Many SOAR members have experienced the devastating impacts of economic abuse firsthand—not surprisingly, as financial abuse is present in 98% of abusive relationships.
The impacts of financial abuse can be felt for years after leaving the relationship. As survivors work to rebuild their lives free from violence, they must often find affordable housing, reestablish credit, manage debt, and search for new employment. Financial literacy is key in helping survivors regain control over their finances.
SOAR is determined to change the odds by raising awareness about financial abuse and the importance of financial literacy. SOAR members are available to provide presentations and training on financial abuse and financial literacy to the community. To inquire about scheduling a SOAR presentation, contact Shannon Cordeiro, SOAR Coordinator, at 401-467-9940 or [email protected].
The Allstate Foundation's Moving Ahead Through Financial Mangement curriculum is a great tool, designed to empower survivors to understand and manage their finances. You can access their online curriculum here.
SOAR is a grantee of The Allstate Foundation's Financial Empowerment Grant Program, supporting SOAR members and the broader community in the areas of financial education, job readiness and training, and credit building. SOAR does this work through trainings, events, digital media, and partnerships with local community organizations and RICADV member agencies.
Watch SOAR's Financial Literacy Digital Stories series!
Chapter 1: Financial Abuse
Financial abuse happens in 99% of domestic violence cases. We asked SOAR members to tell us about their experiences with financial abuse. These are their answers, in their own words.
Chapter 2: Leaving
Victims of domestic violence face many barriers to ending the abusive relationship. We asked SOAR members to tell us about their experiences leaving. These are their answers, in their own words.
Chapter 3: Moving Ahead
Healing and rebuilding after financial abuse is possible. We asked SOAR members to tell us how they were able to move ahead. These are their answers, in their own words.