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Do you have secret savings?

55 replies

probablynotthesame · 27/07/2020 19:35

Just that really.

I have money set aside not a huge amount less that 100k but more 30k my partner thinks I have about 15k. That wasn't intentional by any means I told him what I thought I had (I'm getting more out of a property sale that I initially thought) but said that was my money (we don't have a joint account) which he is fully supportive of my independence with money he has his own savings too.

Basically what I'm asking is it ok to have money that your partner doesn't know about? Is it dishonest? When I think about it I wouldn't care if my partner had 100k in savings as long as he was still paying bills and living within means.

OP posts:
Totallycluelessoverhere · 03/08/2020 09:40

MsTSwift, I don’t think most people with a secret savings fund have it so that they can attempt to hide it in a divorce. I think most people have it so that they don’t find themselves on a situation where they are trapped. A few thousand pounds will just be enough for somebody to leave if they have to and rent somewhere and buy the bare essentials. There won’t be anything left to argue about in a divorce.
The vast majority of people on here with secret savings don’t have tens of thousands of pounds, it’s mainly modest amounts.
Maybe there shouldn’t be any need to have secret savings in a relationship and maybe it does suggest that all is not perfect in a marriage. On the other hand maybe people’s past experiences mean they feel the need to make sure bag if they get cheated on, abused or just if the marriage turns sour they can leave and be happy and not stay trapped in some miserable or abusive life.

Pepperwand · 03/08/2020 13:20

I get that you may want some money put aside that nobody else can take from you, but why does that need to be secret? For example, I have approx £7k in my own savings account so yes, technically in a worse case scenario I could move out of the family home and rent somewhere with that money....but DH knows of its existence.

Totallycluelessoverhere · 03/08/2020 14:29

Pepperwand, I have a couple of grand rainy day money that I haven’t told my husband about because he is shit with money and we would end up spending it on utter shite. I would be easily convinced we need the shite at the time of purchase and only regret it later when something breaks down etc.
But some people have rainy day money that they keep secret because if it wasn’t secret their partner would take control of the money and they would have no get away fund, leaving them trapped and unable to escape if they need to.
Not all relationships are as they should be, some have a coercive or abusive partner and it can take years for the person on the receiving end to leave the relationship. Even in good relationships people might feel better about having a secret fund because of what they have experienced in previous relationships.

DameXanaduBramble · 03/08/2020 14:47

Not something I’d hide from DH. I cant imagine having anything like that I wouldn’t tell him about.

Bananabread8 · 03/08/2020 15:32

I think what your doing is fine OP. You said partner and even if it was your husband I still feel it’s fine. Your entitled to save and I don’t see why you or anybody is obligated to share if you don’t want to. As long as your paying your way fairly it’s entirely your business OP.

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