20.3 Building a Support System for Ongoing Protection

A strong support system is essential for maintaining financial independence and safeguarding against future financial abuse. Here’s how you can create and maintain a network of trusted advisors and allies:

1. Trusted Advisors

Establish relationships with professionals who can guide and protect you:

  • Financial Advisors: Work with certified financial planners or advisors who can help you manage your money, develop a financial plan, and avoid manipulative situations.Example:
    After leaving an abusive relationship, Maria partnered with a financial advisor who helped her set up independent accounts and create a long-term financial plan to secure her future.
  • Legal Professionals: Develop connections with lawyers or legal aid organizations who specialize in domestic violence or financial abuse cases. They can offer legal advice and assist with protective measures if needed.
  • Therapists or Counselors: Financial abuse often has emotional impacts. A counselor experienced in financial or domestic abuse can provide emotional support and guide you through recovery.

2. Support Networks

Connecting with others who have faced similar challenges can provide invaluable emotional and practical support:

  • Support Groups: Join support groups focused on financial independence or recovery from domestic violence. These groups can offer a safe space to share experiences and receive advice from others who understand your situation.Example:
    Laura found strength and actionable advice from a financial abuse survivor support group that helped her rebuild her credit and confidence.
  • Non-Profit Organizations: Many non-profits provide ongoing support and resources for individuals seeking financial independence after abuse. Look for organizations in your area that offer financial education, legal assistance, or emotional support.

3. Regular Check-Ins

Maintaining regular communication with your support system is crucial for ongoing protection:

  • Scheduled Financial Reviews: Meet regularly with your financial advisor or mentor to review your financial status, update your goals, and identify any potential risks.
  • Support Group Meetings: Continue attending support group meetings or connecting with your network. These regular check-ins offer encouragement and help you stay informed about any new resources or protection measures.
  • Ongoing Education: Keep learning about financial management, abuse prevention, and legal protections to stay empowered and informed.

Action Step: Develop a Support System

  • Build relationships with trusted financial and legal advisors, ensuring you have access to expert guidance.
  • Join support networks that focus on financial independence and abuse prevention, drawing strength and knowledge from shared experiences.
  • Schedule regular check-ins with your support system to stay informed and protected.

Conclusion

Building a robust support system is essential for ongoing financial protection and independence. By surrounding yourself with trusted advisors, engaging with support networks, and scheduling regular check-ins, you can ensure continued protection against financial abuse and empower yourself to make informed financial decisions for the future.