Running away fund/secret stash

[Wizardofbecause]

Do you have one? If so, where and how much?

I try to put bits of money away to save for Dds birthday and party and her summer clothes etc…if I don’t, we just end up spending it and it’s gone.
I really want to put back a secret stash for emergencies etc
Do others do this?

Mines known about mine since we moved in together. I needed that security after a terrible first marriage. He understood and gave me cash towards it. Over twenty years later I'm glad to say I've never had to even think about using it. It's now there for if my adult children may need anything.

I don't think I'd have been comfortable lying about it. If I'd felt like I had to lie to him about it I'd have never of let him move in

Yes I have over 50k. I don’t expect to have to ‘run away’, but if things go pear shaped with my job or relationship it’s there & it helps me feel secure.

For everyone with tens of thousands, are you debt free and mortgage free?

I'm debt free, very few monthly commitments, and my mortgage rate is less than my earning interest.

We overpay our mortgage, because we hope our next move will enable us to pay off in five years.

I'm pretty conservative financially, so I'm struggling to justify using my fuck off (from work) fund right now. But I only earned/saved half my fuck off fund, so I'm only taking a chance on the windfall amount.

Can men have fuck off funds too?

When my friend’s mil died she went with her dh, an only dc, to sort the house.
They found money hidden all over and stopped counting at £15k.

Of course they can lol

A running away fund isnt for summer spending. Do you understand what it means?

Of course men can have one, but quite often the women who need one are working part time/not working, and/or living in a house in their partner's name only. If they split up and only have a paycheck in their account then they wouldn't have a rental deposit, money for a flight if their family is abroad, etc. My DH could just use his salary.

We have separate savings accounts that we put money into each month from our joint account that everything else goes into. I hope that we'd never need to use it for an escape tunnel but it would be there if needed.

And also it's increasingly difficult to use cash for large purchases due to money laundering concerns. Open a separate bank account. Easy to do and then you have a debit card and can make bank transfers for things like rent.

I do, it’s not secret, but it’s mine and only I have access to it. There was around 5k in there until October when I decided to use it to leave my job and spend some of the money to cover me while I looked for something else. This meant I didn’t need permission (not that dh would have refused) but also that I could do this guilt free as I could still contribute . It’s not always partners you need to run away from!

now I have a new job I will continue to put a bit aside every month. It gives me comfort to know it’s there and I have a back up fund.

A good relationship today is not always good tomorrow

We both have our own current accounts and savings accounts, as well as a joint current account and joint savings account, so you could say we both have our own stash... It's just not secret!

Have about 10k but tbh that’s really a rainy day fund in case I have to find another job. I can’t imagine how I would be able to squirrel away anything on top of that - the kids are too expensive!!