1 in 4 Brits hide savings from their partner
https://www.independent.co.uk/money/savings-bank-accounts-partner-spouse-pensions-mortgages-b2677090.html
Posted by tylerthe-theatre
1 in 4 Brits hide savings from their partner
https://www.independent.co.uk/money/savings-bank-accounts-partner-spouse-pensions-mortgages-b2677090.html
Posted by tylerthe-theatre
27 Comments
Because relationships don’t last anymore and I’m always the mug that’s left skint afterwards
Tbf even if I met the most perfect woman and I was happily married, I might keep a few grand if I was earning enough as some sort of emergency fund. 3 months rent or something in case something ever did go wrong.
Paid off my last girlfriends credit card. The next couple of years she was back in debt and had no recollection of my bailing her out.
Yes I hid all my other accounts from her of course.
This could be reframed along the lines of “1 in 4 Brits doesn’t feel comfortable having things for themselves for fear of disapproval from their romantic partner”.
I’ve heard one too many bad relationships stories from people I know to think that sinking every penny I own into a new partner is a good idea.
I admit I do but it’s because she can’t. I always make sure we have money in an emergency
Friend of mine has a crypto wallet with a fair bit on it. Think it’s bitcoin. Told her ex that she threw it out with some black bags he left laying around.
Two bit of advice I was given at 18 was always have a secret bank account and always overpay your mortgage
This is all very sensible. I have been with my partner for 17 years, we do not have a shared bank account and we have our own savings. We go half on bills and that’s all. It works for us.
Oh honey why didn’t you tell me you had some spare money squirrelled away as a backup! I could have spent that on frivolity and consoomed so much more! Its over!
Two houses, two accounts, been together for 15 years, we have stocks and crypto have yet to have a single argument especially over money.
All our cards are on the table as we know it might change in an instant, as has happened in the past for both of us
We pay each others bills, we we live comfortably in one house and rent the other and take 5 holidays a year, Every second Weekend we go away somewhere in the UK not to be flash but to enjoy each other company and live a full life.
We make the effort every day, for each other that’s what counts we make life count
I hope my wife is doing this and I further hope she has a change of heart about it
If it’s a new relationship then fair enough, but if we are talking long term/married then why even be together if there’s no trust – just stay single.
Not only do I hide my savings, I hide my salary (she thinks I’m on 30k but I actually on 52)
Hell yeah. I have my running away fund. If the history of my grandmother and women in general has taught me anything, it’s a stash in case you need to run the fuck away. I am on the other side of the world to my family but even if not, running away isn’t safe. I don’t think I need it anymore but then again, neither did my cousin and she was just lucky my mum is local.
As people should. Unless they have kids and are in long term relationship, I believe finances should be separated and should never have complete financial transparency. But I also think partners should not hide their individual debts and should themselves be responsible to pay the debt.
It’s called an escape route.
I made the mistake of telling my partner today that I had £40 in cash in my wallet. Their first comment was “what do you mean yours. That’s my money”
Apparently, anything I win or inherit is also theirs…
Find it hard believe that 1 in 4 Brit’s have savings
Having a ‘go fund’ aside, in any sort of relationship, is always a sensible idea. Doesn’t do anyone any harm whilst shit’s normal (what he or she is ignorant of can’t harm them) and could bail one’s arse out if things go tits up.
My partner and I have a joint account into which we pay the minimum to cover bills, shopping, and other shared life expenses. Everything else remains in our respective sole accounts.
Why should to have to share them? If you can split the costs of your combined existence, why shouldn’t you keep the rest of your financials separate? Seems like some 1950s bullshit to me
Just buy some fancy watches they wouldn’t have a clue
In this thread: people admitting to moronically bad decisions and *still* taking no responsibility for them
My wife definitely does, somehow we’re all off to Cyprus and I haven’t got a pot to piss in.
We have a general idea how much the other one has from occasionally talking about finances but we are both doing fine and split the bills evenly. Not like we constantly update the other though. 10k or 12k in savings isn’t enough of a difference I need to know about too much unless we are looking at an expensive combined purchase.
I’d never hide savings (y’all insanely cynical in the comments, I wouldn’t hide money from my partner of 11 years) BUT my mum always taught me to never ever have fully joint bank accounts. We have a joint one but I always have my own too, he knows how much is in it, but it’s my financial independence (if needed).
Me and my wife have a joint account we pay into for all joint bills, then have our own savings accounts, bank accounts etc and it’s not really any of each others business. We’re open and transparent about funds when big things are coming up but living this way has meant we’ve never argued over money once, we both can have different money habits, and can treat each other to stuff.