[Julie Kun: Chief Executive Officer, WIRE]
What’s really important to notice when looking at what cohorts maybe impacted both from family violence and financial abuse is what are the belief systems in that household? Is there a belief that women are less capable than men? That men are the dominant ones when it comes to making money decisions. That they have those rights and entitlements to do that, and sometimes it may not relate to gender it may relate to ethnicity.
You might have a household where one partner believes that because they’re of a certain ethnicity that they have the right to make all the financial decisions. So it is really looking at that power and control, when one partner believes that they have the right to make decisions and to act in certain ways, and for the other partner needing to be subordinate because they are who they are.
Understanding financial abuse is an important first step in offering support. These resources provide further information on the many forms financial abuse can take.