Should husband & wife have a seperate banking account or joint banking account?
@Cheerful_Beauty (89)
Australia
October 2, 2007 7:00am CST
I think husband and wife should have seperate banking account. Because people change. You will never know what will happen in the future. If they have a seperate account, when divorce happens between the couples, the fight for material will not turn ugly.
3 people like this
6 responses
@gwendovere (1279)
• United States
2 Oct 07
I agree with you whole-heartedly. My hubby wanted to have a joint bank account, and I said no. So we have separate accounts. If our marriage lasts for a few more years, I may consider getting a joint account with him. But I will keep my own separate account too. With the divorce rate being 50-60%, I don't want to take any chances. And my hubby is currently unemployed.
@Cheerful_Beauty (89)
• Australia
2 Oct 07
Thank you for your comment Gwendovere. It is not that we don't trust our partner, it just we need to be extra careful these days, and money is always one of the issue in the family.
One of my aunt's friends married to a guy who later turn out to be doesn't really want to work. He quit his job. All he knows just spend money. They have a joint account.
The girl's daddy is rich. Her dad inherritance to her was all spent by him. He even sold the house the girl's dad bought for her.
They are now living in a rented house, and she just keeps borrowing money from family or friends for their household needs, for kids' school fees( they have 2 kids).
And guess what. Her husband seldom comes home too these days. She doesn't even know where he sleep at night.
How tragic, and it started just from a simple thing.
@itkasp (266)
• Australia
2 Oct 07
Hi Cheerful_Beauty,
I think they should have both. The joint account could be use for the family expenses, such as electricity, gas, telephone bills, while the independent banking account for the couple's own expenses. It would be easier for the couple to have joint account together, so that each of them feel the responsibility and contribution to the family.
@wonderful1 (2075)
• China
2 Oct 07
i think they should have a seperate banking account and a joint banking account together. every month they put some money in the joint banking account for their living and for the future. and they can use their own accounts by themselves.
@agnescav (566)
• United States
2 Oct 07
I think husbands and wives should have both. Not because the marriage might not work out either. Every person should have some independence. Each person should have spending money they do not have to account for. But first they should figure out their bills and how much they should save for different things. After that it depends on the working situation, but they should decide to split up the rest of the money.
@Cheerful_Beauty (89)
• Australia
2 Oct 07
Thank you for your comment Agnescav. And yes, I agree with you. It will be unfair if one person will spend more than the other. That will cause a dispute.
