The account everyone should have: – Start with a hundred notes today

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Lund herself aims to achieve financial freedom, so that she does not have to work, but receives passive income from her investments. Here are her top tips on how to top up your own fuck off account:

• Just get started! Set aside what you can each month and think long-term. Most of us should have three to five monthly salaries in the savings account in case something happens. But do not stop there if you can save more. Steer clear of unnecessary consumption, and rather put money in a savings account or preferably invest in funds. It will give you incredible security, which allows you to choose to be left in a relationship for the sake of love, not because you can not afford to live alone. Everything is better than nothing, so start a savings agreement today with a hundred bucks if that’s what you can do.
• Familiarize yourself with your own finances so that you know what things cost and where you can possibly save money. Divide expenses fairly between you. If one earns much more, it should pay a larger percentage of the expenses. For example, if one earns 400,000 and the other 600,000, the one who earns the most should pay 60 percent of common expenses.
• If you own a home together, you must also be the owner of the percentage you have agreed on. And be careful that you do not fall into the “woman’s trap” and buy consumer goods and food, and your partner is the owner of a car and has fund savings.
• If you are married, you are in principle entitled to half if you have not agreed otherwise in writing. If you are a cohabitant, you will bring what you had with you into the relationship if you separate. Then it is awkward if joint money has gone to your partner’s fund savings.
• Write a cohabitation agreement while you are still in love with each other. If things go wrong then you have paper on who bought and owns what. And talk about personal finance and what you want to prioritize. There’s a reason you’re together, and a fuck off account should not be a threat to your partner. Turn it into something positive. The money does not have to be used to go apart. You can use them to have security to change jobs, move, go down in job percentage, start a company or anything else you dream of.

Ask one group in particular to have a chat

In a survey conducted by YouGov on behalf of Storebrand, 12 percent of the 565 respondents (251 women and 314 men) answer that they would not be able to manage financially in the event of a break-up. 35 percent answered that they could not leave their partner without having their standard of living reduced, while two out of ten answered that they are in a relationship due to financial dependence.

Consumer economist Cecilie Tvetenstrand says that there may be various reasons why 12 per cent say they would not be able to manage financially in the event of a break-up. She points out that some may have tight family finances even with two incomes, while other couples may have a distribution where one takes care of family logistics, children and homes, while the other has the main responsibility for the finances.

– It may be a well-considered joint decision that was made at some point, but which could have a negative effect on those who have been at home in the event of a break-up. For this group, I recommend having a chat today, so that one party is not the loser in a breakup.

– Thought-provoking

Tvetenstrand believes it is not so unnatural that many will have to reduce their consumption and habits in the event of a breach.

– The household then goes from two to one income, but it is not necessarily only half as expensive with electricity, food and holidays. There are many considerations to take, especially if you have children in common and are locked up to live in a limited area.

– But that two out of ten stay in a relationship due to financial independence I think is thought-provoking, says Tevetenstrand.

She encourages everyone to try to secure an economy that allows them to manage on their own, even if today they have a common economy.

– Then it is also easier to stick together because you have chosen it, not because you have to. Feel free to set up a savings for the person who earns the least in the person’s name, so that there is no conflict about this later, the consumer economist advises.

– And most importantly, sit down now and have a thorough talk, about expenses, savings and what happens if you divorce or one of you dies, this is especially important for those who are cohabiting and not married.

Tvetenstrand gives the following advice to those who do not really tolerate a breakup financially, but who want to save up fuck off money:

• Take the steps you can today. If you manage to build a robust economy while you are having a good time together, it is very best. Review the expenses you have, both the large, fixed and small amounts that just disappear from the account, and save where you can. Not everyone is in a situation where they can save a lot, but something is better than nothing.
• If possible, make sure that you own the home together, so that you get a possible increase in value. If only one owns the home, agree that the other should have the opportunity to save a little each month for equity.
• If you are at home with joint children for a period, look at this as a joint decision and set up savings for those who are at home to compensate for loss of income and loss of pension earnings. If there is no room for it in the family finances, write an agreement that you save the same amount when you return to work.
• Knowing that you will manage financially on your own may strengthen the relationship, because you do not have to take financial considerations into account. It will at least make you more confident that you will also do well on your own.

How much “fuck off money” do you really need? This is how Tvetenstrand sums up:

• There is no definitive answer to that. How much you need depends on your life situation. Do you own a home alone or with a cohabitant, and have the opportunity to buy a new one on your own? Do you have children to support?
• If you earn well, and have saved up enough equity to be able to buy a home on your own, you are better off if you find yourself in a situation where you want to get out of a cohabiting relationship.
• If, on the other hand, you are financially dependent on your partner, it may make sense to set up a fictitious budget to get an overview of what it takes for you to manage on your own. Maybe you then see that you either have to try to increase your income or work out how much and how long you have to save to stand on your own two feet.
• If you live in the home your partner owns, without owning anything yourself, you may want to start saving for equity if you have the opportunity.

In the YouGov survey, 28 percent answered that they have heard the term fuck off or fuck you money, while 64 percent answered “no” and 8 percent “do not know”.

45 per cent of the women and 35 per cent of the men answered “do not know” when asked how much money they would need as a buffer or fuck-off money in the event of a break-up.

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