Reply to Ladies, do you have your own 'emergency' account?

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[quote=Anonymous]It's totally okay for a man to have his own account, too. 
The idea is that each person would have money that is her own in case the spouse sweeps the joint account.  Traditionally, the man made the money and took care of the finances so a woman's own account was her safety net.

Nowadays, most women (at least those on DCUM) are not less educated, financially illiterate, or non-working so it's not as big of an issue to have a separate account in their name only as it was in another era. But some women still do or should if they are in a relationship where the man is controlling, takes care of the finances, doesn't allow the woman to work, etc.  This would be a woman's escape plan. Yes, it can be the reverse gender, but it's generally not.

I think this issue is a bit different than people who combine their finances and each also have their own "blow" account to spend as they please.

As for the person who asked shouldn't everyone have a prenup if they don't know where the marriage will go?  Often a prenup is for money that each brings to the marriage.  Also, drawing up one can be quite costly.  Having your own bank account is usually free and a potentially good backup plan.[/quote]

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