Established Contributor
Posts: 930
Registered: ‎07-30-2011
Re: called stupid for having joint account?!?!

Joint accounts can be dangerous because if something goes sour either party can empty the account without notice.  My DW and I have separate account but also a joint account that we each pay into for all shared bills.  That way, we maintain our financial independence but also take care of our shared responsibilities.

Starting Score: TU: 566
Current Score: TU: 741 (Discover FICO); EQ: 755 (MyFico) EX: 774 (FAKO)
Goal Score: 800

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