Real estate has been one of the best wealth builders of all time. For many investing in real estate can be scary. If you've been wanting to get into real estate but just can’t make the leap you'll enjoy this week's Queer Money with Tom of The Frugal Gay. Tom shares with us 3 easy steps to take to start real estate investing and how he uses tools like Grindr as a way to find real estate that fits his investing ideals. Get the FREE 7-Step Credit Card Debt Slasher guide Get the Credit Card Debt Sla...
Mar 07, 2023•47 min•Season 1Ep. 382
Where’s the best city for gay people to live and retire? Join us as we kick off our new Queer Money bonus series on the best gay city in each state. For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money Instagram Queer Money YouTube Queer Money Twitter Queer Money on Tiktok Mentioned in this episode: Support the Queer Money podcast We love bringing you new content every week. Help us keep doing that. Click the link...
Mar 02, 2023•8 min•Season 1Ep. 381
The truth is nearly every IRA is a self-directed IRA, but the term Self-directed IRA refers to a special kind of IRA that allows for more investment options, including things like real estate and even horses. Want to know more? Find out on this week's episode. Get the FREE 7-Step Credit Card Debt Slasher guide Get the Credit Card Debt Slasher Toolbox For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Quee...
Feb 28, 2023•40 min•Season 1Ep. 380
Does race matter when it comes to having healthcare in the Queer community? That was basically a question from one of our listeners and we answer that based on data from the LGBTQ+ Money Study. Get more info/data from The Motley Fool/Debt Free Guys LGBTQ+ Money Study. For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money Instagram Queer Money YouTube Queer Money Twitter Queer Money on Tiktok Mentioned in this episo...
Feb 23, 2023•11 min•Season 1Ep. 379
Many of us walk a tightrope to not upset society or our own community. On this week's show, we confess some of our own feelings and worries and how we're trying to shed them. Get the FREE 7-Step Credit Card Debt Slasher guide Get the Credit Card Debt Slasher Toolbox For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money Instagram Queer Money YouTube Queer Money Twitter Queer Money on Tiktok Mentio...
Feb 21, 2023•28 min•Season 1Ep. 378
There are two leading wealth builders in the world today and many of us missing out on them. Here are the top investments queer people need ASAP. We share these and where we stand as a queer community with more data from the LGBTQ+ Money Study. Get more info/data from The Motley Fool/Debt Free Guys LGBTQ+ Money Study. For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money Instagram Queer Money YouTube Queer Money Tw...
Feb 16, 2023•12 min•Season 1Ep. 377
Infladating, what's that? Post-COVID and in the heart of the Great Inflation, dating’s harder than ever. That means you’ll want to hop on this new trend called infladating. This week we share with you 5 tips that will help you win. Get the FREE 7-Step Credit Card Debt Slasher guide Get the Credit Card Debt Slasher Toolbox For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money Instagram Queer Money YouTube Queer Mone...
Feb 14, 2023•21 min•Season 1Ep. 376
It’s one of the best tools for our mental health - financial security. Here’s why and how LGBTQ+ people can build a rainy day fund. Get more info/data from The Motley Fool/Debt Free Guys LGBTQ+ Money Study. For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money Instagram Queer Money YouTube Queer Money Twitter Queer Money on Tiktok Mentioned in this episode: Get the FREE Happy Gay Retirement Calculator Are you on th...
Feb 09, 2023•7 min•Season 1Ep. 375
So much of personal finance success is based on our money stories. And our money stories are written by our background, our race, our gender or sexual orientation—all the things that have nothing to do with math and everything to do with who we are. So, what if you’re a first-generation immigrant who grew up in poverty? What if you face sexism and racism on a daily basis? Can you still build wealth and get on a path to financial independence? Sunem and Israel Tovar are the first-generation Latin...
Feb 07, 2023•47 min•Season 1Ep. 374
Got credit? Got good credit? Evidently, LGBTQ+ folks are doing well when it comes to credit scores. We break it down in this week's Queer Money, along with 3 steps you can take to improve if your starting out or need to do better. Get more info/data from The Motley Fool/Debt Free Guys LGBTQ+ Money Study. For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money Instagram Queer Money YouTube Queer Money Twitter Queer Mo...
Feb 02, 2023•7 min•Season 1Ep. 373
This week on Queer Money we're answering a listener question about caring for a disabled spouse and preparing in case you pass away before them. We share tips on what tools and services you need and some things to consider when it comes to social security. Get the FREE 7-Step Credit Card Debt Slasher guide Get the Credit Card Debt Slasher Toolbox For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money Instagram Queer...
