Are You a Victim of Financial Abuse? 10 Red Flags

Financial abuse is a serious form of domestic violence, but no one ever really talks about it.

While financial abuse is devastating, many, like me, may be totally unaware it’s happening to them.

In the beginning, financial abuse can be so subtle it’s easily misinterpreted as a loving gesture.

 “I don’t want finances to stress you,” my first husband would say to me. “Let, me take care of the money and I’ll give what you need.”

However, as in my case, the abuser’s efforts to control will, in time, escalate into intimidation, threats of violence and often, physical harm.

How do you know if you’re a victim? Here are 10 Red Flags. Read them carefully and circle the ones that apply to you:

  1. Your spouse refuses to talk about money. He gets defensive, angry or accusatory.

  2. Your spouse goes on spending binges, buying expensive items you really can’t afford.

  3. Your spouse racks up debt on your credit card.

  4. Your spouse frequently gambles, at the casino, the racetrack, or in the stock market.

  5. You get frequent calls from creditors, which your spouse dismisses or assures you everything is ok.

  6. Your spouse keeps saying you don’t have enough to buy certain items, which doesn’t make sense based on your income.

  7. Your spouse uses money to control you or restricts your access to money.

  8. You question his financial decisions, and he immediately turns the table and makes you wrong.

  9. You notice how often you excuse, justify, rationalize his behavior to others and yourself.

  10. Your gut tells you something is wrong.

Have you been affected by financial abuse? Share in the comments below. Your story could help someone else.

Comments & Feedback

  • Lisa

    These are other sneaky signs 🪧

    Sign 11 is when someone starts arguments with you about nothing while you’re getting ready to go to work or calls you at work to argue. This can cause people to lose an income! It’s done on purpose!

    Be careful about a romantic partner buying you a gift like a car with money they don’t have, then expecting you to make the payments later and co signing on a restructured loan when 95% of the debt was accumulated before the relationship and with a different partner. That’s entrapment to make sure you can never leave them, even if you want to! They can hit you hit you up to sign this if you’re unemployed and expecting kids from a previous relationship to live with you (duress and stress). Don’t sign it if it’s written in a foreign language you don’t understand! The contract can be void if it’s not translated into your native language and if you were under pressure while signing it.

    People forgetting their wallet all the time so you have to pay!

  • barbara huson

    These are really good additions to my list, Lisa! Sounds like you might have had some experience with this issue. Thanks so much for adding to my knowledge xo

    • Lisa

      Hi Barbara,

      I’ve gotta lotta of examples of financial abuse I can share. It’s done by both genders. Men get financially abused, too. It’s very sneaky 😏!

      Studying American Government Law and Law of Sales and Contracts really helped me become very aware of how people secretly think they’re getting the upper hand in a relationship or control over another person, when they’re not 😂

      The other day, I heard about a wife who pays for all her kids needs; daycare, diapers etc, while the husband pays for the house and drives a brand new car while she drives an old clunker and is in over $ 100,000 childcare debt 💸. If she thinks that the kids completely belong to her, because she got in debt for them , she might be wrong and if he doesn’t want to support his kids that’s wrong, too! If he thinks that house solely belongs to him, he might be wrong as well. So many red flags 🚩

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Meet Barbara Huson

When a devastating financial crisis rocked her world, Barbara Huson knew she had to get smart about money… and she did. Now, she wants to empower every women to take charge of their money and take charge of their lives! She’s doing just that with her best-selling books, life changing retreats and private financial coaching.

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