concept   bank account
culture   India
statement   In India, it is common for multiple family members to share a single bank account for collective financial management.
6 similar statements
# Concept Culture Statement Freq.
1 account India An account is often associated with social relationships and may involve tracing favors or obligations within social circles. 1
2 account India Having multiple bank accounts may be seen as unnecessary and complicated in managing finances. 1
3 account India It is common for individuals to have multiple bank accounts in order to manage different financial aspects separately 1
4 bank account India Often associated with savings for big expenses or emergencies, less commonly used for daily transactions 1
5 bank account ownership India It is common for a family to have a single bank account shared by multiple members for collective financial management 1
6 bank statement India Bank statements are not commonly used by individuals, and cash transactions are more prevalent in daily life. 1