I am new here
Nak tanya, what are the pros and cons of unmarried couples opening up a joint savings account?

My boyfriend and I are thinking of opening up a joint savings account together. We've been together for 4yrs plus now. So thought that we better do some saving up so that we'd have the cash for our engagement/wedding and all. We've thought of opening separate accounts all together but we contribute the same amt together like what/how we'd do with a joint account. Should we want to 'check' on each other's erms diligence in saving up we can just ask one another for the passbook or something. But the thought that we've gone thru so far and both have a common goal, y bother with the checking and all when we can do so on our own with a joint account.

Plus it'll mean something that we've come this far and something or some kinda bond we have by having this joint account. Sounds weird for some but...

Well, I'm asking this question because I get mixed reaction frm ppl when posed the qns. But none really explain why. I'm perplexed. Can someone wise out there share your opinion?

"What might not work with others, might work for you," some friends advice but what are the complications that could derive frm all these? Since a joint account would need both party to be present to do both a withdrawal or whatever not decision.

Would really appreciate some wise sound advice.

Rgds,
Pre3

To me, its all up to individual. To each his own. I ever done the same thing. Opened up joint account but sadly, our relationships doesnt last that long. So immediately, I withdraw all my money out.

I understand what you mean by people have mix reactions when talking abt this. The answer will be the same, what if you broke up with him. But i always think positive. This is GOD's will.

You go gal....

hello miss3,

thank you for your advice. coz the niat to open up the account is for our future. some ppl pantang and all....but really?

actually, i pun dun really care so much la but tak nak nanti betul2 jadi perkara yg tak di ingini yikes!

i've checked with banks they have the alternate joint a/c n both be present kinda joint a/c. tot of opting the latter coz if benda yg tak baik terjadi, dua2 have to buat muka tebal n be present to draw the $$ out. but to go thru all that hassle kan lebih baik, insya'Allah, work on the r'ship instead dengan tujuan untuk buat ibadah dng membina masjid...cewah...hehe....

rgds,
pre3

ps our nickname dua2 end with '3'....hehehe....