Financial abuse is a serious issue which can come in many forms and involves someone (usually a family member) abusing your relationship to gain control of your finances. It’s important to be aware of the risks of financial abuse and what to look for so you can get help.

Some examples of financial abuse:

• Withholding your own money from you
• Controlling the household finances or refusing to include you in financial decisions
• Forcing a family member to be the guarantor on a loan
• Forging a family members signature on financial documents
• Pressure to give away your money
• Persons authorized to manage your money but not acting in your best interest, or using your money for themselves
• Asking for money as a loan but never paying you back


Financial abuse behavior signs:
It can be difficult to distinguish financial abuse as some family members may use affectionate language or actions to manipulate you to give them money or financial assistance. They may put a lot of pressure on you or guilt trip you into helping them with money.

There can be a pattern of behavior where someone seeks to control or sabotage your financial resources such as preventing you from working, withholding your income from you, or refusal to pay their portion of bills and expenses.

How to get help:
If you or someone you know is experiencing financial abuse, please contact 1800RESPECT on 1800 737 732 or via their online chat. This is an independent service that is confidential and free and can provide you with support.

If you are a Community First Credit Union member and are concerned about financial abuse, please contact us on 1300 13 22 77 for further assistance.