These 5 LGBTQ+ specific financial tips could change your life for the better
not living in an ABBA song and we’ve got to figure out our finances on our own.Moreover, the LGBTQ+ community often faces unique challenges in banking, budgeting, and planning a financial future.
Subscribe to our newsletter for a refreshing cocktail (or mocktail) of LGBTQ+ entertainment and pop culture, served up with a side of eye-candy.According to LGBTQ+ Financial Landscapes, a research study from U.S.
Bank, LGBTQ+ people typically achieve financial independence at a younger age, especially those in communities of color. And with the freedom to live by our own rules, we tend to discuss our financial aspirations 30% more often than our straight counterparts.That being said, achieving goals like homeownership, family planning, or gender-affirming care comes with obstacles.
Per the report, 52% of LGBTQ+ people had a difficult time getting a mortgage with a higher credit score, 90% of gay adults used credit cards to finance building a family, and more than half of all queer respondents indicated “extreme or moderate stress due to medical care access.”Thankfully, U.S.
