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Financial

Financial independence is a key step towards regaining control of your life. This guide provides essential financial advice and support options to help you manage your money, protect your assets, and plan for a secure future.

Making your money work for you is an empowering tool to recover from domestic abuse and can help you build financial indepdence. Discuss your finances and options with the following free financial services:

1800RESPECT

National helpline providing referrals to financial support services for those affected by family and domestic violence. Offers confidential advice on financial abuse and links to appropriate financial resources.

Provides financial assistance through the Crisis Payment for those leaving a violent relationship or experiencing a crisis due to domestic violence. This payment is available to those eligible for Centrelink services.

Website: servicesaustralia.gov.au/crisis-payment

Good Shepherd Australia

A national organisation offering no-interest loans, financial counseling, and support for people experiencing financial abuse or hardship as a result of domestic violence.

National Debt Helpline

A free financial counseling service that helps individuals experiencing financial hardship due to family and domestic violence. Provides advice on debt management, budgeting, and accessing financial resources.

Financial Counselling Australia (FCA)

National body supporting financial counselors who offer free, confidential advice to people facing financial difficulties. They provide specific guidance on financial abuse, debt management, and financial independence.

Addressing your top financial concerns

Take these steps if managing money is your number one concern.

1F. Prepare your finances

3D. Work with Centrelink and myGov

3E. Access support payments

4A. Develop a budget

4B. Build savings

4C. Discover credit alternatives

4D. Manage debt

4E. Understand tax

4I. Invest for the future

This was the website that helped me get away – this was the most important thing that I found.
- Victim survivor who used Yourtoolkit.com

Frequently Asked Questions

Once you’ve left, it’s crucial to secure your finances to ensure your safety and independence. Start by separating your bank accounts and updating passwords on all online accounts, including your banking and email. If you share financial accounts or property with your ex-partner, it’s important to seek legal advice about protecting your assets and ensuring your rights are protected. A financial counsellor can help you review your financial situation and provide advice on managing debts, accessing superannuation, and budgeting for the future. Legal aid services can assist in making sure any shared property or financial agreements are handled fairly.

There are several forms of financial help available to women leaving an abusive relationship. Government services, such as Centrelink, provide crisis payments and ongoing financial support for those in need. Some states also offer specific grants or emergency relief funds for victim survivors of domestic violence to help cover immediate costs like rent, relocation, or essential items. Additionally, charities and domestic violence support organisations often provide emergency financial assistance, food vouchers, or access to temporary housing. Contact a financial counsellor or a domestic violence service in your area for help navigating these resources and applying for assistance. Find a full list of financial support at 3E. Access Support Payments.

If your partner controls the money, it can be difficult to access funds, but there are steps you can take to regain financial independence. Start by opening a private bank account in your name if you don’t already have one, and try to save small amounts of money where possible. You may also be eligible for emergency financial assistance through government services or domestic violence support organisations, which can provide immediate help. Services like Centrelink offer crisis payments, and there are specific grants available for women escaping domestic violence. Reaching out to a financial counsellor can also provide valuable guidance and support in managing your finances and understanding your options.

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