This post was sponsored by The Allstate Foundation as part of an Influencer Activation for Influence Central and all opinions expressed in my post are my own.
Years ago I had a friend that I believe was stuck in a financial abuse situation, but I didn’t realize it at the time. She turned over paychecks to her spouse, had no access to money, and had no involvement in bills – even her own cellphone. Any money she needed she had to ask for, as well as turn in receipts for proof. Financial abuse in marriage isn’t a popular topic at the dinner table or among friends, and I truly hope that changes.
Financial Abuse in Marriage: What To Do
As a parent, I want my children to be smarter with money than I was as a younger adult, as well as be aware of signs of financial abuse in marriage. With a daughter heading off to college in 3 years, I want her to know the signs to look for in a relationship that could signal financial abuse and what to do. Not knowing what to do can often make a person stay in an abusive relationship. If you are or someone you know is facing financial abuse in marriage, here are some things you can do.
Financial abuse occurs in 99% of all domestic violence cases and is the No. 1 reason victims stay in or returned to abusive relationships.
Are you facing financial abuse in marriage?
If you are stuck in a financially abusive marriage, please know that help is there for you. Your dreams are achievable and the tools to help you reach them are out there. Allstate Foundation Purple Purse is an amazing resource for survivors of domestic violence. They aim to help end domestic violence and financial abuse by providing crucial financial empowerment tools and resources. At PurplePurse.com one of the things you will find is an online financial curriculum. With modules ranging from “Surviving Financial Abuse” to “Budgeting Your Money” to “Buying a Home” and more. Their curriculum helps you learn financial management skills to gain your independence.
Is a friend facing financial abuse in marriage?
If you know someone who is in a financially abusive marriage, there are ways you may be able to help. First, let them know you are there if they need anything, even if it’s just a friend to talk to. Try bringing up the topic of financial abuse out of curiosity, or with a story about “someone else you know” who is facing that in marriage. While talking about it, mention how great it is that there are programs out there to help, like Allstate Foundation Purple Purse.
You can support the efforts of Allstate Foundation Purple Purse by visiting PurplePurse.com and donating today. I love the Purple Purse Charms that are available to purchase, to wear on your purse or bag to show your support to victims of domestic violence and financial abuse. I wish I had known about them years ago when the person I knew was stuck in a financially abusive marriage. Now I know and am aware of the signs, and hope this opened your eyes on an all too often silent issue, financial abuse in marriage. If you knew, what would you do?