The Blog

Finance Trailblazers in the LGBTQ+ Community

Jun 14, 2024 | Investors, TEA Insights

By Sarah Bromley, Gen Z Correspondent

 

Money might not see race, gender, or sexuality, but well-intentioned financial advice is often guilty of being aimed toward people who fit a certain mould. Those in the LGBTQ+ community may have unique considerations, such as the costs of assisted reproduction or gender-affirming surgery and lower earnings on average, due to discrimination.   

To celebrate that June is Pride month, we’re recognising these challenges and celebrating the work of some of the most exciting voices in the community. 

 

Debt Free Guys 

David and John Auten-Schneider are a married couple committed to giving personal finance advice through a gay lens. After accumulating over $51,000 in debt themselves, they now share information to help others in the same position, while discussing the unique needs of the queer community. 

Their website is full of tools and resources that cover paying off debt, planning for retirement, building wealth, and more. 

The dynamic duo also run the Queer Money podcast, which has more than 500 episodes and examines “how gay people do money.” 

 

I Like to Dabble 

Daniella Flores is a software engineer who is queer, non-binary, and neurodivergent. She started her I Like to Dabble blog as part of her endeavours to pay off $40k of debt and build income streams (she now has 12). 

As someone who often felt excluded from corners of the internet offering advice about side hustles, she aimed to make information that’s typically reserved for hustle bros available to a wider audience.  

In addition to her blog, Daniella is prolific on social media, with almost 100,000 followers on Instagram. She also runs a podcast called Remote Work Bestie. 

 

True Self Wealth 

Manchester-based Jamie Lowe offers specialised financial planning tailored to the LGBTQ+ community through True Self Wealth, an Appointed Representative of leading wealth management firm St James’s Place.  He promises to “include ALL of the letters” through its services by catering to less common lifestyle choices. Among its offerings are protection insurance for trans people and help with financial discrimination.  

He’s also the founder of Trans Support Hub and Big Queer Business Meet-Up, both of which provide support for the LGBTQ+ community in different ways.  

 

Healthy Rich 

Dana Miranda describes herself as a “neurospicy bisexual passing for a nice Midwest lady.” She’s also a personal finance journalist and Certified Educator in Personal Finance (CEPF), with a career focused on discussing all things money. Since 2015, she has contributed to publications such as Business Insider, The Penny Hoarder, and Kiplinger. 

The Healthy Rich substack newsletter examines how capitalism influences money discussions and shares financial advice. One of its differentiating features is Dana’s budget-free approach. Instead of following a budget, she encourages people to align their money with their values and live life to the full (while still being financially sensible). She also wrote a book “You Don’t Need a Budget” to discuss these ideas further. 

 

Gabe Dunn 

Gabe Dunn may have a book and podcast called “Bad With Money,” but his work shows otherwise! He calls his podcast “a money show for the weirdos and queerdos,” and it offers a mixture of current stories in the world of finance and insights from diverse guests. 

Outside of the podcast, Gabe is a film director and hosts a YouTube channel called Just Between Us with fellow writer Allison Raskin, which has over 600,000 subscribers. 

 

The Trans Capitalist 

Kenneth Davis is a transgender financial literacy activist dedicated to empowering the LGBTQ+ community. The Trans Capitalist is a financial literacy resource catered to the queer-transgender community, and it has an accompanying digital workbook.

Fighting economic discrimination is a major focus of Kenneth’s work, and he believes that better personal finance education can go a long way toward dismantling it.  

Kenneth has a bachelor’s degree in Civil Engineering and a Masters of Science in Finance, is a Certified Data Scientist, and was featured by Forbes as a Trans Entrepreneur. 

 

Queerd Co 

Queerd Co offers “shame-free finance education” with an intersectional focus. As well as including the LGBTQ+ community in its approach, it accounts for other minority groups who may be excluded from traditional personal finance advice, such as people with  disabilities. 

The platform is run by Ellycee, a queer and neurodivergent content creator who started the website when going through her own financial journey. Queerd Co offers a range of money tools and resources designed to go beyond the typical numbers and spreadsheets. 

 

 

From Rainbow to Riches  

The individuals and resources outlined above show that finance is a deeply personal journey that should always be tailored to the individual — whether they’re part of the LGBTQ+ community or facing other kinds of unique hurdles.  

At TEA, we passionately believe in inclusivity across the financial spectrum, whether in personal finance, financial advice, or shareholder engagement. It’s only by embracing and welcoming all in society that we can make the financial services work for us all.

 

Sarah Bromley is FinGlitz’s Gen Z Correspondent, covering financial and investment topics from the Gen Z perspective, exploring issues that impact younger generations, but that resonate globally.   

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