MeMe
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NOOOOOOOOO!!!!!!!!!!!!!!!!!!!! Are you nuts? You're not even married yet..no..no way..don't do it...you guys have a bad breakup the other wipes the other clean..no....I saw disaster as soon as I saw the title of this question...both of you open savings accounts in your own name and do it that way..it's better. |
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RUDE MOOD!
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no ching~ching without the wedding ring. |
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KTD
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BAD idea! |
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Sidney L
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NO! DO NOT DO IT!!!!!!!!!! THAT SOUNDS TERRIBLE!!!!!!! DON'T DO IT UNTILL YOU'VE BEEN MARRIED FOR 6 MONTHS!!!!!!! OKAY??????? |
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JODIE_A.
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HELLOOOO??? Bad...bad idea. Your boyfriend will withdraw every single dime and spend it all on doobies. |
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KansasStateSucks
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Not a smart move!!! Even if you are completely all over eachother don't!!! |
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Andrea
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Save your own money in individual accounts. Just makes it easier if something happens. |
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jenniferbudrus
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you had better be very very sure of this boyfriend. personally i would not. even now i have my own account and am married. i tried the sharing account thing before and got royally screwed over. never let someone have that kind of control over your finances unless you can trust them. good luck. |
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WORRIEDCHICK
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not the best idea unless you are married . even then , its and iffy idea . |
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Captain Tenneal
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Here's an idea. You save your money and he saves his money and when you're ready you just combine the two. This way if you break up, no worries. |
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theHoundDawg
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NEVER co-mingle funds like that unless you are married. It is a recipe for disaster. |
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gcason
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Bad idea.
What happens if you break up?
Save seperately, then join money together when you buy a house or something. |
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notyou311
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Huge mistake. Don't you ever watch Judge Judy? Most of her cases are based on the problems caused by unmarried couples with joint bank accounts. Have your own bank accounts. Don't intermingle your money. You will save yourselves alot of grief. |
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Momma G
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joint accounts with a boyfriend can be a good thing or a bad thing. You could have just had separate savings accounts in your own names...
Keep in mind if you ever break up (knock on wood) one person could clean out the account and there's nothing the other one can do about it - cause it's JOINT! If you want to be extra safe then put a stipulation on the account - "2 signatures needed" for withdrawls. I've seen 1 too many joint accounts gone bad! So be careful - it's your hard earned money!! |
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Rick B
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Very bad idea. You are not married. You should absolutely not mingle your money.
Have you ever watched Judge Judy?
Keep your money separate. If you are together years from now and get married, THEN you can combine the money. |
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pinkdolly02
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its not a good idea if ur not married |
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dschmidty412
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uumm, only if you are seriously thinking about marrying this person and you are both responsible with money, and won't have to worry about the other one spending it when you break up. Just in case I would keep records of what you put in. |
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Maggie Jeans
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Yes. The better idea is to keep them separate unless you are married. It is not that I am old fashioned, but I know that depending on the state you live in, the property rights to this account will vary.
If you have two accounts, then when you buy the house, you will buy as partners, both knowing how much each has contributed (like a real partnership). It is a business transaction until you are married, so keep it all business.
You won't regret my advice. |
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Jenny C
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Be sure the account in a Joint Savings Account with both signatures required for withdrawals. It is always best to be safe and avoid any future problems. Individual accounts is always better then you don't have to keep track of how much each of you puts in - just in case you need to divide it up at a later date. |
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brendakbradley
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Separate accounts...at least until you're married. With a joint account either owner can take all the money any time. Break ups do happen. |
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christa
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No, no, no!!!! Bad idea!!!!!
Just have one of you open a savings account...and deposit your extra money into that. |
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mrs_lee1
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R u married, NOT okay that's something you do when you are committed to each other why don't you and him get separate accounts put money in it from each of you and if things don't go okay you want have to worry about splitting it down the middle as to who put in the most and if it do then you don't have nothing to worry about. |
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gfyshn
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Money can be a sore spot in relationships. You should think carefully about opening a joint account, especially if you are not married. Be sure you can make a realistic savings plan. Consider speaking with a financial consultant at your bank about what type of account or investment will give you the highest interest on your deposits and consider having it direct deposited from your pay checks, so you are contributing consistently. It is usually best to deposit the same amount from both your paychecks (yours and his) if possible. |
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sunshine
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do not have a joint bank account with a boyfriend... just keep your savings account and grow your savings, you can share your progress with your boyfriend but keep money matters separate and when you do buy a house, have a disclosure agreement as to how much down payment each of you puts down, that way things will not be a hazzle if your relationship breaks down. |
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Question&Learn
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Get a savings account that requires both signatures in order to make a withdrawal. Do not allow anyone access to the savings until both people request it in writing.
Sounds like this guy may try to rip you off. No checking account together and keep good records of what goes in the savings account. Make sure both people contribute equally. In my opinion, it would be best not to do anything jointly until you have a marriage license. If he won't commit to you, you shouldn't commit your money to him. Be trusting to a limit. Don't be a sucker.
Build your own separate savings though ING Direct or TD Ameritrade. When the time comes to make a down payment for a house and you are married, you can both make withdrawals from your own accounts. TD Ameritrade and ING are offering higher interest than banks.
For you I'd suggest going though Suzie Orman's Save Yourself Plan with TD Ameritrade. The company will give you $100 if you save $50 a month for a year and keep it in for 12 months. THE BEST!
ING will give you $25 for opening an account in you name drop someone who already has an account. I have both.
Keep your money separate until you have a marriage license... a learner's permit isn't enough! |
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ッ
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One of the worst ideas on Earth. |
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thanksapantsfull
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open a savings account, or something like a CD. if you want to save the money, you have options to accounts where you can put money in, but not take it out for 5 years. |
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maxmom56
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Since either of you would be able to clean out a joint account, it's a really bad idea. Open separate accounts and save that way. |
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srb256
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no, unless you think this relationship will last a lifetime |
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cfoxwell99
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I would say a savings account, it does generate a little interest. |
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Kat
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Better to get a joint savings account then, hun. |
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