Financial Tips To Bring Freedom To Abuse Victims

For victims of domestic abuse, financial concerns can1. Call the National Domestic Violence Hotline at (800)
be a matter of life or death. Learning to manage799-SAFE to find a domestic violence program where
personal finances can empower victims to gain theiryou can learn about resources, such as emergency
freedom.assistance funds, shelter, public benefits and
According to the National Network to End Domesticaffordable housing.
Violence (NNEDV) Fund, domestic abusers commonly2. Get a copy of your credit report and monitor your
use financial control-blocking access to money and/orcredit often. You can request a free copy at or
other financial resources-to prevent victims from(877) 322-8228. Most financial institutions also provide
leaving an abusive situation.low-cost credit-monitoring services.
The uncertainty that comes with leaving a home and3. Open a post office box-and change your mailing
financial security is difficult for domestic abuse victimsaddress-for any financial information you may receive
to overcome. When a survivor does escape, she isbefore or after you leave an abusive situation. You
often left with few financial resources or skills tocan get one from the U.S. Postal Service or vendors
make ends meet.including Parcel Plus or the UPS Store.
The Allstate Foundation Domestic Violence Program,4. Contact financial institutions and utility companies,
in partnership with NNEDV Fund, has developed aincluding your cell-phone service, to secure your
program to give domestic abuse survivors theprivate information with new PIN codes and
knowledge and skills needed for economicpasswords. Change ATM and debit-card PIN codes
empowerment.and the passwords for e-mail and online banking
"Financial knowledge allows you to makeaccounts.
choices-choices to secure a better future for5. Make necessary changes to your insurance plans,
yourself and your family," says Barbara Stanny, anwill or trust beneficiaries, appointing a new person if
expert on women's financial issues and ayour abuser used to be your designee.
spokesperson for The Allstate Foundation DomesticFrom her own experience, Stanny cautions, "If you
Violence Program. She recommends these strategiesdon't deal with your money, your money will deal
for victims planning to leave abusive situations:with you.