What is economic abuse?
Board-certified therapist and TikTok creator Kendyl aka @Ennuii_therapist, points out some of the typical signs of economic abuse.
@ennui_therapist Financial abuse prevents victims from leaving their abuser because they don’t have the financial means to do so. #dvawareness #cptsd #trauma #domesticabuseawareness ♬ This Woman’s Work (2018 Remaster) – Kate Bush
Economic abuse happens when someone controls your money without your consent or stops you from earning and becoming financially independent. It’s a form of domestic and family violence, often seen alongside physical or emotional abuse. This type of abuse is also known as financial abuse. For tips on managing money in relationships, check out Money Smart’s Relationships and Money page.
Economic abuse can look like:
- Preventing you from working or job hunting
- Controlling your money, like keeping all earnings and giving you a small allowance
- Denying access to living expenses, so you can’t afford basics like food or medicine
- Withholding financial support, such as not paying child support
- Stopping you from making household financial decisions
- Forcing you to claim social security benefits like Centrelink
- Intimidating you into signing legal or financial documents, putting debt in your name
- Pressuring you into taking out a loan in your name
No one has the right to control your money, even if they are your partner. If you think someone is being financially abusive or abusive in any other way, you can call 1800RESPECT for help and support.
If you’re in debt because of financial abuse, reach out to a financial counsellor. They offer free advice to help you manage your money, talk to creditors, and find the best solution. Visit Financial Counselling Australia to find a counsellor near you or call 1800 007 007 to speak to one on the phone. You might also need legal advice; find free legal resources on MoneySmart’s website.
Remember, It’s not your fault
If you’re experiencing economic abuse, know that it’s not your fault. Support is available to help you through this. Reach out to your family and friends—they care about you and can offer support. Tap into professional support services, like 1800RESPECT, to get the help you need. You are not alone, and there are people and resources ready to support you.