Pros and Cons of Opening Some pot Banking account To Manage Your Finances as a Couple

Some of life's biggest milestones include getting married, buying a family home, and welcoming the birth of a child. Furthermore they signal deeper commitment as a couple, they also require deeper financial planning.

At such milestones, begin debating the merits of opening some pot bank account to manage your money like a couple. Actually, you may even be expected through the bank to open some pot account as part of your mortgage arrangement.

But prior to deciding to pool your monies together inside a joint account, here are a few benefits and drawbacks of opening a joint account.

In Singapore, there's two main types of joint accounts: joint-all and joint-alternate.

Joint-All: