What is an example of financial abuse

Destroying, damaging or stealing property. Racking up debt on shared accounts or joint credit cards. Withholding financial support like child support payments. Refusing to work or contribute anything to the household income.

What are the characteristics of financial abuse?

Financial abuse is a common tactic used by abusers to gain power and control in a relationship. The forms of financial abuse may be subtle or overt but in in general, include tactics to conceal information, limit the victim's access to assets, or reduce accessibility to the family finances.

What are the most likely indicators of financial abuse?

Financial abuse is when somebody controls how and when you spend money. Sometimes, they are the breadwinner and withhold or hide their money. Other times, they are a financial leech. Shannon Thomas tells the stories of many victims of financial abuse in her new book "Exposing Financial Abuse: When Money is a Weapon."

When someone uses money to control you?

refuse to contribute to household costs. spend money needed for household items and bills. misuse money in joint bank accounts. insist all bills, credit cards and loans are in your name and make you pay them.