My wife and I have had a joint bank account for several years at this point. If it’s your first time doing it, it can feel like a major step in a relationship. You have to fully trust your partner to make this move and, more importantly, have common financial goals. After all, it’s meant to be used as a tool to work together toward a shared future. That said, there are plenty of risks to pooling your money together, too. Couples frequently overlook these nine common traps of opening up a joint bank account.
