Financial abusewithin romantic relationships occurs more often than people realize.
Unfortunately, it’s also a subject that is not widely discussed or can be difficult to identify.
Emily Irwinis a managing director and senior director of advice at Wells Fargo Wealth & Investment Management.
According to DeGeare, a financially abusive partner will generally make money decisions without their S.O.
This behavior sets up an imbalance of power within the relationship that can be incredibly hard to change.
The truth is, financial abuse breaks down trust and safety within relationships.
“It can lower self-esteem for one or both partners, too,” DeGeare said.
As for longer-term goals, Irwin recommends planning to have a more robust conversation at least annually.
