” Too many people spend money they earned..to buy things they don’t want..to impress people that they don’t like.” - Will Rogers…
Life will try to whine you and play games with your mental health but NO PANIC, men mount🫡. Financial stability is one of the greatest goals of every man in life; a state and position where one can afford and get anything they need and want without so much stress and difficulty, only with the lifting of a finger everything one need is made readily available and accessible, that’s the definition of financial stability every man wants to achieve…
To be happy as a couple, there are lot of things to consider and also learn before happiness can be guaranteed. Love is not the only thing needed to make a couple happy, I have seen many people argue that love is everything needed for a couple to be happy for life, the question is; can love put food on the table or can love settle bills?, the answer is No…
This is where financial stability comes in, to be a happy couple, one needs to be financially stable, that aside, moving on into the aspect of couples using join account to monitor their finances, I don’t think having a joint account with your partner is much of a big deal, it’s not totally a bad idea but it also depends on the people involved…
Couples don’t just wake up one day and decide to use joint account with their partner, suggesting such thing is one thing and implementing it is another thing. Trust, love, understanding and communication are some of the factors needed before a joint account plan can be established. If a relationship lacks all this factors then implementing a join account in that ship is never going to end well…
In the presence of the above listed factors, I believe the implementation of a joint account in that ship won’t damage the relationship but would rather strengthen it, as long as funds isn’t spent on irrelevant things, then happiness is sure…
There is no doubt about the fact that join account has indeed done more harm to couples than good, lack of understanding one’s partner is the reason for such turnout. Joint account is not a child’s play, it is a very serious matter, if there is no understanding between the involved parties, there will be misunderstanding between them…
If you know your partner to be a lavish spender, one who spends on both relevant and irrelevant things, then a joint account shouldn’t be established in that relationship, but for partners who are always cautious of their spendings and always have a budget to spend, I think a joint account won’t have any negative impact…
Couples having a joint account is not always a good option, it can sometimes end badly, especially when one of the involved couples is the best definition of a squanderer…
If there’s one thing i have observed in all of my years on earth, it is rare for a man to suggest having a joint account with their partner, i am talking about a working class man. It’s very rare, joint account might be good enough if the two individuals are working and earning quite well, but if it’s one sided hustle, then joint account will be their doom…
Joint account is not a problem if the couples are working and earning well, but in all form of honesty, I’d never suggest a joint account with my partner for many reasons, I believe it’s best to have a different account, this way there will be peace and stability in the house. Imagine having an egotistic partner who doesn’t like joint decision making, how would such person handle a case of having joint account, his ego will never allow him to go to his wife and let her know of his need for money…
In summary, I think a joint account between couples is not good enough, and that is because there will be problems sooner or later, so to prevent unhealthy behaviors in the future, it’s better to not have a joint account. Let each and everyone of them have a separate account and spend their hard earned money their way, as long as one party is not affected, it’s better than daily problems arising here and there…
In conclusion, a joint account is a dangerous choice, though it’s not always but statistics has made it known that it has done more harm than good to couples and their relationship, so it’s better to avoid it at all cost…
THANKS FOR READING…