My fiance who I have known for less then six months wants to combine bank accounts. Should I?

Question

I will be out of the country for over a year. Should I give my fiance full control over my income during this time?

Answer 1

Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity. A California appellate court held that a woman was not required to reimburse funds withdrawn from a bank account held jointly with her former fiance: http://www.findarticles.com/p/articles/mi_qa3898/is_200311/ai_n9327851

Answer 2

My husband and I had a joint account before we got married, we used it to pay for our wedding and car payments. However, your situation is different because you've known each other for so little time, you're going to be out of the country and thus not know what he's doing with the money, and he's insisting on it so that makes it "fishy." In your case, I would recommend against it.

Why are you out of the country? Are you in the military? Are you going to have internet access while you're gone?

My suggestion would be that if you want to be able to help each other out financially during that year, you open a new joint account at the same bank you already have an account in, but still keep seperate accounts too. Then you can transfer money back and forth online (in most banks) if needed, while not giving up all of your money to your fiance to do as he pleases.

Answer 3

In a word, no. Leave your finances in the hands of someone you've known a little longer. There are couples that have been married for decades, and when the husband turned out to be a serial killer, the wife had no idea. In your case, you hardly know your fiance, so it's entirely possible that he's a con artist. The whole thing sounds fishy to me.

Answer 4

Sounds like a bad idea. Like you said, you barely know the person. Keep your finances seperate to protect yourself. Better to be safe than have the fiance clear out your bank account and run!

Answer 5

If you are marrying this man and you can't trust him for 1 year with your family finances, then why marry him?

There is nothing wrong with keeping your banking relationships independent until after you are married and back in the country.

If you give him full access to your money, then you have no recourse if he does not do what you like.

Answer 6

ABSOLUTELY NOT - I am not being mean, but number one, why is he your fiance if you havn't even known him 6 months. number 2, if you have to ask this question on yahoo answers, you shouldn't do it.

Answer 7

Hell no, keep your own thing. Have a second account with him, but no. Until you get married then do, but right now, just chill.