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1264: Understanding Financial Abuse: A Survivor's Journey

1264: Understanding Financial Abuse: A Survivor's Journey

So Money with Farnoosh Torabi · Farnoosh Torabi

October 11, 202135m 26s

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Show Notes

<p><strong>This episode is brought to us in partnership with the Allstate Foundation.</strong></p><p>[Trigger Warning] Today’s show focuses on a very serious issue, domestic violence and specifically, financial abuse, described as the invisible weapon of domestic violence. It is something that happens in nearly all cases of domestic violence - 96 percent of domestic violence victims experience financial abuse.</p><p>October is Domestic Violence Awareness Month and I thought it would be helpful to revisit a conversation with earlier this year from one very brave survivor, Mercii Thomas. She recently left her abusive partner, a man that made her financially and geographically reliant on him. We’ll discuss the importance of understanding financial abuse and how that can prevent a victim from breaking free. We’ll explore the prevalence of domestic violence and financial abuse and the importance of financial empowerment....and share important resources for victims, survivors and their allies.</p><p>If you or someone you know wants to learn more about these issues, you can visit <a href="http://www.allstatefoundation.org/">allstatefoundation.org</a>. If someone needs immediate help, please reach out to the National Domestic Violence Hotline at 1-800-799-SAFE.</p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>