Some people like to keep a measure of financial independence and not have every penny tied up with someone else's finances.Because you both own the account equally, you also own any problems with the account equally.If your partner bounces checks constantly, it can affect your credit score.
It’s funny how people talk about wanting to lose 10lbs, but when you ask them if they’ve changed their diet or hit the gym, they say, “Well, I was really busy last week…” Same with money.
How many people do you know who talk about what they would do with an extra $1,000/month…but if you ask them what they’ve done to earn more, they start mumbling about how they’re “still looking for an idea…”?
That $470 in damages that Mint caught was just the tip of the iceberg.
In fact, the person or people responsible had put a total of $1,700 in charges on Starbucks cards.
I’m giving away $1,001 as an experiment to see what one of you will do with it. All I ask is that you tell me how you spent the money. Because Indian people always add an extra 1.) I’ll pick the winner on Monday 4/23.
Navigating finances with your significant other means deciding what sort of accounts you need and who's responsible for paying what.Although the charges had been made days earlier, they had not posted to my account immediately, and no fraud alert had been triggered.I only saw the charges when they finally began rolling in and posting to my online account.If you begin to disagree about money, one of you doesn't have more legal right to the funds in the account than the other person.That means either of you could clean out the joint account at any time, regardless of who put the money in there.Both of you will provide your Social Security numbers and sign to accept responsibility for the account.