Money Lesson Couple

If one of us stopped

The argument every couple with a joint mortgage has and nobody ever settles: six months of costs sitting in an account you can reach on a Tuesday afternoon, against the same money invested.

Then one of the two salaries stops for a year, and both sides find out what the habit was worth.

Employment Property Child Expenses Savings Account ISA Investments

Keep six months in cash

1 Goal · 1 What-If

Hold six months of costs in a joint instant-access account, and invest everything else.

Try this plan

Employment Property Child Expenses ISA Investments

Put it all to work

1 Goal · 1 What-If

Hold the identical money inside the two tax-free accounts, and keep no cash buffer at all.

Try this plan

Keep six months in cash Put it all to work

Keeping six months of costs in cash rather than in their tax-free accounts costs this household ~£76.3k, and neither of them runs out of money when the job goes.