Wealth is the abundance of valuable resources or valuable possessions. Often times when women are attempting to flee or have left their abusive partner, they find themselves financially broken.
Leaving an abusive relationship is the most dangerous time for victims because the perpetrator becomes more violent (and increasingly homicidal) in an effort to maintain power and control. Leaving an abusive relationship is also the most difficult time for the victim because she is left to provide for her herself and her children with zero or limited resources.
Many believe that, regardless of the woman’s emotional state, the degree to which she is economically dependent ultimately determines whether or not she will attempt to break the relationship and establish an independent existence. It is also the top reason many victims return to a battering relationship.
The Wealth Project was established to address the needs of victims of domestic violence to be financially literate and to teach skills and provide tools that will empower the abused using the resources and practices they will learn by participating in this project. The Wealth Project is designed to remove the economic conditions that the victims feel holds them hostage to a dangerous situation that could end their life.
The WEALTH Project will strive to support women’s progress toward economic self-sufficiency by:
- Providing free monthly financial empowerment workshops to change the victim perception that she is incapable of living independently. The workshops are designed to help participants set up household budgets, establish savings accounts, reduce debt, build and maintain credit, and more. The Sherri Denese Jackson Foundation will collaborate with various financial advisors, mentors, and life coaches to lead the workshops.
- Provide on-site skills training by Guilford Technical Community College relating to financial education as well as providing training for Quick Jobs.
- Promoting financial abuse awareness in an effort to bring more attention to this particular form of domestic abuse. Financial abuse is the least common form of abuse often talked about as it relates to domestic violence, yet it has the most lasting negative effect on a survivor and is the reason most victims stay.
Thanks to generous donors like you, the Sherri Denese Jackson Foundation will continue to provide our programs free of charge to survivors and victims.