Queer Money®: How Gay People Do Money

Building good money habits is key in improving your personal finances. But what if you don’t have access to the same resources as everyone else? What if you can’t get a mortgage to buy a home? Or you make less than your colleagues at work despite having the same qualifications? No doubt, institutional racism impacts the ability for Black Americans and other minority populations to build wealth and...

Frustrated that you’re not getting any closer to achieving your hopes and dreams? It’s not you, it’s your goals. Getting on the path to the life you want starts with setting attainable goals and then taking those small steps forward. But how do you go from WISHING for a better life to actually LIVING it? On this episode of Queer Money, we’re sharing our top 7 tips for setting attainable goals. We...

Do you have a unique perspective on gay culture? Would you like to share your experiences with a community online? For Jacob Michael , creating a YouTube channel is about having a voice, and he uses the platform to share his take on issues in the LGBTQ community that no one else is talking about. Jacob Michael is a popular gay YouTube star and social media influencer with nearly 22K subscribers an...

Raise your hand if you want to be happy, healthy and rich! You CAN change for the better, and it starts with making simple changes in your daily life. So, what habits do you need to practice each day to reduce stress, feel better and get on the road to financial independence? On this episode of Queer Money, we’re discussing 10 habits that will make you happier, healthier and wealthier. We begin by...

💸 Are you using your pink dollars for the highest good? If you want to help build a strong LGBTQ community with the resources to push for progress, there are several things you can do to make that happen. On this episode of Queer Money, we’re sharing strategies to help you get more value from your pink dollars. We begin with a challenge to spend more of your money within the queer community, shar...

A bad credit score can cost you hundreds of thousands of dollars over the course of your lifetime. In fact, when the two of us were carrying $51K in credit card debt, we were spending $10K per year in credit card interest alone. So, how much is your credit score costing you? On this episode of Queer Money, we’re uncovering the shocking truth about how much your debt is really costing you. We begin...

The Supreme Court made history on Monday, June 15, 2020, ruling that the Civil Rights Act of 1964 applies to discrimination based on sexual orientation and gender identity. What does the decision mean for the LGBTQ community? And what steps can we take to make sure our employers follow the law? On this episode of Queer Money, we’re discussing the Supreme Court’s recent ruling protecting LGBTQ work...

Full show notes and our favorite secured cards here: https://debtfreeguys.com/secured-credit-cards-bad-credit/ Let’s say you’re paying off a significant amount of credit card debt with the help of a debt settlement company, and you’re looking for ways to improve your credit score. Is it a good idea to apply for a secured credit card? On this episode of Queer Money, we’re explaining how secured cre...

When the Coronavirus triggered a stock market crash, a lot of investors panicked. Others saw the dip as an opportunity to buy. So, what if you want to invest, but you don’t want to live on an emotional roller coaster? Is there an approach to investing that lends to calm, even when markets are volatile? Stephanie and Gillian are the Canadian expat couple behind Our Freedom Years , a blog that follo...

We’re so excited, and we just can’t hide it! Our signature system for paying off credit card debt has its own dedicated site at DebtLasso.com . So, what inspired us to build a platform separate from Debt Free Guys? And what will you find on the new site? On this episode of Queer Money, we’re announcing the launch of DebtLasso.com, explaining how our recent appearance on Good Morning America accele...

We could all use a Pride Parade right about now, but 2020 is just not cooperating. So, what can we do to make this June as much fun as those past? How can we show our pride and celebrate the LGBTQ community wherever we are? On this episode of Queer Money, we’re sharing nine fabulous ideas for celebrating Pride at home. We challenge you to connect with friends virtually and offer our best ideas for...

It’s hard enough to get two people on the same page when it comes to money. So, what do you do when there are three or more people involved? What’s the best approach to money management for those of us in polyamorous relationships? Michelle Waymire is the fiduciary financial advisor behind Young & Scrappy , a platform that offers financial coaching, financial planning and business coaching to youn...

