It’s easy to spot a black eye or broken bone.
But many other symptoms of domestic violence are invisible to outsiders. That’s especiallytrue of financial abuse, which occurs in 99 percent of domestic violence cases,according to a survey released by Allstate Foundation Purple Purse, a campaignthat seeks to end domestic violence through financial empowerment.
Tennis star and women’s rights advocate Serena Williams has made it her personal mission to bring more attention to the subject. Williams,who serves on the board of advisers for Oath, HuffPost’s parent company, hasjoined Purple Purse as an advocate and ambassador for a second year.
“In the U.S. one in four women will experience domestic violence in her lifetime and in almost every case, financial abuse also occurs,” Williams told HuffPost. “Every time I say this statistic out loud itshocks me — that one woman could be a friend, a family member, a colleague. We have to do better and get those numbers down.”
What Is Financial Abuse?
Serena Williams is this year’s ambassador for the Allstate Foundation Purple Purse, which seeks to end domestic violence through financial empowerment.
“One of the most invisible forms of domestic violence is financial abuse,” Williams said. It can take on many forms, and varies from relationship to relationship, but the unifying characteristic is that money isused as a means of manipulation.
“Abusers use finances as a weapon that keep victims trappedin toxic and dangerous relationships,” Williams said. Whether it’s controlling access to money or sabotaging their credit, financial abuse is meant to keepdomestic violence victims from having an easy way out.
Though nearly 1 in 4 women and 1 in 7 men have experiencedsevere physical violence by an intimate partner in their lifetime, domestic abuse is rarely discussed. Just over half of respondents in the Allstate survey said they or someone they know have been a victim of domestic violence or financial abuse, yet only 44 percent have talked about the topic with a familymember or friend.
Major Signs Of Financial Abuse
Because financial abuse isn’t as obvious as physical violence, it can be tough to spot. But if your partner exhibits any of the following behaviors, it’s likely they are abusing you financially.
1. Limiting access to money or controlling your spending.
Since having a safety net of cash is often key to escaping a toxic relationship, abusers will ensure their victims don’t have enough moneyto get by on their own. “An abuser might greatly restrict a victim’s access tocredit cards or cash,” said Ellen Lisak, a communications officer for AllstateFoundation Purple Purse. For instance, they might demand you hand over yourpaychecks or the online passwords to your banking accounts.
An abuser also might closely monitor your spending, Lisak said. “You don’t have the flexibility to even buy groceries or socks for your kids or other common, everyday purchases,” she explained.
By making you 100-percent dependent on your abuser for basic living expenses, they ensure you can’t leave, even if you wanted to ― let aloneafford a tank of gas or hotel room to escape.
2. Interfering with your job.
Another major sign of financial abuse is when your partnertries to limit your ability to earn money by preventing you from keeping a job. They might show up to your work and cause disruptions, which may get you fired. It’s also common for abusers to sabotage your ability to keep up with work responsibilities, such as taking your car without permission or promising towatch your children and then never showing up.
3. Ruining your credit.
Finally, a tactic that Lisak said she’s seeing a lot thesedays is ruining the victim’s credit. An abuser might run up your credit card balance and purposely neglect bills in your name. “That has a devastating ripple effect,” she said. For instance, if you have bad credit, you can’t qualify to rent an apartment. That can prevent you from finding a living situation away from your abuser.
“It’s making it nearly impossible for these victims to rebuild their lives because they’re coming out saddled with such horrific debtin their name,” Lisak said.