Can you have a joint bank account with your siblings?

[Xtynehappy]

Have you ever considered making a joint bank account with your siblings. This can be a very great opportunity as a family.
What do you say?

 

[magnus2022]

I wish i will but i don't have siblings. My only sister died when she was in her teens. Am the only surviving person in my family presently. ⚘

 

[pousinha]

It's strongly dependable. You can consider such a joint bank account only when you share the same relationship with money. If your ideas about how to spend, how to save and how to invest is at least similar. If you are a great saver, but your brother or sister likes to lavish money, each of you should have his/her own bank account.

I wish i will but i don't have siblings. My only sister died when she was in her teens. Am the only surviving person in my family presently. ⚘

I'm very sorry

 

[eLdavis]

I can, but I don't see any reason why, unless there is a specific reason then I think it's a pretty good idea.

 

[Starmix]

Absolutely, No. We have each own savings account with my siblings. There's no reason to do it too. We have different financial sources of my siblings.

 

[SHAHID987]

Everyone have their own individual account. My intention remain as once I will do this we may remain suspicious on other. Most of the time we miss our calculation and think that bank is trying to cheat us.

 

[King Belieal]

I have made it a standard thing that I won't have anything that is about money with family members. I prefer them to stay in their positions as family members so that hatred would not brew.

 

[pousinha]

Absolutely, No. We have each own savings account with my siblings. There's no reason to do it too. We have different financial sources of my siblings.

Exactly. Imagine a joint bank account with your siblings. Imagine a day John Doe wakes up and his hard earned money disappeared and the bank account is broken because his brothers Jerry and Jack have spent all the amount into futilities the day before.

 

[Starmix]

Exactly. Imagine a joint bank account with your siblings. Imagine a day John Doe wakes up and his hard earned money disappeared and the bank account is broken because his brothers Jerry and Jack have spent all the amount into futilities the day before.

That will surely happen if having a joint account with our siblings. Each sibling has different attitude and mind set and money is tempting if the owner self doesn't have discipline and self control.

 

[Kross]

I can't have a joint account with anyone in this life. Finances are very private matters and it is not something that should be shared. Someone having knowledge of your finances can lead to problems in the long run.