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You are a fool if you have a joint bank account.

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Comments

  • tomatoe_2
    tomatoe_2 Posts: 940 Forumite
    pelirocco wrote: »
    Maybe you should concentrate on picking better partners?

    :rotfl:No one has fleeced me. I practise what I preach.
  • tomatoe_2
    tomatoe_2 Posts: 940 Forumite
    edited 30 July 2011 at 7:19PM
    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.
  • Spendless
    Spendless Posts: 24,844 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    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. ;)
  • tomatoe_2
    tomatoe_2 Posts: 940 Forumite
    Spendless wrote: »
    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.
    Spendless wrote: »
    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.
  • bloss0m
    bloss0m Posts: 1,923 Forumite
    1,000 Posts Combo Breaker
    WE dont want them back ;)
    mackemdave wrote: »
    Some village has lost their idiot
  • tomatoe_2
    tomatoe_2 Posts: 940 Forumite
    bloss0m wrote: »
    WE dont want them back ;)

    Its okay, that geordie fellow has probably found his way home now.
  • moomoomama27
    moomoomama27 Posts: 3,823 Forumite
    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!
  • tomatoe_2
    tomatoe_2 Posts: 940 Forumite
    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.
  • moomoomama27
    moomoomama27 Posts: 3,823 Forumite
    tomatoe wrote: »
    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%
  • Rebecca01
    Rebecca01 Posts: 732 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    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.
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