Joint bank account...what if???

[Upandaway0987]

Your OH took 2000 pounds out of your joint bank and didn't discuss it with you would you do? Would you expect him or her to discuss it with you first?

Its definitely gone from joint to his account. Have asked him, waiting to see what he says

Where is he and how long is he away?

Everyone threshold is different. I often move money around from account to account, sometimes huge amounts go into savings accounts that are in my name only but this works for us.

You need to find out why as this appears to be an unusual and suspicious activity.

If there was £2000 in our bank account I would be stunned.

Is there enough money for the bills? I would be really suspicious.

The actual transferring wouldn't be a big deal in our house, although if it didn't turn up/DH remained secretive I'd be concerned'sonat yoyr stage I'd not be concerned.

As a couple DH and I don't really discuss joint account spending in advance (unless it's related to something where the other would have a specific interest e.g. a holiday) so if I saw a piece of furniture I liked I'd buy it out of joint account without discussion.

Having said that the only reason I'd transfer money into my own account is if a) I was having some sort of difficulty with joint account cards/access or b) I wanted to purchase something as a surprise (although more likely I'd use my own account) and I'd mention that to DH although maybe not immediately if I was away.

Just ask him. Like, now. Unless £2k isn't that much to you so it's not a huge thing?

If that happened here I'd be going berserk. £2k is more than our monthly income so it being shifted would leave us unable to pay any bills, eat, or get to work. I can see why your reaction would be different if you're not in the same position.

This is just one of several good reasons why I don't do joint accounts.

Hope it's something simple

joint is for all bills, house etc

Sensible setup - I approve :)

I can't imagine that sort of account would have "spare" £2000 in it - if he doesn't put it back on time will that account now not be able to pay the rent/mortgage on time?

It sounds like he's leaving you.

So you found out by chance? Or would he know you'd find out (eg you often check)?

It wouldn't bother me, but we move money around all the time depending on where has the best interest etc. I would use £2000 to buy shares in a company I think will rise without asking Dh.
We have own accounts and shares. Probably have roughly 25% of the money each in seperate and 50% in shared. Shared is for everything related to house and children and food.

Has he replied ?

if you have any money in the joint account left move it to your account. it might be something innocent but incase it's not you should also financially protect yourself if possible.

my oh probably wouldn't notice (as I'm in charge of managing finances, so unless he wants to buy something ridiculous he never checks the accounts) I would notice and be furious as I manage the finances and £2k would throw a right spanner in the works.

I'm not sure I'd have asked him. I'd have moved £2k for myself and wait for him to ask me why I'd moved the money....

if you have any money in the joint account left move it to your account. it might be something innocent but incase it's not you should also financially protect yourself if possible.

my oh probably wouldn't notice (as I'm in charge of managing finances, so unless he wants to buy something ridiculous he never checks the accounts) I would notice and be furious as I manage the finances and £2k would throw a right spanner in the works.

I'm not sure I'd have asked him. I'd have moved £2k for myself and wait for him to ask me why I'd moved the money....

Absolutely not OK, my dh and I have a joint account and we check with each other before making any big purchases! I would be freaking out if I were you, as £2000 would max our account and overdraft!

Do you have a birthday coming up?

Is there any chance he's gambling? Can you access his account?

Vices (gambling, prostitutes)
Surprise present (doubtful if > one month income)
Blackmail
Deposit for rent (leaving you)
Car bashed, uninsured, hiding the repair from you
Something else

Only because he knows the transfer is going to come to light, there is only one of the above which will also come to light. Just a hunch, hope I am not right.

A £2k spend in our house would he discussed, absolutely! I'd be horrified if DH spent or took that level of money without saying anything.

As others have said, it depends how much that is to you

I agree with other posters, that sort of spend should be discussed. If it were a surprise holiday or especially an engagement ring for example, I wouldn't be too happy that it was coming out of the joint account. I'd be more than happy to spend money on a holiday/car etc but would expect it, if it were coming out of joint funds, to be discussed first. £2000 is a lot of money! If he needed the money for whatever reason or vice versa, and we had it to spare, it would not be an issue but these things need to be talked about.

I don't think it is that relevant whether or not it is considered a large sum for you. My partner earns a lot more than me and has a business so moves money around a lot. He wouldn't consider £2k a lot of money - although I would - but any money in the joint account to which we both contribute - is just that, joint money. It shouldn't be being moved around without discussion whether it is £200 or £2000.

Id go batshit and want to know where it had gone quite frankly!! Away or not I couldn't hold my tongue I'd be on phone finding out

susieQ we run our joint account differently - its joint money but individually we can make decisions regarding it.

Were pretty laid back about cash though and have a reasonable "float" in the account though so there's no concern that one of us removing money would impact on something else.