Money Box
Money Box Live: Escaping Economic Abuse
Jan 1, 2025
Sam Smethers, CEO of Surviving Economic Abuse, sheds light on the hidden crisis of financial control in relationships. Almost a million women face economic abuse, often leaving them trapped and vulnerable. The conversation unveils the legal recognition of economic abuse and its devastating impact on access to necessities. Personal stories spotlight the emotional toll and the urgent need for awareness and systemic support, emphasizing how recognizing the signs can empower victims to reclaim their autonomy.
27:48
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Quick takeaways
- Economic abuse, now legally recognized, traps victims in relationships by restricting access to finances and essential resources like food and clothing.
- Recognizing economic abuse's signs is crucial for victims and witnesses, empowering them to seek help and document manipulative behaviors effectively.
Deep dives
Understanding Economic Abuse
Economic abuse is a form of coercive control that can severely impact victims, often manifesting as control over finances and essential resources. Statistics reveal that around one in seven women in the UK have experienced such abuse, which includes manipulation of money, debt, and the essential items needed for daily living. This abuse creates a dependency that keeps victims, often women, trapped in toxic relationships, limiting their access to funds and basic necessities such as food and clothing. Victims may not recognize these controlling behaviors as abuse, making it difficult for them to seek help or escape their situations.
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