216 Understanding Financial Abuse - Jana Lynch, Financial Abuse Awareness Advocate

I’ve been following Jana Lynch for years ever since she was a fellow personal finance blogger (now she is an editor at DollarSprout). And although we’ve crossed paths a number of times at previous FinCons, this year we finally got to spend some time together and I couldn’t help but feel inspired by her knowledge and passion for educating others about financial abuse. I knew I needed to have her on the show to share what she knew because for whatever reason in my 200+ podcast episodes, not once have I interviewed anyone about the very important topic of financial abuse. But what is financial abuse exactly? According to the Canadian Bankers Association, “Financial abuse occurs when someone tries to take or control what belongs to you for their own benefit, not yours.” Or, as per VeryWellMind, “Financial abuse involves controlling a victim’s ability to acquire, use, and maintain financial resources.” In other words, financial abuse may be hard to see from the outside but it can be just as dangerous and damaging as physical or verbal abuse. I’m going to share some articles and resources in the show notes for after you’ve listened to this episode. If you or someone you know is experiencing financial abuse, just know that there is help and don’t be afraid to seek it. Visit jessicamoorhouse.com/contests to enter to win a copy of one of the books featured on this season of the podcast! For full episode show notes visit https://jessicamoorhouse.com/216