On the happiest day of his life, Heartland Boy heard this,
“Your money is my money. My money is my money.”
Heartland Girl conscientiously slipped this into her marriage vow. Heartland Boy was momentarily stunned. Why she never warned Heartland Boy earlier? Did she just add a new chapter into her protocol of a Singaporean marriage?
For they say that a happy wife is a happy life, Heartland Boy dutifully established a joint bank account and dumped all his savings into it. To be fair, Heartland Girl’s proposition does have its merits. It just needed some fine tuning and a huge adjustment of expectations. Indeed, it is important for married couple to have joint bank account.
1. A Joint Bank Account Promotes Communication
Having a joint bank account immediately opens the lines of communication on financial topics between the married …