Ep 29: Overcoming Financial Abuse with Claudia Porter, CFP® Artwork

Women & Money: The Shit We Don't Talk About!

"We will never solve the feminization of power until we solve the masculinity of wealth." - Gloria Steinem. On this podcast, we're going to call out those ways that women are consistently left behind financially. But most importantly, how women can help themselves. Join hosts Barbara Provost & Maggie Nielsen as they help you navigate the ins and outs of financial independence so that you can be financially fearless. They'll connect you with helpful resources and compelling stories from women all across the country. Whether it's buying a house, preparing for retirement, dealing with divorce, there won't be a single question off the table. Maggie is a partner and Barbara is the founder of Purse Strings, a two-part model that's all about providing women the tools and resources they need to help them learn and understand what they need to know to make good financial decisions. And they help connect women with attorneys, financial planners, realtors, and many other financial professionals who have the expertise and desire to serve the female market. Women & Money: The Shit We Don't Talk About can be your place for tools, resources, education and a place to ask the important questions on your mind (or even better, the - you know - you aren't talking about). Find out more about Purse Strings by visiting https://pursestrings.co/ and we can't wait to connect with you on the podcast!

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Women & Money: The Shit We Don't Talk About!

Ep 29: Overcoming Financial Abuse with Claudia Porter, CFP®

February 27, 2023 • Barbara Provost & Maggie Nielsen

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Abuse can come in many different forms in a relationship, and many times it manifests itself in the form of financial abuse. It’s not something that you might immediately realize is happening, but it can have a huge emotional impact on a person.

Today’s guest experienced it first-hand but is thriving now after overcoming that in her marriage. We’re happy to welcome Claudia Porter, CFP® with Financial Reserve in Portland, Oregon, onto the show to tell her story. If you are going through a divorce or have been through divorce, you know how difficult it can. Wait until you hear Claudia’s story about tenacity.

Trigger warning: This podcast does talk about an abusive relationship.

Here’s some of what you’ll learn on this episode:

· Her experience in an abusive relationship and specifically financial abuse. (3:56)

· The common pitfalls that women fall into with financial abuse. (7:03)

· How she came up with the money to retain an attorney when she didn’t have any money. (11:02)

· What steps you can take right after divorce to get back on your feet financially? (13:18)

· How can you best plan for litigation with an abusive ex from a financial perspective? (17:11)

If you or someone you know needs help, here are some great resources:
Innocent Spouse Relief Form: https://www.irs.gov/individuals/innocent-spouse-relief
National Foundation for Credit Counseling: https://www.nfcc.org/

Get in touch with Claudia: www.financialreserve.com

Join the Purse Strings Facebook group: https://www.facebook.com/pursestringsco/

To learn more about money and access additional episodes, visit us online: https://pursestrings.co/

People on this episode

Barbara Provost

Host

Maggie Nielsen

Host