Many couples ab-initio started joint accounts innocently and devoid of thoughts of scheming, manipulation and recklessness towards their partners. They even yank off every form of check and balances on the accounts, thus anyone can withdraw anytime they please. This trust over time has proven too expensive as there are many woe tales of men servicing extra marital events with the hard earned money while some women have also done same with other men and spent lavishly on jewels, embarked on building projects all in secrecy.
Considering that a man should fend for his family and his wife should support him if she can, is there a justified need for joint accounts, when one disagrees, does it negate your claim of love?
Please give your take, a couple needs your help..
Thanks
The floor is now open.
The floor is now open.
This sounds great but it depends on yo two. If you speak one voice...it mmight be worth it. Daniel, PHC, Nigeria
ReplyDeleteThis comment has been removed by a blog administrator.
DeleteJoint account for couple should not be a problem if and only if the couple involved is on the same page of trust,without fear of betrayal,but in the absence of trust I sincerely advice they stay off joint account to avoid been hurt...Mazin PH Nigeria
ReplyDeleteKeyword: TRUST.
ReplyDeleteIf they have it, they can do virtually everything together. If they don't have it, then....
Its always better to know what works for your family as no two families are the same. Not having a joint account does not in anyway diminish the love one has for his or her spouse. Chichiberry
ReplyDeleteIts always better to know what works for your family as no two families are the same. Not having a joint account does not in anyway diminish the love one has for his or her spouse. Chichiberry. Abia
ReplyDeleteWhen it comes to spending I'm the careless wife my husband is the careful one so I doubt if he'll agree to do dat with me. But what does it matter? It doesn't mean we love eachother more or less! That's my opinion
ReplyDeleteAs rightfully said TRUST is the key ingredent in any relationship,a joint account would work if both paties commit to the purpose of it.
ReplyDeletePlease please, when they started out, werent they both committed to the purpose of opening the account? I think its a way women cajole men to pin down their finances all in the name of Love. Abeg...lets face it. Who contributes more. A woman would agree to that when you, the man, brings more money. Osariemen, Edo
ReplyDelete@ osariemen,who should provide money,isn't it suppose to be the man....the man provides the woman spends kapish...Mazin
ReplyDeleteWell, this could be a volatile topic. My take is this, couples should operate separate individual accounts. And if the need should arise, they could float a joint account with proper checks and balance in place. Albeit, couples are encouraged to do what works for their specific situation. Dr Jay, PHC
ReplyDeletemy question to each party in a relationship would be, DO YOU WANT TO BE HAPPY or DO YOU WANT TO BE RIGHT? Truth is, you can't always be both! So whatever your answer (to the million dollar question) should determine your action/inaction in any given situation. I wish you the wisdom to exercise your freedom of choice wisely!- IC Clinton
ReplyDeleteAs a rejoinder, not having a joint account doesn't mean the couple don't love eachother....
ReplyDeleteNot have a joint account doesn't also mean lack of trust et love too
ReplyDeleteJoint Account again! I've "FALLEN" in love, and that is already one big FALL. Sorry won't be FALLing into any joint account or any such thing anytime soon in this part of the world.
ReplyDelete...Chinedu (Abia State, Nigeria)
In marriage...there's no such thing as mine or yours... My money n her money is ours... I use her ATM n she uses mine... Sometimes my wife is with my ATM for over 2 weeks.... In marriage it's must not an option.... Unless d man orwoman is broke
ReplyDeleteIf d man or wman is broke then dea's no discussin joint account... Basically its for projects n future projects.....
ReplyDeleteJoint account basically shows d xtent of focus both couples have,how close they r n I personally subscribe to it because we have a great future and we both nid plan 2wads it 2geda n not seperately....
ReplyDeleteSome school of thought belive that women manage money better than men, and i think its not a lie. In this case, y not just give her the accelerator?... Osariemen, Edo
ReplyDeleteLove apart, i think this can bring a very big bottleneck to the access to cash, especially when both have to sign to withdraw. Why the joint account thing, if you can trust yourselves with your separate bodies, why not trust yourselves with your money too.
ReplyDeleteIbikunle, ABuja
A joint account speaks volume of the financial cohesion between the couple. I am in full support of it and i have one with my spouse and thers been no issue whatsoever.
ReplyDeleteJubril, Abuja
@Jubril, do you have a personal one apart from the joint one?
