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What constitutes financial abuse ?

(37 Posts)
PinkCosmos Thu 23-Dec-21 15:30:45

I am asking this question following a post by Serendipity on AIBU.

Quite few posters said that she was being financially abused as her husband gave her £100 a month 'spending money' whilst he had lots of savings. She was asking whether she should keep a cheque that had arrived in her name.

We have a joint account. I work full time and my wage goes into it plus the money from another joint part time job that we have. So, in my opinion, three quarters of the money going in is earned by me. All of the household bills come out of this account.

My DH has a full time job and earns the same amount as the amount that goes into the joint account. He keeps this money for himself and uses it to pay his phone bill and any other bills or HP payment he has signed up to.

He regularly spends all his money each month. He does not gamble, smoke or drink to excess. He has a lot of expensive hobbies which require expensive equipment. He is very generous but is hopeless with money.

Until a few years ago he had a card for the joint account. However, I got so fed up of him spending all the money in his account and then spending money from the joint account that I cut his card up. He knew I had done this.

My question is, am I now financially abusing him by denying him access to the joint account. Or, was he financially abusing me by spending all of his money and then spending money from the joint account.

Things aren't always so black and white when it comes to money and relationships.

It's great if you both have the same outlook when it comes to money. It isn't so great when one of you is financially irresponsible.

My first husband was also rubbish with money. A few years after our divorce he had his house repossessed. He had borrowed against the equity in the house and got into so much debt.

Hetty58 Fri 24-Dec-21 11:57:00

If somebody spends (or saves) too much, it's reasonable for the other partner to take over the financial management.

When wages were paid in cash, one chap where my OH worked was not allowed to collect his wage packet. His wife came to collect it and handed him his 'pocket money'. Of course, they all joked about it - but he had a gambling problem.

sodapop Fri 24-Dec-21 12:12:09

That is exactly what we do Dee1012 works well for us. I was 'stung' as well in my first marriage so this suits me fine.
You say you are happy with the current arrangements PinkCosmos but yet you question it on here. In my experience financial issues can undermine a marriage .

PernillaVanilla Fri 24-Dec-21 12:13:04

I think it is an issue if the way money is allocated detracts from living in partnership. DH and I have always regarded all money as joint money, so the small inheritances, bonuses and lump sums we have had have been divided equally. We usually give a small proportion each to our sons if we have an unexpected benefit. We each have our own bank accounts and each pay a proportion of the bills. DH pays me a sum every month to ensure we are in exactly the same position as his income is a little more than mine. (lucky bloke, as he is semi retired too!) If we need to buy or pay for anything we divide it equally between us. We have always been happy together and never fallen out about money.

storynanny Fri 24-Dec-21 12:18:44

My first husband amongst other things was financially abusive. Although at the time, the early 1980’s, I didn’t know it was such a thing. I was at home with babies and had no access to money, despite him being a business man. Obviously not a very good one though, as utilities were often cut off, rented tv taken away, mortgage not paid etc. Despite that he had a good social life and expensive hobbies. I often only had 20p in my purse.
In my opinion financial abuse means that one of the partnership is having a better standard of living than the other half.

M0nica Fri 24-Dec-21 12:37:13

I think every parnership will organise its accounts in a way that suits them. There is a no right or wrong. But the result should be that each member of the partnership has equal access to the assets, cash and capital, unless there is good reason for that to happen - when faced with a seriously spendthrift partner, where there is a second marriage and assets need to be protected for the children of the first marriage to inherit and other similar things.

As some have said, a relationship is not abusive if both couples are happy with it, but I have doubts about that, if one person is clever enough they can manipulate the other person, to agree to arrangements that are inherently abusive.

Allsorts Fri 24-Dec-21 17:07:48

That’s very sad Meryl. Usually you can’t fake a generous spirit. It must have been quite a shock.

Penelope2020 Thu 26-Jun-25 18:29:39

My husband was very happy for me to give up work when our first child was born. I, too, revelled in my new role of stay at home mummy.

However, I have found that even when he is home, he is not too keen on looking after our children for more than 30 to 60 minutes each day.

Also, he has his salary paid into an account which I have no access to. He gives me money when I need it but I feel awkward having to ask.

When I raise these issues, he says he doesn't want to discuss it.

Does anyone have any advice as to how I might deal with them? Or do I just need to accept that this is how things will be?

Georgesgran Thu 26-Jun-25 18:41:13

ANOTHER OLD THREAD RESURRECTED.

You might want to start a new thread Penelope2020 but you might get better responses from Mumsnet,

Penelope2020 Thu 26-Jun-25 20:20:54

Whoops, sorry

Nightsky2 Thu 26-Jun-25 21:46:34

Chewbacca

In your shoes, I'd have my salary paid into my own personal account and then transfer exactly 50% of the anticipated monthly bills into the joint account. OH should do the same. The income from the joint part time work could be left in the joint account to pay for holidays etc. Financial abuse is where one person is taking advantage of the other. Do you think that you're in this position PinkCosmos?

This.

I wouldn’t be happy with this arrangement. You should have your own bank account and just agree to put an equal amount into a separate account to cover all bills, food, heating, holidays etc.,. Why should you put all your money into the joint account while your DH only puts in enough to cover the bills and spends the rest on himself. I wouldn’t be happy with that. What about the rainy days. Has he never learned to save money.

Nightsky2 Thu 26-Jun-25 21:51:18

Dec, 21🙁