We have been married for 3 yrs. We have seperate bank accts. My hubby works a lot of overtime and sometimes I wonder what he does with all of the money. He makes good money. I don't know anything about our finances. Lately, it has started to bother me because He wants to know where all of my money goes, but he doesn't share his expenses with me. I want to ask him if we should get a joint account. I would like your input!!! Thanks in advance!!!
2007-08-09 08:51:17 · 15 answers · asked by metalwife 3 in Family & Relationships ➔ Marriage & Divorce
no joint account
2007-08-09 08:57:20 · answer #1 · answered by antoinio i 4 · 0⤊ 1⤋
Im in an identical situation with my husband(also married 3 years) . We do have a joint account for our rent, electric, council tax etc, but our actual wages goes into seperate accounts and he earns 4 times the ammount I do. I scrape by every month and out of sheer intrest i opened up his bank statement and he has over £7000 sat in his account!!! He just saves, saves , saves, he is obsessed with us getting a morgage together, works 14 hours a day, 7 days a week, yet all our bills are split right down the middle, and he wont have a joint account.
There is more to the situation, regarding what money simbolises to him, and his upbringing, which, with councelling i am begining to understand. But as a married couple I do believe all aspects of your finances should be shared together.
2007-08-09 09:07:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Joint account for joint expenses only.
Too many people take advantage of their spouse by spending more than their fair share of the money. If you want more money then you should get a better paying job.
2007-08-09 09:31:21 · answer #3 · answered by snack_daddy10 6 · 0⤊ 0⤋
Yes, I think you should having a joint back account is important to create trust between both of you. If he says no, I would take it that as a major trust issue. Why does he have the right to be so secretive? If the money he is earning is going somewhere other than towards your family you should know about it.
2007-08-09 08:57:06 · answer #4 · answered by wwmmd 2 · 0⤊ 0⤋
Honey, you should have had a joint bank account the day you were married. It's going to be hard to convince him of that 3 yrs later. You should also know about your finances. You are a COUPLE. You made commitments to each other, and that includes FINANCES. What's his is yours and what's yours is his.
Good luck.
2007-08-09 08:56:39 · answer #5 · answered by Elt 5 · 0⤊ 0⤋
He has no business asking about your money when he will reveal nothing of his. Has to make you wonder what he is hiding or possibly planning - always keep an account of your own, always! Having a joint account separately may be a good idea - if he is very hesitant, it is time to have a serious talk about money as well as trust issues.
2007-08-09 08:57:58 · answer #6 · answered by cocoaroma 4 · 1⤊ 0⤋
Yes, but just for joint expenses. You each need you own accounts for many reasons. I personally hated the idea that my wife knew what I spent on her gifts because we shared accounts. Also, you both my have different spending habits you shouldn't have to explain to each other. I set aside $ like an allowance for myself and the rest went into the general fund to pay bills.
2007-08-09 08:59:28 · answer #7 · answered by fortuitousoppty 5 · 0⤊ 0⤋
there is no reason to get a joint bank account. he makes his money and you make yours. you split the bills and spend the way you want. trust me, a joint bank account will lead to a lot of other problems. then your finances will really be under a microscope and a lot of fights will likely come out of that.
2007-08-09 08:55:18 · answer #8 · answered by Anonymous · 1⤊ 0⤋
I think there should be a joint account between spouses. I also agree that the wife should have her own separate account for the girly things in life like hair, nails, pedicures, etc. that doesn't take away from the house fund.
2007-08-09 12:33:55 · answer #9 · answered by Special K 5 · 0⤊ 0⤋
I think its best to get a joint account. When two people are marreid one person shouldn't be doing great with extra money while the other is struggling to pay there part of the bills. When two people become one, they shouldn't be acting as room mates splitting there bills.
2007-08-09 09:22:29 · answer #10 · answered by The Wižard 5 · 1⤊ 0⤋
Im not married YET but my fiance and I have a joint bank account and I feel its easier for us to deal with financial matters because bills are coming out of one account. not caring who does what who makes how much. If he wants something he takes it out of the account as long as its not needed for any bills and vise versa. it works well. :-) and i hope it keeps going like that after next month when we are married.
2007-08-09 08:58:37 · answer #11 · answered by DatDrMaHeLuvs 3 · 0⤊ 0⤋