ReplyDeleteYes i do, any harm in that? Point of clarification, having a joint account doesn't stop you from still having your individual acct. You just dey realize say na she go chop your money?
ReplyDeleteJubril, Abj
Hmm mm, its funny how men expect that all we have, should logically be theirs yet they seem to undermine our managerial abilities. i don't even need any joint acct with any man. Avoid wahala
ReplyDeleteDorris, Agege Lagos
Its only a man that is not totally in charge of the family finance that would buy such an idea. Once i am capable, i ll simply provide all she needs. No joint accounts at all. let her keep whatever she is making to suppor the home if she pleases.
ReplyDeletePeople should stop sounding as if women are beggers. If i agree to join accounts with my spouse, its simply because, i want to support him and i trust him and blv he will not be funny with our money.
ReplyDeleteANGELA, OWERRI
@Angela, im sure you havent heard of how aome woman kill their husbands once they sucees in decieving him into this joint acct thing?
ReplyDeleteImeh, Owerri
Couldnt a man do that to his wife too? if she has more money? question is, who brings up the idea?
ReplyDeleteAngela again, Owerri
Hmmmm, interesting...i am of the opinion that couple should put money together to achieve certain goals. they can have seperate accounts and still have a joint one. In a case where they dont, it doesnt mean they love each other less.
ReplyDeleteJerry, Lagos
i will never encourage it any point, its for new lovers wey love still dey shakkk.
ReplyDeleteObi, Abia
If you want o join money with your wife in one account then be ready for some MONITORING.
ReplyDeleteWhat about it? I think it's personal
ReplyDelete@ John, personal? What is personal, your acount or your opinion?
DeleteDr Jay
@John...we need opinions here,its personal yes but people out there need this to better their relationship valentine Abia
ReplyDeleteI don't have such tym. If she needs money,I simply provide for her. We nay open acct for our children and co fond that. We can both be signteries to that. Uche Enyinnaya. Aba
ReplyDeleteTrouble dey sleep yanga go wake am, na wetin e dey finnnnnd..palava e dey find, palava e go geti ooo.
ReplyDeleteFela said.
Let each person hold their money abeg.
Crispy, IB
@crispy...I feel you,let each person hold him/her money...make wahala no happen
ReplyDeleteThis comment has been removed by the author.
ReplyDelete@ John, quite a handful, long and short is that, there should be a common ground. But really, really is there such a home where both parties have same goal, same temperament
DeleteMama kesy, what do you think?
ReplyDeleteAs far as am concern,there is nothing wrong having a joint account,provided they both have a common goal.having a joint account strenghtens their love because even the bible say the love of money is the root of all evil.If couple can trust themselves with money it goes along way in their marriage.As for me I would love to have a joint account with my spouse and also have my own account.the bible say the two will become one"in every area"which includes their finances.
ReplyDeleteThe main reason that we choose to keep a joint bank account is our belief in UNITY. We believe that when you get married, you become one, and money is a key area where this is lived out. There is no “yours or mine" but only “ours.” When you handle your money together, you are agreeing on your hopes, dreams and goals together.
ReplyDeleteFor me, the first point of call is financial trust and financial transparency.
ReplyDeleteMoney has split many people before and hence issues like this has to be handled with greatest caution.
I believe in having a joint account and in working towards it, I will be financially plain and transparent and that will continue to be my goal. Of course the 80-20 rule still applies in that I may not always get what I want which i believe is a sacrifice to keep and please who I want....and lovev
@Dr Jay,speaking realistically, there is no perfect situation.but i strongly think that couples should hava a common goal graph and over time harmonise the differences in their temperaments.Cos, everyone in the ship needs to be in agreement as to where the ship is headed. What do you think? Jerry, Lagos
ReplyDeleteThank you all for your contributions so far. I have been able to deduce that as much as this sounds a lofty idea in an ideal God fearing home, another major threat to it is the normal human nature of change being a constant x. PEOPLE CHANGE. The tenets and platform for this decision of course appears all right and proper at the inception. Painfully, over time and because of imperfection, one or both partners start to deflect. Perhaps that explains why Adam and Eve even in a God-perfected garden still couldn’t stay aright. With this in mind, as right as it seems and as committed as one may be to the financial success of the home, one may also want to take some precaution on the financial merger, wherein the man is to actually provide for the home, would it be wrong to slight him a bit on his financial grip?
