3 reasons why queers are bad with money

3 reasons why queers are bad with money

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Here’s one reason you might be bad with money

If you were asked your favorite sexual position in a coffee shop, would you answer? How are your finances? While most people talk about sex, money is a taboo. This is how queers handle money badly. Get better at managing money by starting to become debt free 7-Step Credit Card Debt Reduction Here.

I’m not very good with money

Talking about our financial situation is “too personal” and most of us are very embarrassed about our financial situation. So why do we talk about sex rather than money? Why do so many of us continue to struggle with money despite all the advice available? Why are we so ashamed of being bad with money? Why do we have so much credit card debt?

Gaby Dunn is the author, actress and New York Times Best-selling author behind the YouTube comedy channel Just Between Us, the novel, I hate everyone but you, and the nationally recognized podcast “Bad With Money,” a financial show for “the rest of us.”.‘ Gaby brings a queer, feminist point of view to the money discussion, and her new book, Bad with Money: The Imperfect Art of Getting a Grip on Your Financesexamines our inability to talk honestly about money and offers practical advice on personal finance, such as: B. how to choose an insurance plan, buy a car, or take out a student loan.

Gaby joins us to share her experiences of becoming famous online and discuss the assumption that YouTubers make a lot of money and the demonetization of LGBTQ content. She explains the motivation behind her podcast and book, offering insight into why people are put off by traditional financial advice and the stigma associated with talking about money. Gaby also describes the systemic issues marginalized communities face and outlines some of the unique financial challenges in the queer community. Listen to Gaby’s thoughts on “Untangling the Carpe Diem Mentality” and learn where you can find LGBTQ-specific money advice to help you manage money better!

Hear from Gaby:

All money advice is aimed at middle and upper class, able-bodied, mostly heterosexual, cis-white people. -Gaby DunnClick to tweet

Topics covered include why queers are bad with money

3 reasons why queers are bad with money

  • Systemic problems (lack of economic mobility)
  • Money advice must go beyond individual change
  • We must eliminate shame and the perception of failure

About becoming famous on the internet

  • Not financially stable, no stable income
  • Visible but running other jobs (e.g. waiting tables)

Platforms demonetize LGBTQ content

  • Classified as “not advertiser friendly”.
  • Equated to inappropriateness

The pros and cons of Gaby’s internet fame

  • Platform to normalize bisexuality
  • Connect with people and see the impact

Gaby’s advice for online content creators

  • Design your work based on your skills (e.g. as a stylist or video editor).
  • Think long-term and consider how you move platforms

The inspiration for Gaby’s money podcast

  • Financial problems were kept secret
  • Create a show for “the rest of us”

Gaby’s insight into why it’s easier to talk about sex than money

  • Sex is seen as cool, biphobic people are easily dismissed
  • People are insecure about money and judgmental about decisions

Why people are put off by traditional financial advice

  • It is often condescending and does not take “real life” into account.
  • It’s shameful and only affects 2 out of 10 people

The stigma of discussing money

  • Favorite sex position vs. bank balance
  • The desire to be seen as “living the dream.”

How companies exploit marginalized communities

  • Expectations of being a “professional gay person.”
  • Ask for advice without compensation

The unique financial challenges of the LGBTQ community

  • The cost of IVF/adoption, healthcare
  • The wage gap, parental leave regulations
  • People are less likely to plan for their retirement

Gaby’s approach to encouraging the queer community to share

  • Not as much opportunity to recognize vulnerability
  • It’s hard to untangle the “carpe diem” mentality

What you can expect Bad with money

  • Discussion about mental health and finances
  • Queer-specific advice, systemic problems

Contact Gaby if you are bad with money

Resources to stop managing money badly

We are David and John Auten-Schneider, the Debt Free Guys and host of the Queer money® Podcast. We help queer people (and allies) live fabulous and non-fabulous broke lives by helping them 1) pay off credit card debt, 2) become part- or full-time entrepreneurs, and 3) save and invest for retirement.

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