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Kevin O'Leary: 'Never' Rely On A Joint Bank Account
Posted
June 21, 2018
Views
45,084
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912
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2.14%
June 21, 2018
45,084
912
52
2.14%
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1:26Now Playing"Shark Tank" investor and personal finance author Kevin O'Leary says that even married couples shouldn't only have joint checking accounts.
Even when you're in love, you need to prioritize your own financial future.
That's according to a star of ABC's "Shark Tank" and personal finance author Kevin O'Leary, who tells CNBC Make It that something as simple as a joint checking account with a romantic partner — even a husband or wife — can have long term consequences.
"You need to maintain your own financial identity," O'Leary says.
O'Leary advises each person maintain a personal checking account, then you can open one together for shared expenses like food and rent.
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Kevin O'Leary: 'Never' Rely On A Joint Bank Account | CNBC Make It.
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