Economic Empowerment of Domestic Violence Survivors

Judy L. Postmus · Sandra Mayoral Pedroarias · Kim Pentico

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Intimate Partner and Family Violence Financial Literacy, Pension, Retirement Analysis Elder Abuse and Neglect

Abstract

VAWnet is a project of the National Resource Center on Domestic Violence. “The results of early studies suggest that financial literacy and economic empowerment programs are indeed effective in assisting survivors to improve their financial knowledge, increase their confidence about managing their financial affairs, and enhance financial behaviors that will improve their financial safety and security (Postmus & Plummer, 2010; Weaver, Sanders, Campbell, & Schnabel, 2009). While financial literacy programs targeting women and low-income populations have also been found to be successful, all such programs should incorporate information that is specifically targeted to the unique and complex safety concerns faced by domestic violence survivors.” This paper reviews and critiques the existing literature on economic abuse experienced by domestic violence survivors and selected economic empowerment programs designed to address such abuse and its aftermath. Economic abuse is a form of domestic violence and includes a range of tactics used by an abuser to undermine the economic independence of a current or former intimate partner. Economic empowerment is an overarching theme that includes the following: 1) an increase in financial literacy or the knowledge and skills to make sound financial decisions and obtain resources; 2) an improvement in economic self-efficacy or the belief that one has the resources, options, and confidence to be successful; and 3) an enhancement in economic selfsufficiency or economic behaviors that demonstrate their economic self-efficacy or financial literacy regarding personal financial management (Gowdy & Pearlmutter, 1993; Perry & Morris, 2005; Vitt, et al., 2000). Often, the vehicle to promote economic empowerment centers on financial literacy programs.

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References

1996The Revised Conflict Tactics Scales (CTS2)2000The Consequences of Divorce for Adults and Children 1998An Analysis of Personal Financial Literacy Among College Students 2003Household Financial Management: The Connection between Knowledge and Behavior 1997Education and Saving: The Long-Term Effects of High School Financial Curriculum Mandates 1989The Development of a Measure of Psychological Maltreatment of Women by Their Male Partners 1992Measuring empowerment in families whose children have emotional disabilities: A brief questionnaire.2005Who Is in Control? The Role of Self‐Perception, Knowledge, and Income in Explaining Consumer Financial Behavior

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2015A Randomized Controlled Trial of a Financial Literacy Curriculum for Survivors of Intimate Partner Violence

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