Strategies for Financial Independence for Survivors of DV-Module 2: Learning Financial Fundamentals
Date: December 18
Time: 12-1:30 pm
Economic dependence and lack of economic options are the main reasons that victims stay with or return to an abusive partner. Survivors often have to leave behind property, housing, support networks, or employment in order to escape and be safe. Many survivors - those who have left and those still connected in some way to their abuser - are faced with considerable debt, poor credit, lack of savings, and other financial hardships, often directly due to economic abuse they have experienced. An increasing number of DV service providers are adding financial education, credit repair, debt management, tax assistance and Individual Development Accounts to the set of support services they provide.
This module outline the fundamental financial information survivors need if the have recently left, or decide to leave, an abusive partner. It will help you understand how to review income, debt, budgeting and other finance options with the survivor. The objectives of this module are:
- Explain the basic concepts related to finance management.
- Evaluate possible financial resources and assistance.
- Review budgeting basics and saving strategies.
- Identify sources of income and uncover assets.
- Recall how to manage debt and determine liabilities.
- Explain various banking options.
Kim Pentico Economic Justice Specialist at National Network to End Domestic Violence will continue to present the Economic Justice Curriculum and will return to present Module 2: Learning Financial Fundamentals in a 5 part series.
Kim has been working with and on behalf of survivors of sexual and domestic violence since 1990. She first spent over seven years working for a local domestic violence program in Kansas and another seven years at the Kansas Coalition Against Sexual and Domestic Violence (KCASDV). She also worked for the STOP Technical Assistance Project in Washington, D.C. Kim currently works as the Economic Justice Specialist with the Allstate Foundation Domestic Violence Program, which works to ensure and enhance survivor access to economic justice and safety.