Providing the Tools for Financial Wellbeing: Resources for Domestic Violence Services
What We Do
Economic abuse and financial coercion are forms of control that limit access to financial resources, education, and employment, often trapping people in cycles of dependence. The Irish Banking Culture Board (IBCB) and member banks have partnered with the Think Tank for Action on Social Change (TASC) and Safe Ireland to create resources and training that support domestic violence professionals to empower survivors to regain financial independence and rebuild their lives.
Please watch this short video from a bank staff member to hear more about the initiative:
What the Programme Covers
The programme is based around a Financial Resilience Toolkit, a practical resource to help support staff in their work with survivors. Training covers key topics such as:
Starting conversations about financial wellbeing
Addressing urgent financial needs
Managing daily expenses and budgeting
Planning for long-term financial independence
National supports
Why we do it
Women who experience financial abuse are impacted in the long term and have an increased risk of:
Poverty
Employment Instability
Debt
Poor Credit Rating
Poor Mental Health
Housing Instability, Homelessness
Being pressured into risky or illegal behaviour to afford basic necessities
Project partner Safe Ireland estimates that that over 90% of victims of domestic violence in Ireland also experience financial abuse and improving financial awareness is a key enabler for victims to move on in their lives.
Improving financial resilience across
Irish DSGBV Services
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15,000 Service Users
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37 Support Services
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5 Groups
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68 Participants