“A joint account would be irritating” Once upon a time opening a joint account was a milestone moment on the road to maturity, but their popularity is on the wane across younger generations
Anna lives in London with her partner. They don’t have a joint account, instead choosing to split bills as they come in Once upon a time opening a joint account was a milestone moment on the road to maturity, but their popularity is on the wane across younger generations,While 59 per cent of Baby Boomers share a joint current and savings account with their partner, only 45 per cent of couples from Generation X do so and this falls to 29 per cent for Millennial couples .
This is the case for Polly McCormack, 28, and fiancé Jono Phillips, 29, who live together in Queens Park, north London. “Jessica and I had moved in together and it felt kind of taboo to discuss our joint finances. Especially here in Sweden where we’re so afraid of conflict. Our friends were having the same problem. A few of them were saving receipts and checking them all at the end of the month or putting it all down in an Excel spread sheet.
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