Jan 31, 2023•23 min•Season 1Ep. 372
Healthcare in America’s ugly. But a new study suggests that healthcare in the queer community may be better than we think. Data from The Motley Fool Debt Free Guys LGBTQ+ Money Study is encouraging and we discuss some of that on this bonus episode. Get more info/data from The Motley Fool/Debt Free Guys LGBTQ+ Money Study. For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money Instagram Queer Money YouTube Queer Mone...
Jan 26, 2023•6 min•Season 1Ep. 371
On this week's Queer Money, you're invited into a Debt Free Guys family discussion on whether or not we need a financial advisor. We're talking active versus passive investing and which might be better for us in our current situation. Are you using a financial advisor? Get the FREE 7-Step Credit Card Debt Slasher guide Get the Credit Card Debt Slasher Toolbox For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money In...
Jan 24, 2023•27 min•Season 1Ep. 370
When asked if they invest outside of a retirement account for The Motley Fool/Debt Free Guys LGBTQ+ Money Study, a plurality or 44% of LGBTQ+ respondents lead by transgender respondents, at 56%, said they do. Many LGBTQ+ folks don't invest because they don't know where or how to invest or don’t feel comfortable with investing. Fortunately, there are several easy places to start investing. We share them on this Queer Money bonus episode. Get more info/data from The Motley Fool/Debt Free Guys LGBT...
Jan 19, 2023•9 min•Season 1Ep. 369
Some cities are open for business to LGBTQ+ people. And some are not. But the cities that ARE tend to be more economically dynamic, innovative, attractive to high-skilled workers and have a higher quality of life. So, which cities are more open to the queer community? And which ones aren’t? George Perlov serves as Eastern Europe Programs Lead at Open for Business, a coalition of more than 35 leading global companies dedicated to LGBTQ+ inclusion around the world. On this episode of Queer Money, ...
Jan 17, 2023•47 min•Season 1Ep. 368
Some studies are showing that the LGBTQ income gap is closing, but is this really true? Why might some research suggest this? Listen and find out. We dive into some very interesting U.S. Census data that may point to why this appears to be the case and what we can do with this info as queer folks. Get more info/data from The Motley Fool/Debt Free Guys LGBTQ+ Money Study. For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Qu...
Jan 12, 2023•6 min•Season 1Ep. 367
Why do we do the same things and expect different results? Turns out humans are bad at predicting happiness for themselves. That's the conclusion from Dr. Randy Paterson, author of How to Be Miserable: 40 Strategies You Already Use. Dr. Paterson joins us this week to discuss how this may be having an impact on our finances and how we might be able to change it. Get the FREE 7-Step Credit Card Debt Slasher guide Get the Credit Card Debt Slasher Toolbox For the resources and to connect with our gu...
Jan 10, 2023•52 min•Season 1Ep. 366
Do you know the one thing LGBTQ people won’t talk about? Politics? Religion? Sex? Uh, no, no and definitely NO! What is it? Their income. We're not part of the salary transparency conversation, evidently. So we're talking about why that might be the case on this Queer Money bonus episode. Get more info/data from The Motley Fool/Debt Free Guys LGBTQ+ Money Study. For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money...
Jan 05, 2023•6 min•Season 1Ep. 365
On this episode of Queer Money, we explain how to retire in 10 years or less, challenging you to get clear on what you want retirement to look like and map out the resources you need to make it happen. We discuss the benefit of investing for growth, maximizing your contributions to retirement savings, and consolidating accounts from previous employers in the years leading up to retirement. Listen in for insight on paying off unnecessary debt before you retire and learn what steps to take NOW to ...
Jan 03, 2023•31 min•Season 1Ep. 364
When it comes to money, what are you most concerned with? Inflation or outliving your money? Here’s what most LGBTQ folks are focused on financially. We shared on last week’s bonus episode that the queer community is stressed about its finances. So, we dug deeper into the data from The Motley Fool/Debt Free Guys LGBTQ+ Money Study to figure out what the community’s most focused on when it comes to our money and were sharing that along with 3 solutions to help on this week's episode. Get more inf...
