I agree with that! Nearly, every typical Pakistani male think that as they are the head of the household, they are the provider of the family. Yes, thats true in most situations, but i think women should have their own independence and should hold a seperate account for themselves.
What happens if you have a joint account and God forbid divorce takes place? what happens to the financial positions and statuses (sp)? Needs for the children?
I have my own account and would keep it like that even after i get married. Its my money and i have worked for it!
Yes, my parents did the same and Islamically I think this is the correct thing to do. Any money that belongs to a woman should be hers only. A man should provide for all the basica things a household requires. My husband and I have a joint account. Even when I was working I would put my payecheck in this account and then it just didn’t feel like my money anymore. So I basically felt that OUR money is shared, we both work hard and there is no separation or keeping tabs on what goes in or out. That was an example of the trust we have, trust that extends to many areas of our marriage. Now that we have a 3yo daughter and another daughter due in April, I can’t contribute financially but family always gives me money for various reasons and i find that it always goes to groceries or bills without having to tell my husband about it.
Joint. There is no need for me not to share my account with her even if I was the only one working. Even the credit cards which were mine before marriage, she has one of each now. It's only fair and makes marriage more worthwhile sharing all the stuff all the time.
Islamically it is the husbands responsibility to provide for the wife and the family and what ever income the wife has is all for her. So I guess one shared and one separate account for her would be the way.
Salman and I have a joint checking account.. which is almost always empty.
Then there is our savings.. where he is listed but doesnt have the account number
If he knew how much money we had there, he’d constantly come up with stupid things to do with it.. all of a sudden he’ll haveeeeee to have a dvd in his car.. or havvvvvvvvvvve to have a new leather jacket or his latest… he hassssssssssss to buy me a new car because I drive the oldest in the house!!!
Men dont know how to spend.. so its okay to have seperate accounts just to keep things running smoothly..
U are so right, boys and their toys, it just never ends.
The idea of two, one for harcha and one for saving, is pretty much what i would like too, as long as they are joint.
I also think it is usually the higher earner in the household who rejects the idea of joint accounts…gives em a bit more power. Be it the man or woman.