This episode of the More Money Podcast is sponsored by the Manulife Vitality. Available on all CoverMe Health and Dental plans, the Manulife Vitality works so that the more engaged you are and the healthier choices you make, the more points you can earn towards earning Amazon gift cards, discounts at Hotels.com and savings on insurance premiums. To learn more, visit CoverMe.com or Manulife.ca/Vitality.
I’ve been following Jana Lynch for years ever since she was a fellow personal finance blogger (now she is an editor at DollarSprout). And although we’ve crossed paths a number of times at previous FinCons, this year we finally got to spend some time together and I couldn’t help but feel inspired by her knowledge and passion for educating others about financial abuse. I knew I needed to have her on the show to share what she knew because for whatever reason in my 200+ podcast episodes, not once have I interviewed anyone about the very important topic of financial abuse.
But what is financial abuse exactly? According to the Canadian Bankers Association, “Financial abuse occurs when someone tries to take or control what belongs to you for their own benefit, not yours.” Or, as per VeryWellMind, “Financial abuse involves controlling a victim’s ability to acquire, use, and maintain financial resources.” In other words, financial abuse may be hard to see from the outside but it can be just as dangerous and damaging as physical or verbal abuse.
I’m going to share some articles and resources below after you’ve listened to this episode. If you or someone you know is experiencing financial abuse, just know that there is help, and don’t be afraid to seek it.
Visit jessicamoorhouse.com/contests to enter to win a copy of one of the books featured on this season of the podcast!
Help with Financial Abuse
- U.S. National Domestic Violence Hotline
- U.S Office on Women’s Health Helpline
- Ending Violence Association of Canada
- Assaulted Women’s Helpline
Articles by Jana on Financial Abuse
- Financial Infidelity and Financial Abuse: How They’re Linked
- Elder Financial Exploitation and Abuse: More Than Scams
- Financial Abuse: One Survivor’s Story
- Financial Abuse: What You Need to Know and How to Help
Further Info on Financial Abuse
- Financial abuse: what you need to know and where to get help
- Economic Empowerment Strategies for Women: Understanding Financial Abuse & Safety Planning
- How to Identify Financial Abuse in a Relationship
+ show Comments
- Hide Comments
add a comment