A member of our Credit Card Pay Off Course and Queer Money Facebook Group forwarded us the recent CNN article, “New Threat to the Economy: Americans Are Saving Like It’s the 1980’s.” Can saving really be a threat to the economy? Just how much does our economy depend on consumer spending and credit card debt? And in light of the Coronavirus shutdown, should you be saving or spending money right now...

With most traditional date night activities off the table, you and your partner may be struggling to find things to do together beyond ‘Netflix and chill.’ What can you do to keep your relationship strong and create new shared memories, whether you’re sheltering in place together or apart? On this episode of Queer Money, we’re sharing our best quarantine date ideas for you and your partner. We cha...

If being quarantined at home has you going a little (or A LOT) stir crazy, you are not alone. We’ve all been forced to adjust to new circumstances to limit the spread of COVID-19. But there are things you can do to protect your mental health and hang onto your joy despite the current limitations. On this episode of Queer Money, we’re walking you through the nine things we’re doing to stay sane dur...

Are you using your personal checking account for your side hustle? If you’re just starting a microbusiness, it may seem like it’s not that big of a deal to comingle your money. But Manny Cosme contends that whether you run a small Etsy store or you’re building the next big Fortune 500 company, it’s important to keep your business and personal finances separate. Manny is the President and CEO of CF...

We know that it’s a good idea to have multiple streams of income. And starting your own business is an obvious way to bring in additional revenue and enjoy a little extra security—especially in uncertain times. But there are real challenges associated with managing a side hustle. So, how do you know if entrepreneurship is the right move for you? On this episode of Queer Money, we’re addressing Jus...

If you have a strong interest in managing your own money, you may not need the advice of a financial advisor. But if you are new to investing or need specific help in planning for the future, you may want to seek out a professional opinion. So, what are the different types of financial advisors you have to choose from? And how do you pick the one that’s the best fit for you? On this episode of pod...

This episode is a bonus Queer Money to help you during this difficult time. COVID-19 is impacting all of us in many ways. We want to help reduce that impact on your finances as much as possible.  Get the free checklist here: https://debtfreeguys.com/bonus3 Mentioned in this episode: Portugal is calling. Will you answer? Don't just dream of moving to Portugal, make it happen with the investments in...

You wouldn’t road trip from New York to LA without a map of some kind, right? And yet, most of us treat our financial lives this way, hoping that we’ll make it to where we want to go without a plan of any kind. So, what does long-term financial planning look like? On this episode of Queer Money, we’re addressing a listener question (thanks, Alyssa!) around creating a long-term financial plan. We i...

The order to stay at home to prevent the spread of COVID-19 has changed life as we know it. In addition to the fears around our physical health, many of us are out of work and nervous about our financial health too. So, what can we do to get through this very difficult time? On this episode of Queer Money, I’m discussing the challenges many of us are facing in light of the Coronavirus pandemic, de...

This episode is a bonus Queer Money to help you during this difficult time. COVID-19 is impacting all of us in many ways. We want to help reduce that impact on your finances as much as possible.  Get the free checklist here: https://debtfreeguys.com/bonus2 Mentioned in this episode: What if your portfolio came with a visa and passport? That’s exactly what the Optimize Portugal Golden Opportunities...

We simply can’t predict what life will throw at us. But we do have options when unexpected expenses arise. Listener Rob is a young homeowner who needs to repair his retaining wall but doesn’t have access to a home equity line of credit. So, what should he do? On this episode of Queer Money, we’re discussing what to do if you’re faced with an unexpected expense. We explain the difference between an...

This episode is a bonus Queer Money to help you during this difficult time. COVID-19 is impacting all of us in many ways. We want to help reduce that impact on your finances as much as possible.  Get the free checklist here: https://debtfreeguys.com/bonus1 Mentioned in this episode: What if your portfolio came with a visa and passport? That’s exactly what the Optimize Portugal Golden Opportunities...

As part of the queer community, we were BORN to deviate from the norm. So, why do we feel pressure to conform to societal values when it comes to spending? Members of the FI/RE community are non-conformists around money, optimizing their finances to achieve financial independence, retire early and enjoy the freedom of doing exactly what they want with their time. Curious how YOU can be a part of t...