What is Financial Abuse? (And How to Take Back Control)

Let’s talk about something that doesn’t get nearly enough attention—financial abuse. It’s one of the most common ways abusers maintain control, yet it’s also one of the least recognized. If you’ve ever felt trapped in a relationship because of money, struggled to access your own finances, or been manipulated into financial dependence, you’re not alone.

Financial abuse isn’t just about money—it’s about power and control. And it often comes hand in hand with emotional abuse.

What Does Financial Abuse Look Like?

Financial abuse can take many forms, and sometimes, you don’t even realize it’s happening until you’re deep in it. Here are some red flags:

• You don’t have access to money. Maybe your partner “takes care of the finances” but won’t let you see bank statements. Or you have to ask permission before spending money—even on essentials.

• Your ability to work is sabotaged. An abuser might prevent you from getting a job, make you late to work, or cause so much stress that you struggle to focus.

• Debt is used as a weapon. They might take out loans or credit cards in your name, ruining your credit. Or they might refuse to pay bills, putting you in financial chaos.

• They control how you spend. Every purchase you make is questioned or criticized. You feel guilty for spending money—even when it’s necessary.

• They use money to manipulate you. Maybe they shower you with gifts when things are good, only to use it against you later: “After everything I’ve done for you…”

• They make you financially dependent. They might convince you to quit your job, promising they’ll take care of everything—only to use that dependency as leverage.

Here’s the thing: this isn’t just about finances. It’s about control. And that control extends far beyond money.

The Emotional Toll of Financial Abuse

When someone has control over your finances, they often control much more than just your bank account. They control your choices. Your freedom. Your sense of security.

• You feel trapped. Without money, leaving an abusive situation can feel impossible. You might stay longer than you want to because you don’t see a way out.

• Your confidence is shattered. Over time, you start to doubt yourself: Am I just bad with money? Am I overreacting? Maybe I do need them to handle everything.

• You feel ashamed. Financial abuse can make you feel like you failed somehow—like you should have seen the signs sooner. (Spoiler: It’s NOT your fault.)

• You live in fear. Fear of financial ruin. Fear of not being able to support yourself. Fear of what will happen if you try to take control.

Financial abuse is deeply tied to emotional and psychological abuse. It’s not just about money—it’s about keeping you small, stuck, and dependent. But here’s the truth: You can take back control.

Rebuilding Your Financial Freedom

If you’ve been financially abused, reclaiming your independence might feel overwhelming. Start small. You don’t have to do it all at once. Here’s where to begin:

1. Get Clarity on Your Finances

Even if you don’t have full access, try to gather as much information as you can—bank statements, credit reports, any debts in your name. Knowing where you stand is the very first step.

2. Open a Secure Account

If possible, set up a bank account in your name alone. Choose a bank they don’t use, and make sure statements are sent to a safe place or better yet sign up for online statements.

3. Start Saving What You Can

Even if it’s just a few dollars at a time, start building a financial safety net. Hide cash if necessary or have a trusted friend or family member hold onto it.

4. Protect Your Credit

Check for any fraudulent accounts or loans taken out in your name. If needed, freeze your credit to prevent further damage.

5. Get Support

You don’t have to do this alone. There are financial advisors, legal aid programs, and support groups specifically for survivors of financial abuse. Asking for help is not a weakness—it’s a power move.

6. Heal Your Relationship with Money

Financial abuse can leave deep emotional wounds. You might feel anxious about money or struggle to make financial decisions on your own. Healing isn’t just about rebuilding your bank account—it’s about rebuilding your confidence.

Financial Abuse Recovery (FAR) Program

If you’re ready to break free from financial control and take back your power, I’ve created a Financial Abuse Recovery (FAR) program just for you.

It’s a three-month coaching program designed to help survivors of financial abuse:

✅ Rebuild financial independence

✅ Heal the emotional wounds tied to money

✅ Create a plan for long-term security

You don’t have to figure this out alone. You deserve financial freedom, confidence, and peace.

💜 Learn more here: Impart Clarity’s Financial Abuse Recovery Coaching

You are stronger than the circumstances designed to keep you stuck. And you are not alone.