5 things to consider before opening a joint bank account

When the word “us” is introduced into any relationship, you know things are getting serious. What we don’t realise is that “us” isn’t really that big of a deal. It only becomes a big deal when you begin making shared purchases like a holiday, a pet, or when you move into together. Long term things, when your spending and plans become so intertwined it starts getting awkward to ask whether it’s your turn or theirs to pay for dinner. Soon, a joint bank account starts to sound like a great thing.

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The Money Barre Pty Ltd, as a representative of InterPrac Financial Planning Pty Ltd, does not provide taxation services or act as tax agent. This website contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider you financial situation and needs before making any decisions based on this information.