What is financial abuse? What are examples of financial abuse? Financial control can be part of a nefarious plot and key part of making the victim feel impotent, dependent, and isolated. Because financial abuse is so damaging, it must be addressed in the divorce. Why does financial abuse happen? How do you identify financial abuse in a relationship? For more information, read Divorcing the Narcissist: What motivates the abuser? Why do some spouses feel the need to be in absolute control of the family finances? Domestic financial abuse is about control. Financial control could include using legitimate financial tools designed to prevent fraud, for the abusive purpose of tracking the other spouse. The abuser may keep the other spouse in absolute darkness as to marital resources and debts. Lack of communication is an issue for many couples facing divorce. But the controlling spouse may never discuss finances with the victim. Financial abuse can involve keeping the o...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)