Catherine Fitzpatrick

In this Powerful Stories episode, Tory and Catherine Fitzpatrick discuss the topic of financial abuse, which is often overlooked or misunderstood, and share personal insights. They explore what financial abuse is, the warning signs, and the impact it has on victims. Catherine shares her personal motivation for advocating for systematic change and disrupting financial abuse. They also discuss the role of banks and institutions in supporting victims and preventing financial abuse.

Takeaways

• Financial abuse is a form of domestic and family violence where one person controls another through their access to money.
• Warning signs of financial abuse include limited access to money, being given an allowance, or having to perform certain tasks to receive money.
• It can be difficult for victims to recognize financial abuse, but friends, family, and colleagues may notice changes in behavior or financial patterns.
• Seeking help is crucial for victims of financial abuse, and there are organizations like 1800RESPECT that provide support and guidance.
• Banks and institutions can help prevent financial abuse by offering safe products and services and providing support to victims.
• It can take multiple attempts for victims to leave abusive relationships, and support from friends, family, and professionals is essential.
• Raising awareness and taking action can contribute to ending financial abuse and supporting victims in their journey to safety and empowerment.