 lovely people, well and finished. The only place so we get to finish and finish Martyrs. I am your host SK Gitonga. Thank you for joining. Today, we're talking about relationships and finance. We want to find out how do you handle your finances when you're no longer alone, but you have your better half by your side. Keep us engaged in the comments section at Y254 and finished. Let's talk Martyrs concerning money. We have people who save their money in the banks. Some of them prefer to have them in their sackers and my first question of today is would you rather have a joint saving account with your partner? Let me know what you think in the comment section. I would if it comes to say we have kids or we're trying to like say plan a trust fund for the kids because I think it's always okay in such a world whereby we have inflation happening every day. It's nice to plan ahead you know. I think it's better to call it a trust fund than a savings because I think when it's a trust fund you can save some because you have less taxes or even no taxes so I think yes it's not a bad thing. In a world where women are being empowered as much as the boy child is being disempowered is that is even a word or other descriptive term I think it's not a bad thing you know it's not a bad thing we both win anyway you know like in you have to have a kid with that person set in a trust fund. Yes I would because I believe that a joint account is something that when we open all of us will be signatories and it will help us a bit have some financial discipline so that every month at least we put something there and after some period of time we can we can withdraw the amount and invest it somewhere where we have all agreed if we don't agree we can withdraw the cash and share equally amongst ourselves according to how we contributed. No, no I will not. I believe I don't think it would work because and these are my savings and I want to use them how I want them how I want to use them because we have to share sharing is their problem. It depends which partner there is a partner as a wife there is a partner as a friend there is a partner as a spouse so as a wife of course yes I can yes I can because I trust and she trusts me back. I think it's good to have to know where both of you stand with the person I think it's essential to make a budget. That really depends on the kind of relationship that we have because well if you're dating a casual let me use casual because it's sort of a dating where you kind of don't have like a future really or a vision plan for you you know for both of you like you've not really discovered that you know you want to spend your life with these persons and like that then personally if you're not like sure that you know you you know we're going for like a long a really long term kind of thing like maybe more than I or something then if you're not doing that then I don't think I'd do so well you can put in monies together to kind of do small projects around there but then a joint account I think it's kind of an overreach because well if you guys break up then the split of that money then that's where you know trouble comes in yes I would because if we're intending to be in a relationship you're supposed to help each other grow and when we open that joint savings account I'm so sure that we're going to be growing together yeah maybe because I have to trace the person first the background of that person name Joe Visuri because you can join then the relationship in a hit in a perfect then so at times before to fengui we say to measure one yeah wow to be honest no I don't think I trust my partner like that much at the moment but I feel like when it comes to partnership and money and savings account and anything to just do with like funds you probably do it when you're married and not just like dating yeah joint savings account well it depends with how with extension of the relationship because people are different with different personalities so you don't just judge at the first site that this person is this way this way you ought to be with them for a couple of days not days for a long time before you could conclude that these people are this way this way and even after concluding that you know them I think joint account cannot work only marriage that's why it can work but join marry joint account people who are just starting a relationship that can't work for me it can't work that's my opinion I let me see you know it's risky because like life is unpredictable so you don't know if you're probably gonna end up together and yeah by just the virtue of that risk alone I would yes open you know for the guest your part of it but I'll also have other savings besides this joint account with her for me no why sometimes I feel we take the role of husbands and wife before we are there so saying that you take a joint account because you already married that should be like you manage finance together but come up to the dates like it's fine I know what you are and it's fine I know what I am but because at the same time we need space and at the same time we need to be together so I'm going to joint account I'm opening together we're doing this together then to shut take role your husband and wife and if probably things don't work together it's a very big heartbreak and a lot of new shape it is a little bit to avoid my parents so for me I think gents account because you have you been a boy because you don't need to give it up and at this moment like you come to a country okay no I would not allow a joint saving account with my partner because I need the liberty to use my money my had and money the way that I want to use it another thing is I also want to evaluate if I'm actually growing or not and that is actually hard to do if we have like a joint account unless we are working on a Mitchell project together I would not advise that on to our next question do you think the partner that actually adds more