Sex & Dating

New Research Reveals Couples That Bank Together, Stay Together — Trapped in Abuse

Debunking the University of Colorado’s latest viral study.

By
2,083 Hypes

New Research Reveals Couples That Bank Together, Stay Together — Trapped in Abuse

Debunking the University of Colorado’s latest viral study.

The University of Colorado’s recent study found that couples who pool finances stay together longer. Unfortunately, no one was buying the alleged good news. Shortly after, Monzo, UK‘s leading digital bank found that it doesn’t enhance love, but instances of abuse.

When the news of the study broke, people immediately opened the discussion of financial abuse, stating that financial entrapment did not signify a happy relationship. According to Monzo, “Domestic and financial abuse reports made by customers via the ‘Share with us’ chat tool have seen an eight-fold increase,’ shared the exclusive press release. They continued, “the ‘Share with us’ feature allows customers to discreetly communicate with a specialist team about issues such as abuse, addiction and mental health.”

Financial abuse can be subtle and covert, but essentially it is the act of a more financially stable partner using money or assets to control their partner. In most instances, it looks like a male provider holding finances over the homemaker’s head, knowing they cannot leave the unsafe relationship without his financial support. Other experiences can be not having enough money to buy essential goods, although they work, leaving a job they loved unexpectedly or seemingly “overreacting” about outings that cost financially.

Monzo’s charity partner, Surviving Economic Abuse (SEA), “warns victims are now on average £20,000 (approx. $21,210 USD) in debt due to their partner’s control over their finances, compared to an average of £3,000 (approx. $3,000 USD) in 2020.” This is a 567% increase in just two years. This raises concern as areas of the world like the U.S. are experiencing inflation, and of course, the holiday season can cause a cash bind.

Monzo urges folks to be mindful of their loved ones during this season and be careful of any signs of financial abuse.

Read Full Article
Share this article

What to Read Next

It's That Time of Year Again — Croctober!
Footwear

It's That Time of Year Again — Croctober!

Crocs celebrates its 20 year anniversary with a rollout of campaigns and collabs.
2,144 Hypes

TikTok Fortune Tellers Arrested After Banking $115K USD In Failed Love Spells
Sex & Dating

TikTok Fortune Tellers Arrested After Banking $115K USD In Failed Love Spells

Could this be the end of social media’s scamming spiritualist trend?
953 Hypes

Sex Study Reveals A Gender Moaning Gap — Caused by Men
Sex & Dating

Sex Study Reveals A Gender Moaning Gap — Caused by Men

First the orgasm gap, now this?
2,852 Hypes


Stay Cozy in Pleasing's New Apparel Capsule
Fashion

Stay Cozy in Pleasing's New Apparel Capsule

A welcome addition to the brand’s Super Magic Family Time collection.
8,083 Hypes


Rosalía and Cardi B To Drop a "Despechá" Remix
Music

Rosalía and Cardi B To Drop a "Despechá" Remix

Releasing soon.
4,024 Hypes




Selena Gomez Manifested Her Golden Globe Nomination
Entertainment

Selena Gomez Manifested Her Golden Globe Nomination

This is what dreams are made of.
1,567 Hypes

A Look Inside the Kardashian-Jenner Holiday Christmas Party
Entertainment

A Look Inside the Kardashian-Jenner Holiday Christmas Party

As documented by Kylie Jenner.
32,424 Hypes

UPDATE: Here's a Look at a Rare and Unreleased KAWS x Air Jordan 1 Low Sample
Footwear

UPDATE: Here's a Look at a Rare and Unreleased KAWS x Air Jordan 1 Low Sample

English Sole will pay $10,000 USD to anyone who can prove the pair is inauthentic.
42,563 Hypes


Burberry Announces Daniel Lee's Debut Runway Show
Fashion

Burberry Announces Daniel Lee's Debut Runway Show

With ‘Burberry Classics’ landing a few weeks earlier.
2,035 Hypes

More ▾
 
Subscribe to our Newsletter

Keep updated on the latest news.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.