If you are/were married, would you have a joint bank account, a separate account, or one joint with a small part of your money in it and a separate account your spouse didn't have access to with most of your money?

Something I've noticed about marriages, people may lay down their lives for their spouse, but not their life savings. If I was married I would have the two accounts.

Well, we are not married, but we have been together for almost 15 years. And even if we got married tomorrow, I don't know that I could get a joint account. We split all the bills and what's his is his, what's mine is mine.

We do talk about getting a joint savings, and actually have been a lot more lately, but I just don't know if I can do that. I should because it would be way out of my comfort zone and be a sign of solidarity.

RedBedroom wrote:

Well, we are not married, but we have been together for almost 15 years. And even if we got married tomorrow, I don't know that I could get a joint account. We split all the bills and what's his is his, what's mine is mine....

Have you made arrangements for survivorship? If you die, who has access to close your bank accounts and retrieve any money in it. That is the advantage of a joint account - keeping the bank from sitting on a dead account at pure profit.

Even when my wife and I separated and got our own separate bank accounts I put mine 'In Trust For' her, meaning she would inherit my accounts if I died. When she died I changed the ITF to my stepdaughter.

I sometimes wonder how much banks make on dead accounts that are never closed. I also wonder how much the travelers check companies make when a plane crashes and all those checks likely are not redeemed.

Both accounts (such as they are lol) are joint accounts.

Always has been joint everything. I don't drive but even the car is in both our names.The only thing that isn't joint are the RRSP's and that is because we can't have them joint and it helps for tax purposes as well. In the case of the RRSP's we are each others beneficiaries.

All our accounts have always been joint. I've got a few bucks squirreled away in an "Alan getting into trouble" fund but otherwise it's "our" money.

We would each have our own separate accounts and then a joint account that we would contribute regularly to that would be used solely for paying the bills.

If I have trust and faith in my partner then its joint.

My wife and I keep saying that we're going to create a joint account one of these days, but…

Separate. I got burned in my first marriage because money spilled through his fingers like water.