incredibly bad place, and possibly lead to divorce.

Victims of financial abuse are often only allowed a small allowance. Credit: Shutterstock

30. Limited Access to Money

If your spouse gives you a very strict allowance, or completely restricts your ability to have access to money, this is one of the many signs of financial abuse. In most cases, this will happen when one spouse is financially dependent on the other. Just like the allowance that is given to a child, the amount of money given to the dependent partner is usually very small, as if they cannot be trusted with too much money. By giving their partner a small amount of money, it also guarantees that they will never have enough to escape the relationship. This scenario can still happen even when both partners are working full-time jobs. Both paychecks may be deposited into a joint checking account, and one partner may try to control both incomes.