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Rainy day money for family emergencies

Rainy day money for family emergencies

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Old Nov 8th 2007, 7:33 am
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Default Rainy day money for family emergencies

We will be leaving some money in the uk for family emergencies. Not suse how much to leave though.

Anyone else done the same?

Mandy
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Old Nov 8th 2007, 7:43 am
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Default Re: Rainy day money for family emergencies

Originally Posted by Scrawni 2
We will be leaving some money in the uk for family emergencies. Not suse how much to leave though.

Anyone else done the same?

Mandy
rainy day money for you or your family??

For you.. i have no idea..

but for family...

be nice to leave a cpl of k... just in case the oldies need some help.. or sumat happens.. or they wanna visit so much.. but aint got the money !
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Old Nov 8th 2007, 7:44 am
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Default Re: Rainy day money for family emergencies

Hi Mandy,

This isn't something I've thought of. What would constitute an emergency that you would need money in the UK for?

I'm probably being a bit thick, but I can't think of one right now....
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Old Nov 8th 2007, 7:48 am
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Default Re: Rainy day money for family emergencies

I always have some money in my UK account. I have anywhere between L100 and L2000 depending on how flush I am here. I use my UK account (chip and pin) when I go home rather than my credit card. Should have said that it is easier to transfer money from my UK ac to my son's UK account or my parents' rather than having to pay the transfer fee for every transaction. I have one son who has emigrated back to UK and has been through some sticky moments.
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Old Nov 8th 2007, 7:54 am
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Default Re: Rainy day money for family emergencies

Originally Posted by Scrawni 2
We will be leaving some money in the uk for family emergencies. Not suse how much to leave though.

Anyone else done the same?

Mandy
Hi Mandy

Yeah we left one of or UK bank accounts open and have kept some money in there. Weren't really thinking about emergencies to be honest, but we use it to buy birthday and xmas presents for our family in the UK and they use it to put money in for our birthdays and stuff.

But yeah its there in the event of an emergency either way.

Nikki
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Old Nov 8th 2007, 7:56 am
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Default Re: Rainy day money for family emergencies

Originally Posted by Scrawni 2
We will be leaving some money in the uk for family emergencies. Not suse how much to leave though.

Anyone else done the same?

Mandy
Yuo ......we are keeping some in a UK account !

Good idea i think
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Old Nov 8th 2007, 8:18 am
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Default Re: Rainy day money for family emergencies

Yup we have. Our reasoning? If both of us die and we need my brother or sister to come out for the girls we can pay them back Sorry not a funny subject but about 30 seconds after we thought that we were crying on the floor at how stupid that was
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Old Nov 8th 2007, 8:25 am
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Default Re: Rainy day money for family emergencies

Originally Posted by moneypen20
Yup we have. Our reasoning? If both of us die and we need my brother or sister to come out for the girls we can pay them back Sorry not a funny subject but about 30 seconds after we thought that we were crying on the floor at how stupid that was
LOL ! that will be snapped up for a sketch on TV !! Copyright that concept QUICK !

http://www.boingboing.net/2004/03/04...pyright-a.html
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Old Nov 8th 2007, 8:34 am
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Default Re: Rainy day money for family emergencies

Originally Posted by Scrawni 2
We will be leaving some money in the uk for family emergencies. Not suse how much to leave though.

Anyone else done the same?

Mandy
yes we left about 3k in a nationwide e-saver a/c which we manage online, but it's pretty pointless on reflection cos it's easy to transfer money back via tranzfers etc and we can use our credit cards in the UK-but i suppose it avoids paying the foreign exchange surcharge on our Oz CCs.

the brain cell has just reminded me that it gives us somewhere to transfer money back to-tranzfers is all well if you have a bank a/c in both countries.
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Old Nov 8th 2007, 8:36 am
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Default Re: Rainy day money for family emergencies

Originally Posted by ianandhelena
yes we left about 3k in a nationwide e-saver a/c which we manage online, but it's pretty pointless on reflection cos it's easy to transfer money back via tranzfers etc and we can use our credit cards in the UK-but i suppose it avoids paying the foreign exchange surcharge on our Oz CCs.

the brain cell has just reminded me that it gives us somewhere to transfer money back to-tranzfers is all well if you have a bank a/c in both countries.
My Son, has sent a few bob back to the Old Farts...

He sends it via PAYPAL ... we didnt know, until.. the old fella was askin the missus.. how could he spend it in Tescos !!
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Old Nov 8th 2007, 8:39 am
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Default Re: Rainy day money for family emergencies

Originally Posted by Timber Floor Au
My Son, has sent a few bob back to the Old Farts...

He sends it via PAYPAL ... we didnt know, until.. the old fella was askin the missus.. how could he spend it in Tescos !!
what is paypal's commission on those kind of transfers?
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Old Nov 8th 2007, 12:38 pm
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Default Re: Rainy day money for family emergencies

It is for as someone else has suggested, to pay for airfare if needed quickly. Also if we have to return for a death/illness in the family.

Don't know why but will feel better knowing it's there.

Mandy
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