Should Couples Have a Joint Savings Account?

[Suba]

According to several articles I have read, the real life of a married couple begins when the honeymoon period ends. All circumstances begin to become clear, both behavior and real financial conditions. Various needs will arise that require a lot of money. Couples begin to plan and control future finances to face unexpected situations and also to achieve a healthy financial condition. So do you think it is necessary for couples to have a joint savings account?

 

[Starmix]

It is case to case. When it's only the husband that's working, the couple might find it hard to have a joint savings account. For me, it is not safe. What if the husband has a mistress and plan to leave his wife, their savings might be withdrawn by the husband to please his mistress. I will never have a joint savings account should I get married.

 

[Augusta]

It is case to case. When it's only the husband that's working, the couple might find it hard to have a joint savings account. For me, it is not safe. What if the husband has a mistress and plan to leave his wife, their savings might be withdrawn by the husband to please his mistress. I will never have a joint savings account should I get married.

Well stated mate, we can't trust our partners especially the men really. They can be very mischievous sometimes especially those with side chicks and mistresses. We need to be careful with our savings

 

[eLdavis]

I don't think there is any law that says a couple should, or should not have one. It is mostly by choice or preference. If they feel having one is the best choice for them, then they should go ahead and have one.

 

[Starmix]

Well stated mate, we can't trust our partners especially the men really. They can be very mischievous sometimes especially those with side chicks and mistresses. We need to be careful with our savings

Most men are polygamous easy to entertain temptations it is safe for the wives not to have a joint savings account. We need to be careful with our savings nit to land to the wrong hands.

 

[Springtime]

Here, most couples have joint account. It is used to manage household finance. That said, other than having a joint account, each partner usually also has his or her own account.

 

[King Belieal]

It depends on how the relationship was built and grounded. It is not wrong to have joint accounts but I unfortunately won't do joint accounts.

 

[Xtynehappy]

For me l think that is a very wise thing especially for the sake of the offsprings that comes in between.

 

[Starmix]

I will certainly refuse to have a joint account with my husband especially if I earn better than him. However, I may change my decision if sense his sincerity and faithfulness.

 

[pousinha]

My husband is a faithful man, but in any way I always have preferred separate accounts. In addition, he has encouraged me since the beginning to open an account of my own in his country (I still was travelling from my former country to his and was maintaining my old bank account). The mishap in my current country (his native country) is the inheritance law, super bureaucratic and moreover, super unfair. If one of the partners dies, the alive one can't make use of the joint account any more, but due to the unfair taxes and fees, it's very easy to get indebted to pay the compulsory inventory, that easily results higher than the value of the inheritance. To not talk about the law compelling the widow to share the inheritance with the in-laws in the case the couple didn't have children. And whenever the new Civil Code is approved, the widow would easily lose a great part of his/her own patrimony to favour stepchildren and in-laws. So the worst thing a couple should do in my current country is a joint account.

 

[Augusta]

Nothing wrong if you have a faithful husband to do life with but it is good to still have your separate account with them as life can be unpredictable

 

[pousinha]

Of course, as we must cope with such an inheritance laws (in addition, if one of the spouse get indebted, a joint account would affect the finances of both the partners).

 

[Trush Jodie]

I would not have a joint saving with my husband. I believe in financial autonomy even in marriage as well.

 

[SilverLance]

Deciding on a joint savings account is a personal choice every couple needs to consider, taking into account their unique situations and what they prefer.

 

[Min George]

Couples that really trust themselves are free to have a joint account. It could be beneficial to family financial management.

 

[SilverLance]

For some people, having a joint account can make it easier to track expenses, pay bills, and save for common goals.

 

[Nomad]

If both of you are earning and contributing towards expenses, having a joint account can help. But I have never created joint account.

 

[Augusta]

Most men are polygamous easy to entertain temptations it is safe for the wives not to have a joint savings account. We need to be careful with our savings nit to land to the wrong hands.

Exactly my point. Some men don't care about the family. So they can afford to throw money around than caring for the family

 

[Kera]

If it is going to work for me, I don't mind having a savings account with my future spouse. The spouse must be sincere.

 

[pousinha]

Among many countries, a joint account becomes extremely inconvenient in the case a divorce occurs. For ex., a joint account in Mexico ends up favouring the guilty part of the divorce, if the reality show I watched said the truth. It looks like the poorer part is favoured by the divorce laws despite he/she cheated to the spouse. In a reality, I watched the story of a wealthy woman in Mexico that married a poor man and decided for a joint account, despite the money (and the house also) was 100% her property and he wasn't working. In addition, he never had searched for any job to contribute to the family expenses. In addition, he used to rob his wife to donate many gifts to his lover (he was cheating on his wife). Despite he was seriously guilty, a serial cheater and a lazy man, the divorce act favoured him with the half of his ex-wife goods cause joint account and joint goods. So better to avoid any joint account and whatever joint good, if you aren't 100% sure of the trustworthiness of your spouse.