Should couple have individual or joint bank accounts?

India
June 22, 2010 1:04am CST
Other day one of my married friend asked about this. But i have no answer about this what are your views?
4 responses
• Singapore
22 Jun 10
My husband and I had an agreement on this. We will each keep a separate account, then open a joint account for the joint payments like housing loan and family expenses. We agreed on an amount which is comfortable and transfer it to the joint account every month. For our individual accounts, we can still use money freely without having to answer to each other.
• India
22 Jun 10
Thts nice planning.
@kodukodu84 (1576)
• Malaysia
23 Jun 10
I'd choose to have an individual bank account. But maybe, just maybe...if we have a children then will consider a joint account, and will still have the individual one too.
@kalav56 (11502)
• India
22 Jun 10
Couples must have individual accounts that are maintained independently. But the names must be there. It can be an EITHER OR SURVIVOR account.If the people are not sure and would like to maintain greater privacy then a nominee can be added.
@abj163 (1038)
• India
22 Jun 10
o course they should have individual accounts....because if your lovers love is not true ....then he may be using u.....he may be just loving your money not you ....so never share our bank accounts or make joint bank accounts.......money is the only thing which affects everywhere it affects in friendship , in love, in family .everywhere.....so we should have an individual account