WHAT IS ECONOMIC SAFETY?
Economic safety is vital to a person’s wellbeing. Economic safety means:
• Being free of economic abuse (see definition below)
• Having access to appropriate financial products to support economic safety
• Receiving fair and appropriate financial support for children, or others, in your care
• Having structural and systemic support to maintain and build your economic safety over time.
ABOUT ECONOMIC ABUSE
Economic abuse is a form of family violence that: “… involves behaviors that control a [person’s] ability to acquire, use and maintain economic resources, thus threatening her [or his] economic security and potential for self-sufficiency.” (Adams 2008)
Economic abuse includes a range of behaviours carried out by a perpetrator such as:
• controlling a victim’s access to cash and bank accounts
• hiding financial information and assets
• sabotaging study and/or employment opportunities
• not contributing to household bills
• forcing a partner to take out debt
• manipulating finances to avoid or reduce child support payments.
Source: Adams, A. (2008). Development of the Scale of Economic Abuse. Violence Against Women,14, 563-588.