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if youamp;#39;re in a relationship and trying to figure out if you should be opening up a joint account with your partner or how it even works to open up a joint account then youamp;#39;re in the right place as an individual person you likely have both a checking account and a savings account and hopefully a highin savings account now you probably have your income deposited into your checking account and you also pay your bills directly from that checking account too then your savings account is for the money that youamp;#39;re keeping either for short-term expenses or for your emergency fund thatamp;#39;s the system that works pretty easily for an individual person but what if you share expenses with someone else the most obvious example would be someone that youamp;#39;re dating but it could also be roommates or family members who split payments for something sometimes in these scenarios people may choose to open a joint bank account a joint bank account is very similar to a reg