Economic abuse can take many forms, including the control of a current or ex-partner's finances. Research suggests that this type of abuse is more common than previously thought.
Nearly one in five women surveyed reported that their current or former partner had pressured them to give them money in the last 12 months. A similar proportion said they were forced to buy things they did not want to buy, while 17% reported that their partner deliberately destroyed or damaged their belongings or property.
Surviving Economic Abuse estimates that one in six women in the UK have experienced economic abuse by a current or former partner. This can have serious consequences, including the prevention of young women from working, studying, or training. In fact, among the 36% of young women who experienced economic abuse, more than a quarter said their partner prevented them from pursuing their goals.
Experts warn that economic abuse can be difficult to spot, but recognizing the warning signs early on is crucial. By challenging harmful behaviors before they escalate, parents, teachers, and education professionals can make a life-changing difference for young women. Several organizations, including Surviving Economic Abuse and Durham University Centre for Research into Violence and Abuse, are working together to educate young people about economic abuse and build respectful relationships.
A recent survey of over 1,900 women aged 16 to 24 across the UK revealed disturbing statistics about economic abuse. One in ten women reported that their partner controlled or attempted to control their access to mobile payment accounts. This type of abuse can have long-lasting effects on a woman's financial stability and independence.
Organizations are working to raise awareness about economic abuse and provide resources to help individuals recognize the signs of this type of abuse. By taking action now, we can prevent further suffering and promote healthier relationships.
