Bonus: Understanding Financial Abuse with Survivor Mercii Thomas

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 15 June 2021

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode is brought to us in partnership with the Allstate Foundation. [Trigger Warning] Today’s show focuses on a very serious issue, domestic violence and specifically, financial abuse, described as the invisible weapon of domestic violence. It is something that happens in nearly all cases of domestic violence - 96 percent of domestic violence victims experience financial abuse. We will hear from one very brave survivor, Mercii Thomas, who recently left her abusive partner, a man that made her financially and geographically reliant on him. We’ll discuss the importance of understanding financial abuse and how that can prevent a victim from breaking free. We’ll explore the prevalence of domestic violence and financial abuse and the importance of financial empowerment....and share important resources for victims, survivors and their allies. If you or someone you know wants to learn more about these issues, you can visit allstatefoundation.org. If someone needs immediate help, please reach out to the National Domestic Violence Hotline at 1-800-799-SAFE. You can also learn more about financial abuse and the signs here in my latest blog post. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Bonus so many episodes, understanding financial abuse with Survivor Mercy Thomas.
0:06.5	You're listening to So Money, with award-winning money guru Farnoosh Karabi.
0:11.1	Each day, in a 30-minute dose of financial inspiration from the world's top business minds,
0:16.3	authors, influencers, and from Farnoosh yourself.
0:20.6	Looking for ways to save on gas or double your double coupons?
0:24.1	Sorry, you're in the wrong place.
0:26.3	Seeking profound ways to live a richer, happy your life.
0:29.7	Welcome to So Money.
0:32.8	This episode is brought to us in partnership with the Allstate Foundation.
0:37.1	It helps me own my own power and the life that someone tried to put out,
0:42.1	because abuse festers in silence and in the shadows.
0:45.6	And I think my abusive did a very good job of attempting to isolate and make me think that I was
0:51.2	alone in my experiences were extremely unique and something that no one else would understand.
0:58.0	Welcome to So Money, everybody.
0:59.6	And spending part of your day with us, I'm Farnoosh Karabi.
1:02.6	Today's show was an extra episode focusing on a very serious issue, domestic violence.
1:08.4	And specifically, financial abuse,
1:10.8	described as the invisible weapon of domestic violence.
1:14.8	It is something that happens in nearly all cases of domestic violence.
1:19.9	In fact, 96% of domestic violence victims experience financial abuse.
1:26.4	Trigger warning, we are going to hear from a very brave survivor,
1:30.3	Mercy Thomas, who recently left her abusive partner, a man that made her
	...

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