"The assessment was accurate. Financial control appears in 99% of domestic violence cases according to the National Network to End Domestic Violence. This near-universal presence reveals something critical: financial abuse isn't a side effect of violent relationships, it's the foundation. Abusers know that without money, victims can't leave, can't hire lawyers, and can't start over. This caller's experience follows that exact blueprint: her husband systematically reduced family income, then restricted her access to funds while threatening financial consequences."
""He artificially reduced the amount of money in our family income so that it was below how much we needed," she explained. "We basically blew through all of the extra savings that were in that account.""
""This guy is 100% controlling, and that's 100% a financially abusive situation," he said. "I guarantee you this is not the only place that he's asserting control.""
""You have to create your own bubble over here because this person isn't safe," Ramsey said."
A mid-40s woman with six children had her husband deliberately reduce family income, deplete savings, and hide accounts. After twenty years of financial dependence, she lost access to the family credit card and was forced to use a personal card while facing threats to her credit. Financial control appears in 99% of domestic violence cases according to the National Network to End Domestic Violence. Abusers use financial control to prevent victims from leaving, hiring lawyers, or starting over. Immediate steps included obtaining a debit card tied to the joint account, opening a separate account, and creating a personal financial safety net.
Read at 24/7 Wall St.
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