Is it really good for a couple to have/keep a joint bank account?
Can you as a woman or man agree to such arrangement?
On what grounds can a couple opened a joint bank account and to what purpose?
I could not answer any of the above questions because I have never and will never keep a joint account. I don’t think it is necessary and it is not a way to demonstrate how much I love my husband/trust him, NO. I love my husband, I also trust him but the issue of joint bank account has never arisen. Of course I have access to his ATM cards and vice versa, we do sign blank checks for each other to use and so on, I don’t think we require any more to show that we love and trust each other.
A friend of mine at the husband’s bidding opened a joint account with the husband. Both of them had to deposit half of their salaries into the account for the upkeep of the home and children. They both have good jobs and are highly paid, after a while, huge sums of money-started disappearing from the account without explanation and the wife had to cater to household needs with the other half of her salary. She later found out that the man is fully into adultery and all other terrible vices you could think of. Of course my friend had to withdraw from the arrangement and that made the man furious, so much so that now, it is only God that could calm the situation.
Of course I don’t know the kind of advice I’d give my friend, but it is bad to know that your husband is using your hard earned cash to buy all sorts of expensive gifts and even car for another woman outside, while the woman had to manage on her own to pay the bills including children’s school fees which was supposed to be their joint responsibility.
Is it really worth it?