A joint bank account is offered by many banks. This is not just for married couples. It can be shared by siblings, parents and children, but also by unrelated people, e.g. friends or acquaintances. A TikTok user shared her story about having such an account.
Can you have a joint bank account? This is how two friends share money
A user of the TikTok platform with the nickname @caitlin.emiko decided to share her story with her followers. The woman works as an influencer on a daily basis. She revealed that she and her friend decided over a year ago to open a joint bank account to share all the money half and half. She also added that this way of managing the household budget fully meets their needs. – It works like this we have a joint card and a joint account, to which everything is paid. We receive money from this account into our own accounts, in a 50/50 ratio – she explained the principles of operation.
The Tiktoker explained that having a joint account also made it easier for them to split the bill whenever they spent time together. Ladies also see no problem in sharing their finances, and they feel extremely comfortable in friendship.
They share a bank account as friends. They get a lot of reactions from people
A joint bank account gives co-owners access to the funds in a given account. It works not only for couples, but also for unrelated people, such as friends. When Caitlin Emiko and her close friend explain their situation to other friends, they are usually met with shock. – Whatever I earn, she also gets, and whatever she earns, I also get and every time we tell people about it, they have so many questions and are so shocked,” she said.
Source: Gazeta
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