Queer Money®: How Gay People Do Money

Get financially organized with the Debt Free Guys 13-Week Leap: https://debtfreeguys.com/financially-organized-leap/ Same-sex couples are far more likely to adopt or foster a child than their straight counterparts, and many of those children are dealing with physical and emotional disabilities. It is obvious that we need to plan for the unique challenges of caring for a special needs child from da...

Do you keep making the same mistakes around money? Have you tried to follow a budget, but didn’t have the willpower to stick with it long term? If so, it may be time to start exploring the unconscious beliefs that are at the root of your behavior and send a different vibration out in the world! Abundance Coach Leisa Peterson is the creator of Wealth Clinic, a platform and practice dedicated to hel...

Get more info here: www.debtfreeguys.com/147 You know the satisfaction you feel when your desk or your closet is totally organized? When you know you’re taking good care of your belongings and you have easy access to everything you might need? What if you could feel that same kind of confidence about your finances? On today’s episode of Queer Money, we’re sharing five steps to help you get financi...

This episode is brought to you by the Debt Free Guys Budget Buster Bundle, your guild to budgeting like a badass - get it here: https://debtfreeguys.com/budget-buster-bundle/ The world needs more LGBTQ entrepreneurs. But starting your own business is not easy. It takes inner strength and the desire to succeed. It means overcoming limiting beliefs and growing your enterprise one baby step at a time...

Get the Budget Buster Bundle here: https://debtfreeguys.com/budget-buster-bundle/ You might be under the impression that the terms fabulous and frugal are mutually exclusive. But in truth, frugality is not about eliminating the fun from your life. It’s about spending money on the things that matter most to you—and finding ways to do MORE with LESS. David Rae is a Certified Financial Planner and Ac...

So, you’re at the bar and someone suggests a round of shots. You know that eventually, it will be your turn to buy, and you’d rather save the money for a trip you’re planning. But how do you say no to your friends? How do you overcome the peer pressure to spend? On today’s episode of Queer Money, we’re sharing five strategies to stand up to peer pressure and save money to pursue your hopes and dre...

There is a great deal of anti-immigrant sentiment in the US right now, even among some in the queer community. But the fact is, the LGBTQ and immigrant communities have a lot in common. And if you happen to be both LGBTQ AND an immigrant, deportation back to a country where homosexuality isn’t tolerated can be a death sentence. Having the financial resources to fight for your rights is crucial for...

Get the bundle here: debtfreeguys.com/142 Is your money situation stressing you out? Maybe you’re living paycheck-to-paycheck, and you’re nervous that you couldn’t cover even a simple emergency. You know that following a budget is step one in improving your financial health, but you’re not sure where to start. Here’s the thing: You DON’T need to create a budget. That’s because we’ve done it for yo...

While the fundamentals of money are the same for all of us, our experiences, risks and concerns are all unique. In that way, queer money is different from straight money. And within the LGBT community, the degree of struggle varies. Our experience as cis, white, gay men is different from that of a transgender individual who may find it challenging to open a bank account because they don’t look lik...

5 Unique Steps to Initiate the Money Conversation with Your Spouse Initiating a conversation about money is never easy. You may even feel a certain amount of shame around your financial situation and talking about it can be incredibly uncomfortable. On the other hand, you know how important it is to be on the same money page with your partner. So, how do you broach the subject with a significant o...

Life Insurance When HIV+ with Sau El of Simply Insurance Life insurance is incredibly important. Not only does the death benefit cover funeral costs, the payout can provide long-term financial security for your loved ones. But what if you are HIV+? How challenging is it to secure a life insurance policy if you have the human immunodeficiency virus? Sau El is the Co-founder and CEO of Simply Insura...

At the end of our lives, we tend to regret the things we didn’t do, the opportunities missed, the risks we didn’t take. Yet in the day-to-day, the familiar holds us back. We stop ourselves from pursuing ‘crazy ideas’ and chase the cultural idea of what it means to be successful. But what if success is less about wealth or fame—and more about living the life you want? What if taking a leap could he...

