The joint checking account was developed for couples--married ones. That's because married couples generally own most of their valuable property together. Both names are on the deed to the house, etc. Of course, many married couples keep their property separate, but this can undermine the trust required in a relationship. But what if you're not married but live together? Maybe you don't plan on ever marrying or can't get married for one reason or another?
If you're in love and live together, a joint checking account can make sense. Here's how to know getting a joint checking account makes sense. Read More »