Money To Live

February 6, 2012

Secret Savings

Filed under: family finances,savings — by moneytolive @ 8:22 pm

Some people stash money away secretly from a partner, but that’s not what I mean by secret savings. I’m talking about keeping it a secret from yourself. My mom and my husband both do it; I don’t.

As a girl, I remember my mom showing me her check register and how she rounded up every withdrawal a little bit. That way, there was always extra money in the account.

Hubby R has two secret stashes, at different locations. One of his stashes is in a CD and would cover 3 months of minimal living expenses, but it’s not allowed to be counted as part of our emergency fund. I think of it as his "Knight in shining armor fund." If our finances completely collapse (not likely), he can ride in on a white horse to save the day. His other secret stash is the "zombie attack fund." It’s about 3 weeks worth of living expenses stored in cash at a secure, alarmed location.

Despite these two accounts being "secret," I include them in our monthly net worth statement. Each month, R reminds me that these don’t count and that I’m supposed to forget about them. I laugh.

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1 Comment »

  1. yup, many pots: CD and separate bank account with a different bank, plus micro-amounts of cash for a very small rainy day.

    Comment by secret stasher ;) — February 8, 2012 @ 5:38 am |Reply


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