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?

❤️ And did…and does everything else

Just to reiterate.
i have an account with Starling. I do NOT receive letters, statements or anything from them ever. Everything is either through email or through the app.

Having checked, depositing cash in the account is straight forward (go to the post office with your card) but is only free up to £1000. After that, it’s charged at 0.7%
cheques: done through the app.

@Somuchsugarinoneday you're not currently living or working in the UK, is that right? So advice about paying in cash via the Post Office isn't likely to be relevant, and opening a new bank account in the UK might be trickier/not possible too.

Premium bonds, have an online account, & if any ‘winnings’ can be paid back into buy more premium bonds

That is a perfect excuse to set up a current account with a different bank/building society and then a savings account. You say you need this to make sure you put your pay aside for your tax and NI. You then set up a savings account he knows nothing about.

In an ISA which only I know the details of. Mine is largely shares from a redundancy payout in any case. Cash is a terrible idea! What if you have to leave in a hurry and can't go home?

appologies, assumed OP in UK.
really hope you find something suitable 💐

⬆️⬆️⬆️

YY to that.
Also when time will come to do the accounts, theres no way you’re going to be able to taxes if everything is mixed with normal day to day spending. Saying that from experience!
It’s a oerfect situation fir you.

As someone who’s been through divorce I get the cash envelope thing if you’re married as anything in bank accounts will need disclosing even if it’s in your name as the division basis for divorce is 50-50%.

Set up a monzo account. Takes 2 minutes and you get no post.

For anyone reading this thread becuase theyre thinking about needing a running away fund. Try to get a loan. I fudged my income. It's not legal really so you won't be advised to do it by any services but its not gonna bite you on the arse and it's better than being murdered by him.

Which is better than burning the cash but.....

Just invest it

You can open bank accounts that have NO bills sent to the house, and is done via an app and emails.

Just go into a bank with identification and open your own account. Either keep it secret from him or be honest. Tell him you're sick of him squandering all the money, he has ignored all your requests not to, so the only way to set some savings aside is to have a separate account that he cannot access.

I would then have your salary paid into this account, then transfer a sum of money each month into the joint account to pay for joint expenses.

Exactly ❤️

You have to declare this in a divorce.

The OP isn’t married to her partner…..

Perhaps you should have read between the lines that i was encouraging OP to think about why she feels she needs to, to consider whether it's a safety issue and the risks first, rather than just telling her what to do. Because perhaps she has enough of that at home already and needs a chance to think about how she wants to take control and if her idea of hiding money is the right way.

But please, jump down my throat some more and assume I'm being superior. Helpful of you.

It’s my Dd

You can open an online savings account in a few minutes. I got one from Chase which had the best rates recently. Instant access so no worries about taking it out when you need it. There are plenty of options that would be safer than leaving cash hidden somewhere.

There are 100s of different banks and accounts out there and I'd be amazed if any force you to receive a paper statement through the post. Quite the opposite in fact, everything's online

Why are you only thinking about the same bank? Is you access to the internet restricted in some way?

Please don't hide cash in the house, what if it gets stolen or there is a fire?

Exactly, I don't know why some posters are being so clever about the idea of a running away fund. No-one thinks they need it till they need it.

Definitely open an account in a separate bank. Make an appointment and explain your situation. They will understand why you don't want any post sent.

Open revolut acvount on your phone . Or monzo.
Move money there.
Surely you have at least one current account in your name only?
Or go to any high street bank with id and adress etc and open an account

Not a running away account, but suggest premium bonds if you want an easy access pot, or an ISA in your name if DH fritters it.

Obviously don’t actually keep cash in the house.

So when he was earning more you wanted to share but now you're earning more you want to keep more. And on top of that, you want to conceal this. Yes, you are right, of course it's a piss take and very unhealthy for a true relationship. But if you already know that, why do it?

If a man did this to a woman, Mumsnet would be up in arms. But it seems to be ok if its a woman screwing a man over.