Is it ok to share a savings account with your love one??

I have a couple of joint accounts with my husband, but I also have my own checking and savings account. The checking account was one I opened so I could get paid for some work I did. The savings account is one I keep open for long-term savings. I'm not a very impulsive buyer. My husband is. He knows I stash money and he's okay with it. He's more likely to spend it if he knows how much is there, so he lets me handle all of that.

as long as you trust your partner i guess. i have a seperate account as well as a joint account however, we have been married for 22 years!

we have separate current accounts, but also a joint savings account. we use it for things like holidays and treats, and before the wedding we used it for that. it was useful for a lot of the money people gave us towards the wedding, and after as a wedding present. I think it's better to have separate accounts for day to day stuff. just so neither of you feel like you need to run any money you spend on yourself past the other. but a savings account together is a good thing to have.

Hello khaezi i have worked as professor for more than 40 years , am retired now, i had saved regularly, they were made fixed deposits in various banks, in all accounts my wife and son are joint accout holders.. i earn interst regularly on that... Thanks for sharing. Welcome always. Cheers.

if just during the appointment period , i dont thikn i can do that. but if we get married,i dont mind to share it with my husband.i will get two saving account,one is for we two,and the other one just for myself.

It would depend on how long I was with that person. If it is a new relationship, then probably not. If you are already married and have been together for a long time, then it is different. But I think it is best to keep the accounts separated in most cases, just to be sure. You never know what will happen in the future, even if you are in love now!

i think it's a great idea to have a shared savings account. for things you want for your future together. however, it is just as important to have your very own personal savings account as well. to have your own money for your own future. open an account for the two of you, but make sure you have your own savings account.

only if you are married to them, why because ive seen this too many time a b/f and g/f share the same saving account then they break up and someone will take all the money. and if you are married make sure your name is on the acount. i do someone who is married and her name isnt on none of the accounts its her husband and his dad. so she cant get to the money at all. but i think a female should have her own account just in case something happen in the marrage. so she can be indepance

yes it is possible unless you have a trust in your partner

NOOOOOOOO! Don't make a joint acount with your lover unless you get married and have kids. Better yet have it when you have kids already. Gosh! I don't share my savings account to anyone. We never know what will happen in the long run.Who knows you won't end up together. Don't do it yet. Please think of the possibities.Think it over. P.S. This is just my opinion. This is subject to rejection.LOL.Do what you think is best. Happy mylotting!

I think there is an advantage of making a saving account with your love one because you trust each other and you preparing for marriage expenses etc. Also the disadvantage if you have quarrel, how do you separate your own money? It depends on the consequence of the situation.

hi Khaezi! It's really up to you.. You should ask this questions to yourself Do I trust my partner? Will he pay me? Even if you are engage or plannin to get married, there are lots of things that are going to happen and you can't be to sure if he's going to pay you!

everybody have a privacy, i do agree about sharing things but not everything. :)

if you're relationship is already established and you have trust to each other then it's fine to share a bank account but just to be safe it would be good that you also have your own separate account. life can be full of surprises sometimes so you'll never know.