Joint Bank Accounts - the PROs and CONs of these shared accounts
HTML-код
- Опубликовано: 2 авг 2024
- ** click here for more info **
Hey bangani thanks for tuning in 😃!
This video on JOINT BANK ACCOUNTS covers the following:
1. What is a joint bank account
2. The PROs of a joint bank account
3. The CONs of a joint bank account
4. Some considerations / safeguards for you.
⚠️ … Comment down below your answers: would you ever get a joint bank account? 👀
#JointBankAccount #AskMissK #MoneyAndRelationships
________________________________________
Subscriber count: 61 052 ✨
________________________________________
Follow me on social media:
@nokuhle_kumalo ✨
Instagram 📸: / nokuhle_kumalo
Twitter 🐦: / nokuhle_kumalo
I'm always here for the " okay cool.." by Nokuhle when she's explaining, coolest thing ever 😅🤣
I honestly feel like there are more pros than cons, for me. It would definitely save us a lot of stress. This has been so informative, sis. Thank you so much!
☺️ thank you for watching and happy that pros outweighed the cons for your perspective! If you ever choose to go into to, please do let us know how it goes 🥰!
Hayyi guys issa noo nje for me😂😂😂😂😂😂plus my partner is VERY financially savy(stingy). Mina i swipe KitKat and wings anytime 😋😋😋
😂
😂😂😂😂😂
😂😂😂 and shame there’s nothing wrong with that, live your life oe 🥂
You mean your partner is financially disciplined neh
@@IDB_Lukhele Jae
I haven't even watched but I already know that this is a no-no for me 😂😂😂I love my money and I'm stingy 🤣🤣🤣🤣
🤣 i understand you!! But you never know, maybe you could get one for travel plans with you and a friend 👀😂
Nondumiso!!!! You and me both sis, Asoze😂😂😂
Hey sis,I just found your channel by this video and I must say,you're a godsend and I already like you...your energy and cuteness is everything. ♥️♥️🌻
Thank you Miss M ♥️ much appreciated !!
Hi guy, love your content. So informative, mina I'm for Joint Account, which banks offer them?
I gotta agree when you do post its fire...literally yesterday my partner and i were discussing getting a joint account since we are now both working and we weren't sure if this option exists for non married couples. We opened 1 account and was planning to deposit money on Monday so we'll definitely opt for joint account. I really love your content.
I've developed financial consciousness compared to few years back, and I've plugged my man and colleagues...😅
Qathatha, missed you. Sengi galelekile. Haven’t watched but fosho, this is going to be good content and informative
💃🏾💃🏾💃🏾💃🏾 what’s a video without your comment ???? Uyazi nawe ♥️
Hi sister thanks for sharing this for me it's making a sense especially when we are married we both have the same roll to play in our relationship because I don't like suprises
First time on your channel, Sis you’re beautiful and I love your energy ❤!! I’m the money savvy one - my hubby’s your worst nightmare lapho 😂!
🥹🥹💕 hiiii Thobile , so glad we managed to land on your page. Hope you’re here to stay 🥰.
😂😂😂🤣 I am (just like) your hubby. Thank God we have people like you to regulate us otherwise we’d be on #IBlewIt every month!
I enjoyed this video so much. Lol especially the part about your mom.
😂😂♥️ I’m glad you enjoyed it especially that part. Always a bit skeptical about sharing personal stories because some people want the information and don’t really care about me as a person 🤣 so it’s always good to hear that some people enjoy the stories (because I do too!!!)
Next video should be on banks that offer great joint accounts
yes please
💕 I think most banks would have it so if a Google search doesn’t help, try reach out via their call centre and enquire about it.
I really enjoyed this video, thank you ☺️. Kindly please recommend banks that offer joint accounts, and is there any specific documents that are needed?.
Also please consider doing a video on how to boost and maintain a specific credit score.
I think most banks will have joint accounts - so a quick Google search might help and/or contact the bank your interested in via their call centre and they should be able to help 💕!
Thanks for the suggestion 💃🏾! I will consider it and might make a video soon. 💡
Ey uyakhula neh😊
Lol I’ll take that as a compliment 😅👍🏾 Dankie !
