To think every woman should have at least £20,000 in savings she can access independently?

I agree in principle, but sadly it would only ever be achievable for a very small minority.

However, I would always counsel any woman who owns her own home - with or without a mortgage - to hang on to it for dear life, even if that means letting it. I know several women who have sold their homes and used the proceeds to co-buy with a husband or partner and they've all regretted it.

I think in this day and age all women should work on the basis of providing as much room for manoeuvre as possible in case they ever need to leave a relationship.

☝️this

To be fair @AmusedPlumMember , you didn't frame it as a fixed amount of £20000.... you specified it as at least £20000 in savings. For every woman.

I know that women's aid list £42k as the sum it costs to leave a relationship and set up a new home.

It used to be recommended that people had three months bill money incase of redundancy.
Unemployment is high and I personally don't think that's enough as jobs are scarce. MW and big cheese.

I've got - 800! (credit card) completely unrealistic. I work part time with a low wage where does one magic up 20k?!

My Gran always said she had an emergency fund and in principle I would agree that still stands today.

You have to be realistic in life, but that realism has to extend to the fact that some people do not have a cat in hells change of any savings because they have to make choices like food or heating, they do not have a financial safety net.

Yes, I think that would be very sensible to have that much in savings. I'd love to have it to fall back on in case of emergencies. As a single parent it would lift a real weight off.
Now that I'm back to full time work as DC are in secondary and don't need childcare, I'm currently managing to save £150 a month. It'll be over a decade before I accumulate 20k.
I'll very much look forward to having it available around 2037.

I think that's in some way what women have been striving for over the last decades. I'm not sure what the point is except to put an arbitrary figure on it.

What is it with all these goady threads lately? Is Farage bored?

Are you going to give it it them?

”We will do whatever it takes to protect you.” quoth Boris Johnson. Ask him for help, he is rolling in personal wealth (stolen from the taxpayer).

If I had the capacity to save £20k I wouldn’t be keeping it for myself, I’d be using it for the benefit of my whole family.

But that’s irrelevant as there is a zero percent chance that I’ll ever have that kind of money!

To be honest I think it is far more sensible for young women to never marry, have children or indeed tie themselves financially in any way to a romantic partner. Genuinely

you funding that are you love?

Absolutely speechless.

So, not every woman then?

You quite literally said that every woman should aim to have at least £20k.

You sound like a fucking lunatic. There's women out there living on the sum of fuck all, and the majority of people don't have spare cash to squirrel away for themselves when they've got kids.

For me it’s not about the amount of money that’s split in the divorce, it’s about being able to flee when needed.

My mum and dad were happily married for years and she was a SAHM.
My dad suffered a trauma and became increasingly controlling and violent.

She had no money to her name and so she physically wasn’t able to get away.

My sisters DH had an affair and got into a relationship with the OW.
He refused to leave the home and my sister had nowhere to move temporarily.
If she had a bit of money, she could have moved out whilst waiting for the house to sell.

The sum is unreasonable for most, but I agree with the principle of having a rainy day fund. It's something my grandmother, the wisest woman I've known, instilled in us.
You don't need a fortune, but you need to have something that gives you the choice.

I'd stake my £20k on the fact that this is a made up OP.

Three word user name.

Goady premise.

Then in every reply stuff like this

I see it more as .........
That’s not what I’m saying ............
I see it more as ...........
My point was more about...............
........more just something I’ve always been told and wondered how others see it.
I don’t see it as...........
For me it’s more about ..........

Honestly, this bilge is so recognisable now you could write them yourself.

But support from UC starts to taper at £6000 in savings so they’d be no better off.

I don’t understand your post. I work full time, earn good money and wouldnt depend upon on a man for anything shoukd my hubby and I split. So why would I need a separate £20k?

Even £10 per week, £520 per year, is impossible for many, particularly at the moment.

You have a point - I'm just saying what I believe the law is.

Don't shoot the messenger.🙂

Wake up love and smell the coffee.

Yes, in an ideal world. Unfortunately it’s far from ideal, financially speaking, for many people, and that includes men.

A male friend of ours used to mention his ‘fuck off’ money - I.e. enough that if he ever really hated his job, he could tell his boss to fuck off and walk out.