“The husband manages the money”: what is economic violence

What is economic violence

Family economic violence is a type of psychological pressure in which one person controls all the money in the family, and he uses them for his own interests. The worst thing is that most of the victims do not understand what is happening. People often think that this is just part of the established family rules and that the restriction of financial freedom is the norm.

Women are three times more likely to be victims of economic violence, for historical reasons:

1. Women’s wages are often valued lower than men’s.
2. The woman usually goes on parental leave. And during this period, she begins to completely depend on the man, since her main concern for this period of time is the baby that has appeared in the family.
3. Often men themselves persuade the chosen one to give up work and devote themselves to the hearth and children.

Economic violence in the family means total control over the family budget, refusal to give money for children (or to pay alimony), and obtaining loans for the wife, and recording all acquired property only for oneself.

How many of the fair sex cannot start doing what they love, travel, buy what they want, because they are in a state of complete dependence on a man?

According to statistics, 55% of women happened to ask for money from their spouse, while 10% (every tenth!) Have to do this all the time, and 20% – from time to time. Of course, on this basis, a woman begins to feel uncomfortable, uncomfortable. A sense of shame covers her, fears form inside, she feels dissatisfaction with her life.

How to get out of the state of economic violence?

To stop being a victim of this type of psychological abuse, you need to improve your financial literacy. This will allow you to take care of personal financial stability and provide for your children. Here are some tips on how to do this:

Create your sources of income

Let it be small, but your own finances. Their presence will give a sense of security, because in any situation you will be sure that no matter what happens, you have the skill of making money on your own and an understanding of how to do it. In addition, personal income increases self-esteem and self-respect.

You can create your own source of cash receipts using 9 proven methods:

1. Get cashback by paying for purchases with a debit bank card. To do this, it is enough to issue it for yourself. Today, a number of banks offer products with interesting conditions: Tinkoff Black, Homecredit Polza, MTS Cashback, Gazprombank Smart Card, Raiffeisenbank Cashback Card, Alfa-Bank card with benefits. If a man gives out money for expenses in cash, it is easy to deposit it into an account at a bank branch and make savings using cashback.
2. Get cashback from checks when paying for purchases in offline stores. To return money from stores and supermarkets, install one of the applications (Backit, Checkback from Vkontakte, MTS Cashback, Edadil, Diskonto, ChekScan and others), scan the checks and get some of the funds back.
3. Get cashback from online purchases using cashback services. To do this, choose a service that cooperates with those stores where you most often purchase things. Sign up and receive a refund after every purchase. Top verified services I can recommend: Kopikot (over 1000 brands), Cashback (perfect shopping option from China), Letyshops, SecretDiscounter; Sale, Cash4Brands, Biglion.
4. Sell ​​things you don’t need. Using the Avito and Yula platforms, post photos of things with a description. On Avito, use the “auto-publish” function, which will allow you to update the ad automatically.
5. Take advantage of government benefits by returning 13% of personal income tax. Income tax is eligible for a refund: beneficiaries, people who have a loan to buy a home or refinance, buy a house or apartment. There is a possibility of a refund if the money was spent on treatment or the purchase of medicines, education, voluntary insurance or pension financing. To do this, collect a package of documents and take them to the tax office.
6. Skillfully use a debit card with interest and a credit card with cashback. First, transfer some amount to a debit card. Within a month, you can spend money from a credit card and receive cashback. At the end of the month, receive interest on a debit card and pay it for the interest on the loan. But remember: the amount of expenses from a credit card should not exceed income.
7. Pay taxes and get cashback. If you already have a cashback card, study the MMC codes in the loyalty program. For example, taxes go through code 9311. When this code is presented at the expense transaction point, consider the cards from which you can get cashback on it: Citibank, Alfa Bank, Homecredit, All at once from Raiffeisenbank, MTS money. Payment must go through the personal account of the tax.
8. Give up bad habits. Calculate how much money you spend on coffee, cigarettes, sweets and other unnecessary things. Think about what you could refuse, and put this money in a piggy bank.
9. Make money online. You can remotely master a specialty (methodologist, curator, targetologist, designer, and others), which allows you to earn money without leaving your home, having only a laptop at hand. Today there are many online schools for every budget. If there are no funds for training, try yourself in different areas of activity, finding clients in thematic groups on social networks or on exchanges, hone your skills.

Learn to manage your finances on your own

Count income and expenses, take control of all financial flows that concern you and your children personally.

Create a financial “airbag”

Start saving 5-10% of all cash receipts. Even if at first it seems to you that this is a drop in the ocean, you will develop the habit of allocating part of the funds “in reserve” and over time you will be surprised at what kind of financial cushion you already have. Having money for an emergency creates a sense of security and inner confidence.

Boost your self-esteem

If you find yourself in a situation of economic violence, most likely your inner voice says that you deserve this and are not capable of anything more. Don’t let him determine your future! Realize that you have the right to respect and happiness, to financial independence or equal participation in the distribution of the family budget. Even if you are a young mother who is on maternity leave and temporarily unemployed.

Go to a qualified psychologist who will help you gain inner support and confidence.

And remember that total control over financial flows, manipulation and humiliation through the control of money is not the norm of family life, but real economic violence.