For me a joint for husband n wife married in community of property should be both salaries are deposited into one account and all debits run from there and savings bcoz during divorce you willl share all debts and all assets its only good to have both parties transparent about their debt and force a sense of responsibility to the one careless. From the same joint account an amount according to how you both agreed can be sent to your separate personal account (allowance) were each person can swipe for whatever they like without judgment or consultation.
Which banks in RSA have joint account options cause I know of one account with two cards but not necessarily a joint account.
Issa no for me.
I’m so bad(ish) with money so a joint account with a money disciplined person would bang actually 🤣
🤣🤣🤣 this is my chat. but I also don’t know if I want someone to “control” me when it comes to my money 🥹🤣.
Tough one.
Con number 1 : nka loma electric fence 💀
😹😹😹😹 you and me both !
Hey, I am new to your account ❤️ i’m half way through watching your video. Question got in my mind. Should we just get 2 chequing debit cards or get credit card as well ? Or just debit cards are enough. Please reply ❤️✨
I think debit cards are sufficient - because you ideally want to limit the joint spending to money you ACTUALLY have.
But again, it’s up to you and your partner to decide what will work best (also, perhaps check that both you and your partner have similar credit scores because if one person has a “bad” one, then both of you will be quoted the unfavourable (high) interest rate because the bank has to use a worst-case scenario analysis) - whereas this doesn’t really apply for debit cards.
I never knew uGama wam existed on the RUclips streets😂❤️❤️
😨😂 hello bizo! Hahaha very rare name so always exciting to meet others 😂💕
😌😌😌 let’s gooo !
I’ve been searching for a joint account and I’m only finding one from FNB, any other banks you guys know of that offer joint accounts
African bank
If all else fails you can reach out to your desired bank via their call centre and see if they don’t offer it 💡!
They might have it just haven’t marketed it enough ☺️x
I just went straight to the comments.
Haha and ? Are you saying yes to a joint account or it’s a no-go zone 😅😂?
@@nokuhlekumalo No go Zone. Once you are in it will be hard to come out.
😂😂😂 very fair point,I think I’ll also ease into it a bit more when I’m married.
@@nokuhlekumalo Two brains, one can go wild on spending or too rigid on making reasonable decisions towards their goals.
It's a whole lot... Avoid unnecessary arguments from the beginning.
Hahahha but like I mentioned in the video sometimes these accounts are for shared expenses like rent and groceries. So other items (e.g. your social events, car installments etc.) are still paid by the direct person.
I don't usually comment but wow this RUclips video got me smiling and laughing, learnt so much 😂
I’m so happy to hear that ☺️
Can a person drop out from purchasing an apartment after signing the acceptance form with an agent?
But the person you referring me to is more about crypto and trading and has nothing to do with the question I asked 🤔
You’re interacting with a fake account btw. Be careful.
To answer you: if you’ve signed an offer to purchase that is a legally binding document and is not something you can easily get out of however it’s not impossible. Just reason with the person you signed with and be patient, maybe someone else will want the property.
Please do pros and cons of buying on auction lay'Mzansi
Shap shap - this being cars or houses or just in general?
Cars, thank you Nokuhle
Okay 👌🏾
How would a joint bank account be taxed 🤔
I don’t think it would. Your bank account doesn’t get taxed does it?
It’s a different story if it’s a joint investment account - and that’s a good question 🤔 💡! Probably would apportion is based on contributions from each party , and any gains or losses would be apportioned based on contributions .
NEVER joint with your boyfriend or girlfriend... NEVER!!
NEVER joint with anyone except your child or parent... and with them, keep the purpose to co-household bills...
NOT worth the risk...
NEVER joint with your boyfriend or girlfriend... NEVER!!
NEVER joint with anyone except your child or parent... and with them, keep the purpose to co-household bills...
Not worth the risk...
NEVER joint with your boyfriend or girlfriend... NEVER!!
NEVER joint with anyone except your child or parent... and with them, keep the purpose to co-household bills...
Not worth the risk...
Been married for 7yrs and I am still of the opinion that his money is our money including the kids🤩. But my money is MY money.
Like you rightly said, love plus money can be tricky especially in a relationship which is the challenge that sometimes comes with having a joint account. Thanks for sharing🥰