Although I grew up to a broken home, it always made sense to me that since my wife and I were married, we should have a joint bank account. Am I the only one who thinks this logic makes sense? I was confronted with this question about a week ago when I mentioned to my friend Cole that the Mrs. and I had a joint account. He gave me this whole speech about how he liked his money to be his money. He also made a point on saying that his parents don’t have a joint account either.
So what do you do when you pay rent (Cole and his girlfriend live together)? Or when you go to the grocery store? He said they take turns on paying bills. Well, if they had a joint account, they wouldn’t have to take turns. But I guess different relationships have different ways of doing things.