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Divorce occurs because of financial abuse, too

On Behalf of | Aug 8, 2014 | Divorce

We often talk about Florida men and women who suffer from domestic abuse in physical and emotional terms; perhaps they were struck by their partner or abused through harsh, hateful comments. Did you know that there is another type of spousal abuse, however? It is called financial abuse, and it plays a major role in many Florida divorce proceedings. Here are a few indicators of financial abuse, along with methods for circumventing the situation to build a better life.

Financial abuse generally allows the abuser additional power and control over a spouse by pinching pennies and removing access to financial resources. In some cases, spouses who are suffering from financial abuse are forced to pursue career options that they do not want, including part-time work, which limits their ability to become financially independent. Further, some spouses force a detailed accounting of every single penny spent by their spouse, making the victim feel as though he or she is begging for basic necessities such as food and gas.

The moneyed spouse may also threaten to leave entirely, which could mean total withdrawal of financial support for the spouse with fewer financial resources. Control is established in the relationship because the partner fears that daily needs will not be met if the spouse leaves. Some victims also suffer because their spouse seizes every bit of their money before they can spend it, causing them to essentially work as indentured servants.

If you find yourself suffering from intolerable financial abuse, you can consider leaving your spouse. Planning your way out of the relationship may take time, but divorce is often the best method for ending this type of abuse. Skim money, get a secret job and establish credit using a card that is stored in a private bank box or at a friend’s house. With a little ingenuity, a victimized spouse can pursue a divorce along with fair alimony and child support payments from the financially abusive party.

Source: The Huffington Post, “Financial Abuse: 6 Signs and What You Can Do About it” Ginger Dean, Jul. 28, 2014