How long have you wanted to be debt free? This is the year! The statistics are bleak: The average LGBTQ family has roughly $12K in credit card debt. We assume 17% more student loan debt than our straight peers—which translates to about $40K—and 79% of queer students have both credit card AND student loan debt prior to graduation. The financial burden of owing money also takes a toll on our mental...

Get full notes here: debtfreeguys.com/bad-with-money If someone approached you in a coffee shop and asked about your favorite sexual position, would you be willing to share? What if they wanted to know your bank balance? While most of us are open to the topic of sex, money is considered taboo. Talking about our financial situation is deemed ‘too personal,’ and most of us carry around a lot of emba...

Would you like to be debt free by 2020? If financial security is on your list of New Year’s resolutions, we’ve got nine simple moves that will help you WIN the money game in 2019. We start with the concept of a Dinero Detox, explaining how to clean out your ‘money system’ by eliminating discretionary spending for a weekend—or longer! We go on to discuss retirement savings, sharing resources to hel...

In the queer community, we still run the risk of losing a job or being denied services due to our sexual orientation or gender identity. In fact, there are 30 states where it is perfectly legal to discriminate against an individual because they identify as LGBTQ. And we know that such inequity impacts our quality of life. But have you ever stopped to consider how it might impact our financial heal...

Sometimes it's the simple changes that we make that have the biggest impact on our lives. When those changes become habits that we put into our daily or weekly lives, the impact can be dramatic. If you're looking to save some money and get ahead financially, look at the things you do every day or every week and ask, where can I make a small change that will have a bit impact? We did this with our...

What is the financial state of LGBTQ families? Are we as Queer people ready to retire? We invite Lisa Campbell and Stephen Brokaski of MassMutual on the show this week to share the data from two ground breaking studies that look at the state of LGBTQ families and the preparedness of LGBTQ retirees and pre-retirees. The data was pretty surprising, especially for a community that is often perceived...

It doesn't matter if you're gay, lesbian, bisexual, transgender or queer, it seems like the travel bug and wunderlust seems to hit us all. Did you know that the LGBTQ community spends upwards of 10% of our income, no not disposable, all income, on travel. With that much being spent, there has to be a way to curb your travel costs. We've come up with a list of 9 gay travel apps and sites that will...

November is National Adoption Awareness Month. The LGBTQ community is more likely than the general population to be adoptive parents. The costs associated with adoption can range from foster care adoptions with many of the costs being covered by the local foster care system, to infant adoption with a birth mother, which can be much more. How can you prepare? We've invited Adrienne Elliott of Adopt...

There are currently over 100,000 children in the foster care system in the United States. These are children waiting to find a forever home with a mom a dad or maybe two of each. Have you ever considered foster care as the path to creating your family? On this week's Queer Money we kick off a two-week celebration of National Adoption Month. We've invited Jillian Johnsrud of MontanaMoneyAdventures....

Love a good holiday cocktail party? I thought so. We've thrown our fair share of parties over the years, some great, some not so great. We've learned that you don't need to spend a ton of money to have a great party. If you're planning a holiday party this year and want to stay within your budget we've got some great suggestions for you. In fact we've got 7 tips that will help you keep your budget...

This week on Queer Money, we focus on explaining the questions you've asked us about credit scores. When asked, you, our listeners and readers, told us that improving your credit score was your #3 financial goal, behind eliminating credit card debt and saving for retirement. We dive into questions like: 1. What’s the easiest way to find my credit score? 2. Why is my credit score different dependin...

If you are a small business owner, the value of your business is something that can make or break your ability to stay in business, especially when it comes to getting loans. Your business valuation number will help with legacy planning and even how and who should manage your business when you're ready to take a back seat. On this episode of Queer Money we invite Tracy Shaw, AVP of Business and Ma...

June 26, 2015, brought gay marriage to the land. June 27, 2015, brought gay divorce. Sadly LGBTQ unions are not impervious to irreconcilable differences. So what is a queer person to do to protect their finances if divorce seems to be looming on the horizon? How can we prevent it from being a colossal financial nightmare? We're joined by Kayla Sloan and Shanah Bell of CashWiseExwives.com to share...