Control through finances
No one has the right to use your money or control how you use your money. Financial abuse is used to control a person through their finances. For instance, by deciding what you may or may not purchase, denying you access to your money or cheating you out of your money.
A person being financially abused can become isolated and lose their independence. Since they become dependent upon the person who is abusing them, it can be very difficult to terminate the relationship.
It is financial abuse if a person:
- Gives you pocket money and monitors what you purchase.
- Transfers your money into their bank account and refuses you access to it.
- Prevents you from seeing information regarding shared bank accounts.
- Forbids you to work or restricts the amount of work you do.
- Uses your shared finances in excess without your permission.
- Uses money to control you because you have little or no access to money.
- Makes you responsible for shared debts.
- Uses your cards without your permission.
- Takes loans in your name without your permission.
It is always best to talk to someone about how you are feeling and what you are experiencing. If you want assistance, contact abuse support centres for free: Bjarkarhlíð in Reykjavík, Bjarmahlíð in Akureyri or Sigurhæðir in Selfoss. It doesn‘t matter how long it has been since the abuse occurred.
Everyone, both adults and children, can also talk to someone for free at 1717 (Red Cross helpline) through phone or web chat.