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?

I doubt that he would know, but open it with a different bank if you're concerned.

My question is why you feel the need for a secret fund at all. My DH and I have a joint account but we each have our own accounts as well. Neither of us would be bothered by not being able to access those accounts.

Are you afraid of him? Are you worried that he would try to steal your money? Or what?

We have joint, has always worked ok

Don't have one. We're both dinancially responsible. If you aren't married I don't know why you'd feel the need to hide it.

I'd suggest a better use of time is to start unpicking your finances: each get a personal account and of you have a joint one it needs to be an agreed amount each for bills.

No.

You do realise you don’t have to open an account in branch? You can quickly and easily set one up online. Look up Money Saving Expert for the best savings rates. Raisin is also good and have lots of different banks you can choose from. Oxbury often has good deals.

Buy gold but cash under the mattress is handy

Just open another account with a different bank. If your wages are going into a joint account he’ll know what you earn surely?

Not married, Dd is his

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.

You can go completely paperless.

I’m more worried about your apparent vulnerability though.

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

I’d suggest reading between the lines

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 😝

What is paper free? No letters to the house?

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?

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

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 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.

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?

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!

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

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.

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?

No, neither of those things. I just want to save and it’s impossible when we share money, I’ve been through it a million times with him, but it just disappears. This is a chance to have a lot of my own money for once and a bulk of it is really needed.
I worked part time for years as wanted to be at home with Dd, so we relied on his money mainly, i’m sure he’d see this as money that should be shared too, but I want to save it

In a private account