Financial security is often the bedrock of a stable life, but for many, it can also become a weapon of control. In a recent, heart-wrenching episode of The Ramsey Show, an Ohio woman named Jackie called in to share a story that serves as a chilling reminder of how financial abuse often precedes or accompanies physical violence. Her situation—marked by threats of being left with “zero dollars”—highlights the urgent need for financial literacy and immediate action in the face of domestic coercion.
The Escalation of Financial Control and Abuse
Jackie lives in Ohio. Her husband started being mean and controlling. Later, he became physically violent and was arrested. He used money to scare her. He told her he would take her name off their bank accounts so she would have zero dollars. He even said mean things about how she would have to survive without him. This is called financial abuse. It is a way to make someone feel trapped so they cannot leave.
Urgent Financial Advice from The Ramsey Show
Jackie called a famous radio show for help. The experts told her that in Ohio, money in a joint account belongs to both people. However, a husband could still take all the money out quickly. They told Jackie to go to the bank right away. They gave her these steps:
- Open a new bank account in only your name.
- Use a different bank so your husband cannot see it.
- Move exactly half of the money (50%) from the joint account into your new account.
This is not stealing. It is protecting the half of the money that already belongs to you.
Recognizing the Red Flags of Financial Abuse
Financial abuse happens in almost all cases of domestic violence. It doesn’t leave bruises, but it is very dangerous. Some “red flags” or warning signs are:
- A partner taking your paycheck.
- A partner demanding your passwords.
- A partner stopping you from having a job.
- A partner threatening to leave you with no money.
In Ohio, the law says a spouse cannot just decide to leave you with “zero.” But, because it takes time for a court to help, you must act fast to protect yourself.
Steps Toward Financial Autonomy and Safety
If you are in this situation, you need a plan. Along with opening your own bank account, you should:
- Find important papers like tax forms and bank statements.
- Keep these papers in a safe place away from your home.
- Call a hotline or a legal aid office for help.
Knowing how to handle money gives you the power to leave a bad situation. Taking these steps helps you build a life where you are safe and free.
Key Information for Ohio Residents
- Ohio Domestic Violence Hotline: 1-800-934-9840
- Legal Aid Society: Contact them for help with money and divorce laws.
- Safety Tip: Use a private browser or a computer at a library so an abuser cannot see what you are searching for online.
Disclaimer
The news information presented here is based on available reports and reliable sources. Readers should cross-check updates from official news outlets and seek professional legal or financial counsel for personal situations.