2/1/2024 0 Comments Real gay men fucking tumblrTracking income and costs – like in a banking app or even an (old school) checkbook – can be a powerful way to understand where your money is going. One of the first steps in taking care of your personal finances is to make a budget and follow your own spending. In partnership with Comerica Bank, here are important financial basics for LGBTQ+ individuals. The Human Rights Campaign Foundation found that LGBTQ+ workers earn 90 cents for every dollar the typical worker earns, with trans women earning only 60 cents for every dollar the typical worker earns.ĭespite these challenges, making smart decisions can make a big difference. There is also evidence of an LGBTQ+ pay gap. From harassment at work to being passed over for a job or facing higher housing costs due to discrimination LGBTQ+ people are at an acute risk of dealing with financial instability. ![]() Financial issues impact all people, and members of the LGBTQ+ community face disproportionate challenges.Īccording to a recent survey published by Experian, 62% of LGBTQ+ respondents said they experienced financial problems as a direct result of their gender identity or sexual orientation. No matter how much you earn, financial literacy is an essential life skill. In Partnership With Jennifer Barrett, Comerica Bank LGBT Business Resource Group Chair
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