Being coerced into debt can keep victims trapped in relationships and cause them to suffer financial consequences for years after they figure out how to leave. Like Cobello, nearly all people who go through domestic abuse experience a financial abuse component. She was left with $100,000 in debt, an ex she says was stalking her and a restraining order that was minimally effective at keeping him away.Ĭobello, who would later discover that her ex had done the same thing to a string of other women, used the experience as inspiration to launch Hard Money Talks, a podcast about taboo financial topics. She even helped him start a construction company.Īfter less than a year of marriage, Cobello says her ex-husband walked away with a paid-off truck and a business. When her ex-husband defaulted, Cobello took money out of her retirement savings to pay the bill. The two planned a wedding and honeymoon, and at the last minute, he confessed that he couldn’t pay. “So I said ‘yes’ when he asked me to put him on my credit cards to help him build up his credit scores.”īut the financial problems escalated quickly. “I’m a financial professional and I was raised in a traditional sense that couples combine finances and build each other up,” she says. He was quick to help the mother of four with errands and chores, so when he eventually asked for a financial favor, she agreed. When Cobello met her now ex-husband, he had just relocated and was looking for a job. Hunter: is posted on Steemhunt - A place where you can dig products and earn STEEM.Lauren Cobello’s last relationship cost her $100,000. One good thing about it is you have the option to run the tool from your USB in case you don’t want to install its software. Money Manager Ex tracks all your financial activities including checking, savings, credit card, and stock accounts.
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