love and money

I have a joint account with my fiance and we have not experienced anything bad yet. We both use our money wisely, and decide what we need and want together. Any purchases to be made are discussed before buying them.

The decision to open a joint account comes down to how sure you are that this relationship is going to last. The way society is with throw away relationships these days, I would be hesitant to say go for it. My fiancee finally talked me into closing my old account and joining his. I was very hesitant because of my past heart aches. I did finally agree to it but I keep track of my money and what bills I pay with my money and I keep it in a log just in case. It is also a VERY smart idea to have your own "stash" that no one but you knows about. I always thought my friend was crazy for pushing that idea on me until I found myself in a bad relationship and I needed to get out. I had saved up enough for two nights in a hotel, meals, and the trip back home to my family and he never new it. He was quite shocked to find out he really had no control over me because I DID have a way out and did not need him. Even though I have found the right man for me now and planning the wedding even, I still have my stash mostly for emergency purposes and not because I think we will ever part. I think the reason I still watch my money separately even in the same account is just habit now and I like to know where my money is going. My best advice is just be extremely cautious that you do not get yourself in trouble.

The reason behind having a joint account is to facilitate your partner use the funds when ever they need. Yes if your partner is a spendthrift then you will have to be cautious about that. I guess it wont be a problem to me as long as i manage the funds, i am sure my partner wont misuse the funds. I may not get into trouble having a joint account with my partner.

well me and my girl our bout to have a joint account...so i think its a good thing

Yes it could, especially if you have one mate out of the relationship, stealing. This happened to a guy I know and his wife. They had a joint account, and she went in it so much until she wiped him out clean. Plus she wrecked his car. This woman was just using him for his money. My husband prefers that me and him just have separate accounts. He thinks it will cause problems in the long run. Just the other day, he wanted to know my bank account number so that he can deposit funds into my account. As long as he wants to put money into my account, I could careless about having a joint account. Although, having a joint account, can make you feel as if you trust one another. It ends up being an issue sooner or later.

If your boyfriend wants to have a joint account then it would be better if you get a new account from another bank for the two of you so that both of you can start from the scratch meaning you two would have to put an equal share on your joint account. In that way, you still have your personal account for yourself so that you will have your own money.

I would keep my own bank account and then open a joint account with my boyfriend/hubby to be though I would not put all of my money into it. It would be for household expenses that are shared so it would be money for the purpose of being together.