Dec 29, 2022•5 min•Season 1Ep. 363
Talking about money with your partner is tough enough. Now, imagine having that conversation on national television! Hannah & Juliette are a lesbian couple from Philadelphia who appear on Opportunity Knock$, a PBS show where money coaches Jean Chatzky, Patrice Washington and Louis Barajas help families overcome their financial challenges and build better lives. On this episode of Queer Money ®, Hannah & Juliette join us to share their experience on Opportunity Knock$ and explain what they learne...
Dec 27, 2022•52 min•Season 1Ep. 362
The queer community has a lot to be concerned with, not least of which is our money. Find out the major stress of LGBTQ people on today’s Queer Money. On this bonus episode, we're breaking down and providing some solutions to one of the biggest stressors for folks in the LGBTQ+ community. Get more info/data from The Motley Fool/Debt Free Guys LGBTQ+ Money Study. For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money...
Dec 22, 2022•7 min•Season 1Ep. 361
Dr. Billy Hensley is President and CEO of NEFE, a nonprofit committed to advancing effective financial education and promoting financial well-being. On this episode of Queer Money®, Dr. Hensley joins us to discuss NEFE’s 2022 LGBTQIA+ Experiences with Financial Education and Services Survey and share some of his key takeaways from the study. Dr. Hensley offers insight on what financial services can do to better serve the queer community, explaining why it’s crucial to tell the story of the LGBTQ...
Dec 20, 2022•41 min•Season 1Ep. 360
There are some things you want to get right. That’s why we’re answering a common question today, “how should my partner and I split our finances? It's a common question we get and there's data from the Motley Fool/Debt Free Guys LGBTQ+ Money study that highlights what we are doing as a community. Get more info/data from The Motley Fool/Debt Free Guys LGBTQ+ Money Study. For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Que...
Dec 15, 2022•6 min•Season 1Ep. 359
Yes, the holidays are a wonderful time of year, bringing people together to celebrate and reflect. But they can also be a challenging time in our financial lives, tempting us to spend money unconsciously. So, what can you do to maintain your financial well-being in this season of spending? On this episode of Queer Money, Jen DeLoyd, Head of Checking and Consumer Insights at Capital One, joins us to discuss what it means to spend responsibly and describe how spending habits impact financial well-...
Dec 13, 2022•35 min•Season 1Ep. 358
The Motley Fool/Debt Free Guys LGBTQ+ Money Study definitely brought to light things that queer folks are doing well and need to improve on. We've been surprised at how the 702 transgender respondents to the survey are doing. On this Queer Money bonus episode, we're sharing 5 things that the study shows transgender folks are doing well and that the rest of us can learn from. Get more info/data from The Motley Fool/Debt Free Guys LGBTQ+ Money Study. For the resources and to connect with our guest...
Dec 08, 2022•6 min•Season 1Ep. 357
When we want to make a change in our lives, whether it's a financial goal or a personal one, we often get scared as to what other people are going to think. We’re nervous about what our friends and family might say. And we worry that sharing might disrupt the relationship we have with those people. But there are ways to beak the news of your money goals to the people you care about without losing those relationships! On this episode of Queer Money ®, we share the 9 steps we took to share our fin...
Dec 06, 2022•21 min•Season 1Ep. 356
Feeling financial anxiety about the holiday season and next year? We get it. We feel the same way from too sometimes. So, today we're sharing one of our favorite tips to manage the holidays and plan for 2023. Get the FREE 7-Step Credit Card Debt Slasher guide Get the Credit Card Debt Slasher Toolbox For the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us: Queer Money Instagram Queer Money YouTube Queer Money Twitter Queer Money F...
Dec 01, 2022•10 min•Season 1Ep. 355
Finance for folks in the service industry’s unique and no one’s talking about it, until now. On this Queer Money we chat with Barbara Sloan of Tipped Finance about how to invest as a service industry professional. Barbara shares her story and experience working a variety of jobs in the service industry, earning most of her income from tips, in jobs like bartender, wait staff, stripper, and more and how she was able to live and create financial independence doing it. Barbara takes a unique point ...
Nov 29, 2022•53 min•Season 1Ep. 354
We have much more progress to make, but the recent news about transgender wages is inspiring. It may not feel like it, but not all financial stats about the queer community are negative. In fact, several data points in The Motley Fool/Debt Free Guys LGBTQ+ Money Study are quite positive, including data on the average income of transgender Americans. On this week's bonus show we share that stat as well as some reasons why this may be happening and how the rest of the community can learn from it. ...
Nov 24, 2022•5 min•Season 1Ep. 353