Where do you hide your running away fund

Get it all paperless. Can you open an account at a different bank. I have three different banks for no particular reason. All are paperless and all used online.

Problem now is if you are on UC a joint claim it needs to be declared so he would know anyway.
Personally I think everyone no matter what sex should have a to use your words "running away fund"
Best to have one and not need it rather than need it and not have one.

Yes. I don't get post for any financial stuff - all online! I have an ISA that DH kind of knows about but can't access and has non idea what's in it. He's also shite with money....

How old are you @Somuchsugarinoneday ? I ask because you sound very financially naive about a simple savings account.
Keeping cash is madness - there is no interest and no security.
You can open a savings account in your own name - some, such as ISAs and premium bonds cannot be be joint anyway.
It can all be done online without postal letters or statements.
Keep your passwords secure.
Open a new email account with a different password if you want to use that for your finances.

Also, DH and I have our own accounts which our salaries are paid into. Then we have a joint account for bills.

Starling bank is easy to open an account with - all done via an app and all online. I do have a card though so I don't know how easy it would be to do if you didn't want the card sent to the house.

However I don't agree with secret accounts. My father used to hide all the bank books so my mum wouldn't know how much he had when they split up. He definitely diddled her out of a chunk but when he died I got it so I bought her a car so she got it back.

Make sure you get paid into your own account and transfer however much you decide into the joint account. My husband and I have always completely shared finances but are both paid into our own accounts. Then you can regularly squirrel some away, just in case.

In a private account

I have ISAs, a savings account and a pension. I guess once we marry those savings might be considered as part of a future divorce settlement so I suppose that’s the only reason to hide it around the house in cash. How about buying gold sovereigns and hiding those?

Just open a current account in your own name, with a savings account attached to it. Monzo or Starling are fully online, the only thing that would be in the post is your new card.

You can keep your current account with him and he’d never know.

Similar happened to my grandparents except it was taken by a tradesman working at the house. Never could prove a thing though.

These horrible situations are sometimes out the blue - they come home from business trip saying they have to leave - mine said I could have everything then girlfriend changed his mind! When I say out the blue young child and lovely life I mean out the fucking blue! Have a get away fund!

Yes that's what it means - you will have access to your statements online.

How do you access your accounts now? Don't you use the online services?

I don't like this thread. Maybe I'm paranoid. But asking for suggestions of where/how to hide money could easily be someone who is trying to get ideas about what his partner is doing.

Surely no one would hide cash and everyone knows how to open a bank account, anyway.

OP, if you open a savings account at your current bank in your name, your DH wouldn't know about it. You can choose paperless option and that way all statements would be online and nothing should come to the house.

I'm curious as to what would happen if your DH did find out. He wouldn't be able to access the money as it's in your account. Would he be mad at you?

Also, currently when you get paid, do you put it all in the joint account and you have no other account? Given that your DH can't control his spendings, I would only use the joint account for common expenses like bills and childcare and keep remaining salary in a separate account anyways.

I don't have a 'rumning away fund' but I do have savings. In the bank, not in cash!

I have my own bank account and savings account if that counts?

DH also has his own, and we have a joint account for joint bills and food.

We have always earned about the same which makes it easier, but I would easily be able to set up a savings account without DH knowing about it, is there a reason you can’t?

My late grandad stashed cash in his wardrobe, £16000. Then there was a chip pan fire that very nearly burnt down the house. My dad put it in a bank account for him after this, silly old fart 😝

I’d suggest reading between the lines

You can open a paper-free savings account online in 2 minutes and the interest rate will almost certainly beat your bank.

Set up with an online bank like Monzo or Revolut. You won’t get physical mail or a cash card as you can use an app for paying

You can go completely paperless.

I’m more worried about your apparent vulnerability though.

I have a Revolut account, didn’t order a card with it but I pop some hidden money in there. Download the app and can easy transfer over, had one for years.