ReplyDeleteAre you suggesting that men who have joint accounts with their wives are not comfortable enough?
ReplyDeleteJerry,Lagos
There is no 'cast in the stone' approach to this. I believe couples should understand themselves first,then their relationship well enough to decide on what is good for them or the family or the 'operations' of the family. its really nothing to fight about - if the question "Why do we need a joint bank account?" can be answered, that will decide the need for it or otherwise. This question will also set the 'modus operandi for that account anyways - OWOJ
ReplyDeleteI think we r not matured a enoff to actual maintain a joint acct in dis part of d world. The women naturally wud want dier hubbys 2 acct 4 evri penny dey spent in dat acc n vice versa!!! I wud subscribe dat both parties shd maintain dier separate acc n divulge d acc details 2 each oda incase of any eventuality!!
ReplyDeleteI think its not a bad idea to keep money together but it has to be directed to a specific project. I am against running the home with joint acct money. Just my view.
ReplyDeleteDerin, Lagos
For me it is ok to have a joint account, if and only if there's a reasonable amount of trust and understanding! Any less is cacophony!!
ReplyDeleteMy point of view here is dat, it depends on d type of person u are married to, as 4 me, I don't prefer d join account at all, I prefer dat I and my hubbby should have defference account. Why is that men always love to look into their wive's account? Anyway, having joint account doesn't determine trust and Love in a relationship. That's all I ve to say.
ReplyDeleteDont women like to look into their husbands account too? What i know abt womwn is that they ll stay on ur neck for step by step xplanation of how every kobo was spent...perharps you gave some to another woman...
ReplyDeleteRobert,Owerri
You guys should not quarrel over it...lol. As for me, i dont see a big deal in that. just be open to each other whether with a joint acct or disjointed account.
ReplyDeleteUz, Enugu
Lets all be realistic, once women are giving you their money to keep in one account, its a nice way of telling you that they want to know in detail, how u spend urs. They forget that whatever you make is for the family already. i dont think its a very wise idea to have a joint account. They cna be nicely choking. If you are the man, then be the man, provide the money when the family needs it.
ReplyDeleteElechi, Lagos
It appears some men are taking this very personal, why are they getting furious if they really have nothing to hide?
ReplyDeleteOluchi, Lagos
This topic is quite delicate. I think its faster to disunity sha o.
ReplyDeleteAhhh faster to disunity kee?it is well o...how is it delicate and why is it faster o...let everybody do what works joor
ReplyDeleteDats it indeed @wat works. All marriages aint d same. Joint acc might work for some unions and even bring d couples closer while for some, could be d seed dat will germinate d tree of seperation.
ReplyDeleteJoint account wit a man l laugh for beta mutual unstanding for d two party l w prefer we had a separate acct becos men w always b men y women w We always b women
ReplyDeleteOperating a Joint account by couples is a way of showing Love and commitment to d relationship. But eighty percent of d time that story doesn't end well, whether its the man that earns more or not. Nd dis is more especially if d spouses do not hv other accounts apart from that which is joint. The only account I wld ever go into jointly with my spouse is either a fixed account in prepartion for a certain project or a trust fund account for our kids bcos we dnt hv to withdraw from it until its expiry. People shouldn't wait until the mistake is theirs learn to learn from other people's mistake. Joint account doesn't work in this part of the world or any wre else for that matter. UcheOsarieme, ABA.
ReplyDeleteI really don't believe in joint acct seriously. It doesn't add or remove from the love u share as a couple. And if their is ever going to be a joint acct, it should basically be for the welfare of ur children. And both couples will have to sign before any withdrawal from the acct. This is to avoid unnecessary arguments and distrust. Zaeynab, Lagos
ReplyDeleteWell,nt ving a joint account,does nt mean d couple doesn't love demselves. Bt really I won't v a joint account wit my hubby,nt 4 anyting bt let each of us know hw much we v. Bt it is nt a bad idea anyway.
ReplyDeleteJoint acct? I will not want it to be brought to discussion at all Doing it will give unnecessary pressure and we will just add burden on ourselves. Burden in d sense that we struggle to keep to d rule. It is just like opening doors to sin. Where there is no law, there is no sin. If I agree to joint act then I must be faithful to it. How faithful can any man be to such? I believe openness in expenses and deliberation on issues requiring some heavy spendings .It has its merits but I think it may not bring out d best in d spouse.
ReplyDelete