With traditional joint accounts, two people open the account together, and then have equal legal ownership of it. The difference with Shared Spaces is that the N26 premium user who creates the space is the sole owner of the space. This means that anyone the owner invites to join is merely being given ‘Power of Attorney’ which allows them to access and/or contribute to the funds within that space.
Shared Spaces is the perfect solution for those looking for a simple, flexible and secure solution for handling a collective pool of money. N26 premium customers can save and share expenses with up to 10 people per shared space. You can do this with anyone you know and trust, and that has an N26 account—this includes partners, family members, friends, roommates and colleagues. You can also remove a participant at any time. Read more about how it works [here](https://docs.n26.com/legal/02+AT/013+Spaces/en/02spaces-shared-info-poa-en.pdf).