The Narcissistic Abuse & Trauma Recovery Podcast – Covert Financial Abuse By The Narcissist

Intro

The Narcissistic Abuse & Trauma Recovery Podcast aims to provide awareness, understanding, and education about the devastating effects of narcissistic abuse. The host shares her personal experiences and provides hope, inspiration, education, and humor to showcase that there is hope and light after the trauma. In this episode, the focus is on covert financial abuse by narcissists, a form of abuse that is not commonly recognized.

Main Takeaways

Recognizing Covert Financial Abuse

• Covert financial abuse is a form of financial abuse that is not commonly recognized.
• This type of abuse involves a partner having everything in their name, including the house, cars, and utility bills.
• The abuser may put the victim’s name on a credit card or bank account, but they hold the main bank account and are always in control.
• Having nothing in the victim’s name isolates them from having a financial footprint and can make it difficult for them to leave the relationship.

Taking Steps Towards Financial Independence

• Victims should consider getting a bank account in their name, but should prioritize their safety and keep it private from their partner if necessary.
• Financial abuse can be giving an abundance of money, but wanting receipts, wanting everything taken care of, and nothing in your name. It’s all about power, control, and isolating you so you become totally reliant on the abuser.
• Financial abuse can leave victims vulnerable and isolated, and it’s important to seek support from local domestic abuse charities and trusted friends or family members.
• Financial abuse is not often talked about, but it is a serious matter that can affect anyone regardless of gender.

Support and Recovery

• Carolina is open to doing more podcasts on other types of financial abuse and welcomes topic ideas from listeners.
• The podcast covers a wide range of topics and approaches trauma recovery from a nervous system perspective.
• The speaker encourages listeners to join her free and private Facebook group for narcissistic abuse and trauma recovery for women.
• The message is that listeners are not alone and can move from surviving to thriving after narcissistic abuse.
• The speaker welcomes topic ideas from listeners for future podcasts on financial abuse.

Summary

Recognizing Covert Financial Abuse

Covert financial abuse is a form of financial abuse that often goes unnoticed. It involves the abuser having complete control over all financial aspects, including property ownership and utility bills. The victim may have their name on a credit card or bank account, but the abuser maintains control of the main bank account. This isolation and lack of financial independence can make it challenging for victims to leave the abusive relationship.

Taking Steps Towards Financial Independence

Despite the difficulties, victims should prioritize their safety and consider opening a bank account in their name. However, it is crucial to keep the account private from their partner if necessary. Financial abuse is not just about withholding money; it is about power, control, and isolating the victim. Seeking support from local domestic abuse charities and trusted individuals can provide the necessary guidance and assistance in recovering from financial abuse.

Support and Recovery

The Narcissistic Abuse & Trauma Recovery Podcast offers a safe space for survivors to gain awareness, understanding, and inspiration. Carolina, the host, is committed to addressing various forms of financial abuse and welcomes topic suggestions from listeners. The podcast takes a holistic approach to trauma recovery, focusing on the nervous system’s perspective. Listeners are encouraged to join the free and private Facebook group for additional support and to connect with others who have experienced narcissistic abuse.

Conclusion

Covert financial abuse is a serious issue that can have long-lasting effects on survivors. By recognizing the signs and taking steps towards financial independence, victims can regain control over their lives. The Narcissistic Abuse & Trauma Recovery Podcast provides valuable insights, support, and resources to help survivors move from post-traumatic stress to post-traumatic growth. Remember, you are not alone, and there is hope for a brighter future.