Where do you hide your running away fund

[Somuchsugarinoneday]

If you have one?

I’m soon going to be working more hours and earning almost double what Dp does. I’m not planning to run away, but I do want to save that money and Dp is hopeless with money and it all gets frittered away somehow.
I want/need to save the money for an important reason-medical tests and help for my ill Dd and then possibly a trip to Disneyland in a year or so. I plan to work very hard for as long as this opportunity presents itself and to save as much as possible.
I’m thinking cash in a larger envelope, but where? My thoughts are in a high up picture frame in Dd’s bedroom, but i’m not sure 🤔

Where do you hide yours, if you even do?

OP are there safety deposit boxes where you live? If you need to store physical cash then that would be the safest option.

If you are looking for where to hide it at home that's more risky. If your partner found even one bundle of notes he may go looking to see if there's more.

The easiest way to hide the money is to spend it. For example, when you reach the point of booking your Disney trip, pay for the whole thing upfront instead of just a deposit. Book and pay for any Disney passes/excursions ahead of time.

It depends on the health system where you are but pay as much of the medical bills upfront as you can.

As I said in an earlier post, this money won't stay a secret. Your partner may not take this well. Your problem isn't where to hide it, it's why it's necessary to do so in the first place.

I don't have a running aaway fund because it isn't 1950. I just have money that is mine. I have a number of bank accounts (current and savings accounts) with different banks and it is no ones business but mine.

Online banks like Monzo and Starlin operate pretty much completely paperless and allow you to do all the ID checks online. They send the card to you in the post but if you are worried about your partner seeing or opening it you have a lot more problems than money in your relationship.

I dont have one but if I did I'd ask my sister to put it in her account.

I don’t hide money, we’re married so all is joint and no plans to leave but if I wanted to do this I could do it in my Monzo account. No letters, no post other than the card being sent out which you get a date for and it’s all done on the app.

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I have a separate savings account but its not a secret. It's my money. Then again we don't have a joint account.

I just cant be with someone who is financially irresponsible. I have no respect gor them. I divorced my husband after he al.ost made us bankrupt and hid all the bills. Can't you talk to him about his behaviour?
Id put my fund in an ISA and make sure he cant get access to it.

Open a new account with a different bank.
I would also get you own account for wage to go into, can be the same as your joint and then transfer money into it.

@Ginmonkeyagain I don't have a running away fund because it isn't 1950. I just have money that is mine.

Well yes, there is that! Technically, I could steal all MrG's money as I have an LPA for him, but I don't do that because I am not a thief. And he could steal all the money in our joint account/s, but there would be very little point as I could just put it back.

Cash ISA in a separate bank from your main one.

Christmas decorations bag is a good idea x

You're working on an assumption that all relationships are abusive. Most aren't. The OP has said there's no abuse. She wants some of the money for Disneyland!

For me this question depends on your level of need.

Cat 1. Likely to need in an emergency situation. Buy a safe and put all important documents in it but emergency fund in here. Keep the safe at a trusted persons house. I have bought a safe for someone in such a position so her husband didn't know. It was required.
Cat 2. Need money quickly to get away. Hide in the house. Secret tins, spines of books.etc
Cat 3. Just in case, not likely to need but would be useful to have access to your own funds. Set up your own bank account - current or savings. Opt for paperless banking.
Cat 4. Long term savings start looking at a plan for separating out life money and savings.

If you are in cat 3 or 4 I would have a sit down with your partner and discuss a joint plan for finances. We sit down regularly to review our spending and savings. You could review finances and discuss some big goals and look at starting to jointly save towards them. Decide on what money is joint living and what money together you want to save for your futures. See where the conversation goes. You could look at having your own account where your earnings go in and then you transfer out the amount deducting for tax and so on. Say it's to have clarity of earnings and tax bills

By summer could be 15-20 k

Wise account is available in every currency under the sun, takes 5 mins to set up and entirely online, nothing to the house & no post at all!

i would set up an account like monzo or similar and just put money in there. If you want to use cash so he doesnt know about it, you could simularly take cash out of your account and then pust cash in to this account. Its quite easy, you will likely to be able do it in your local shop in minutes and prevents large amount of money be stored around the house in envelopes. Noone else would be able to access it as well so its more secure for you

Not a good idea to hide it in spines of books, old handbags etc- risky, might bechucked out, destroyed in fire, stolen!

Love, the Christmas decorations bag is a good idea for $150-200. Not for this sort of money.

Do you have a domestic abuse charity there? I bet they would be able to advise you on how to have a secret bank account.

Perhaps open a savings account attached to one your bank accounts?

Put it in a bank account. I have one in my name, that only I know about. There a couple of thousand I have.

Cash? What if there was a fire or burglary? Please open a private savings account with web access and paperless statements....

No he would not, or at least the bank wouldn't be able to tell him, and I can't think of anyway he could find out

If someone needs a running away fine they need to have access. So cash is usually the way they get it together. Not q bank account that is traceable

My bank accounts are paper free - all managed through my Bank's App. I never receive any paperwork in the post.relating to my bank accounts or savings accounts. Sometimes, there is an email informing of an online statement or changes in interest. I am in my late 70s.and now a widow. We always had a joint account for household expenses and both had our own current accounts. It was agreed, who paid what. I always paid for the food and also my own clothes, entertainment, car etc. My husband was very secretive about money and not always responsible! I would begin your secret life by setting up your own email address (not joint). I would open your own bank account (using the new email address that only you can log into and then have your salary paid into it. Create a direct debit (on the App) into the joint account for your share of expenses. Then open an easy access ISA and transfer a regular amount into it. You are able to save up to £20k each year (accumulating) to receive interest tax free. There is so much info online so you can compare savings accounts with links to.open them, online. Ai Chat is extremely helpful!!

Open an account with another bank, any bank. The days are gone when a woman needed a man’s permission! (Which I remember, as I am old enough…)