than the other should be left to cater for most of the bills let me know let me know what you think yes and no why yes because probably if my partner and I and more and he knows how to manage money more and I must spend I would rather give him the money because I know he would think better than I would think and even on the other side to be know because he knows I can and more and I mean unless but I'm the one who's thinking more on investments more on savings and he wants to he's thinking on other things so I think the one who should handle accounts need the one who is more suitable for at the same time we can also decide to be accountable to each other what are we doing with our money what are we doing with it to not have to save then I'm accountable to you and you are accountable to me and so it has said you have more you have less whatever we have we're working together as one people so I think it could be a yes depending on if one one is a spending the other one is a saver or it could be a no because it also helps in accountability to has a group of water not really you see a partner should be 50-50 I think it could be a partner in a firm not a 50-50 but a money should be 50-50 exact so it needs to be a semi-wife one hundred thousand men a hundred and twenty five thousand so we should all put everything on the table to do a PSA to know for me a person getting it to know for me a lot of life moves on so I put on a go on a rent shopping it's not fair it's like you're being punished for being more richer than the other partner okay what you can say is that they can just you know give equal contribution but in the event they feel like they can go the extra length of giving more contribution to the joint account it's all alright but it shouldn't be like you know cast down on stone that it should be higher amount than the other partner because you're earning more yeah I mean the reason why it's a partnership is because you're coming in as equal partners it's not like you're coming in as an investor I think the breadwinner is the man earning more I don't think on provision because that role we call already defined yeah that role is already defined somebody might be earning more but he or she is not responsible enough to manage the finances so I think I'll go for the most responsible one in the relationship should manage the finances not necessarily you earning more than me or me earning more than you are not really in fact in my self I believe that in a family man is the head of the family so however much the wife is earning the husband is the head of the family and should take the most should take the responsibility of things like rent and maybe some bills like like electricity bill water bills and such stuff and the wife should come in issues to do with the food and shopping all the stuff because these are a collaboration it's like you're coming in the tour of you are coming in terms it's like whatever brought you together I believe you came in terms you agreed that this is our goal it's like a goal or like a mandate or maybe something you set up together to to chase her so whenever you're working together as a team then it needs cooperation and efforts from both sides you know I think they should they should come to an agreement but what I think is half-half is better no it's a common bias for your family we need to at least balance because to kiss him that person will feel superior to that family and attack on a kiburi like for instance I know myself actually I think that's a disadvantage to one party also I think that's a disadvantage to one party I think that's a disadvantage to one party that would be disadvantageous to one party also I think I think if we're empowering the girl child she should also because I know it's the girl child who maybe is earning more or less the boy child is always a provider the man is always a provider naturally all this empowerment stuff came with the modernization of our culture so I think we should cater say if I own a house and I'm with a woman and she's earning even if it's earning less than me I mean she can buy something she can buy the cooking oil you know she can buy the you know some little things so I think it's always nice to hold on to one another as much as I know and a man's money is for both of them so yeah I think both of them should cater okay to be honest kinda yes for me I feel like it's supposed to be more of us doing it both but if it's the man that's getting more then of course the man is the provider so probably he should provide but if it's me getting more I wouldn't also mind sharing but also for him to have like this provider mindset which makes him more like want to earn more and hard working more so that we all bring it together and then it's like boom financially stable well not really because that would be kind of putting a burden on person well there's a calculation that says if you earn more than one person then the contribution should be 60% to 40% 60% for the one who earns more 40% for the one who earns less that kind of brings a balance because both sides will feel you know I'm contributing or contributing and as much as these are kind of a range it's much better than you know when somebody is just like you know one partner is kind of taking the whole burden to kind of provide for everything at some point you know the person you think you know I'm being used to something you know maybe the other partner depending whether it's the man or the woman they might even get lazy or something like that in my opinion a man should be the sole provider of the house regardless of who earns more and in a case whereby the woman is the one who earns more I would not support her taking care of the bills because some of you may have tendencies of changing the restaurant on the wallet patterns and honestly I am not Bob the builder I'm not building you for the next woman let's take a short break we'll be back with two more questions