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You are a fool if you have a joint bank account.
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thistledome wrote: »Yes, when starting life as a married couple arrange your finances in anticipation of your future relationship breakdown and divorce.
With this attitude, it will definitely happen.
No, it may do or it may not. Its a bit late afterwards to say I wish I'd.........
When you buy a new car you insure it but dont expect to crash. You pay the AA but hope it doesnt break down. Why do people go so blindly into marriages etc with no though of what might go wrong?
A relationship will not break down because of having seperate accounts.0 -
My friend always had seperate bank accounts and his and hers money. She didn't even know what her OH earned. Then he was seriously injured in a motorbike accident and not knowing what was coming in and what needed to go out, she opened his bank statement and discovered he'd been funding a mistress with a monthly amount for over a year. :eek:
I've also seen plenty of threads saying I've built up several £1000s of debt and my partner doesn't know.
Just to give a balance on the joint accounts are a bad idea pov.
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he'd been funding a mistress with a monthly amount for over a year.
OK, sneaky but not illegal. At least the wifes money being seperate meant she wasn't contributing anything. The affair would have happened anyway regardless of joint accounts or not.I've also seen plenty of threads saying I've built up several £1000s of debt and my partner doesn't know.
Well, again, if he/she has then at least that debt is in their own name only, and the other partner is not legally liable for it.0 -
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My husband and I have always had a joint account. It works for us, and TBH if anyone was to do the fleecing it would be me, as he earns way more than me! Thankfully I know I would never do that, and I feel after 10 yrs of marriage I know that my husband shares my views/morals etc...
You may think people like me a fool, and that is fine, but it's a risk I'm willing to take!0 -
moomoomama27 wrote: »My husband and I have always had a joint account. It works for us, and TBH if anyone was to do the fleecing it would be me, as he earns way more than me! Thankfully I know I would never do that, and I feel after 10 yrs of marriage I know that my husband shares my views/morals etc...
You may think people like me a fool, and that is fine, but it's a risk I'm willing to take!
Please show your husband your post and report back with what he says, thanks.0 -
Please show your husband your post and report back with what he says, thanks.
He said he knows I would never fleece him, and he would never fleece me! He doesn't care that he earns more, he knows I never take money without first asking, same with him, we discuss every penny that goes out!
No matter what we trust each other 100%0 -
I had an account with my ex husband, when we split we just sorted our finances fairly and never fleeced each other.
Now I have another joint account with my partner and father of my child as I had to quit work to look after our child. I to would not like to be given pocket money and ask for every penny, nor would my partner want me to.
I would never fleece him.
Guess it works for some and not for others.0
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