I am open to having a joint account as long as the man is sincere with financial dealings. Else it would fail.
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Should Couples Have a Joint Savings Account?
- Thread starter Suba
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in the long run joint savings can help couples achieve shared goals like buying a house, starting a family, or investing for retirement.
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Whether to open a joint bank account depends on the couple. If both partners trust each other and are good at managing money, it is a good idea to open a joint bank account.
Absolutely not a great idea i have also heard stories of couple having a joint account including both their businesses it didn't end well,one of the spouse was using money to fulfill other things that were not in discussion between the two,some commit murder for inheritance.
Me,Myself and I I came alone in this world you can never trust anyone no your spouse.
No, they can contribute from each others personal account when required. That way they save better for their personal crisis.
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One can spend more than the other its best if they save money separately to prevent confusions.
Nowadays we have such couples that have actually decided to put together whatever they have in one account for the family savings. However this must go with the faithfully partners to avoid unnecessary losses
Some couples are honest to each other but still its a bit risky adlist open a separate account
The most important thing for couples is to discuss it openly, also agree on boundaries, and keep communicating regularly.
Possible drawbacks to couples having a joint account is the challenges of splitting the funds in the account in the case of a divorce.
Its their lives at the end of the day they must do what seems right for them.
For the cases of building stronger bonds for the family, it is however reccomended for the couples to have joint saving accounts so that they can safeguard the family on imidiate financial constraints that comes by for the truth of the matter.
That's true. There should be mutual understanding when finance is concerned in a family.
Money causes troubles it's best when investments occurs separately when married
People should feel free to choose what fits their lifestyle and financial goals without pressure.
To me its a risky situation that is when the couple is now divorcing ,to me even marrying in community of property is not a good idea so as to say having a joint account
I hear you but i still think its risky to do that as much as he or she is your spouse you need to have your own savings where you will be able to plan for it without anyone telling otherwise also most spouses are not loyal
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I hear you but i still think its risky to do that as much as he or she is your spouse you need to have your own savings where you will be able to plan for it without anyone telling otherwise also most spouses are not loyal
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Too risky I have seen divorces end up badly, one loosing a lot another not getting anything, you could never say they were once a couple who loved one another it's heartbreaking
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In thee end you must choose and think for the future close the heart and open the mind.
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One of the worst risks come when in the case of divorce or widowhood, you lose money and/or properties that you have inherited from your parents and grandparents. It's a serious risk touching joint accounts and joint properties, depending on the laws of your country.
Things have changed at time no matter if you're married do things separately even if i was married to an angel still remains the same
Joint accounts and properties often complicate matters, and the laws vary widely depending on where you are.