Financial influencers from the LGBTQ+ community share tips on finding affordable housing, starting a business, building generational wealth and finding resources for family planning
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We talked to some financial influencers from the LGBTQ+ community about tips on finding affordable housing, starting a business, buildingResponses have been edited for length and clarity. Learn more about each financial pro below, following the questions. NGLCC, the National LGBT Chamber of Commerce, and its affiliated chapters work to certify and support LGBTQ-owned businesses on the national, state and local levels.
“We suggest looking at the Human Rights Campaign’s Municipal Equality Index or the Movement Advancement Project Data on LGBTQ+ inclusion and protection in local policies and bumping them up with general affordability metrics, including but not limited to the cost of living, housing affordability and incomes. Even giving equal weighting to all metrics, most will find that the cities of refuge for many LGBTQ+ people will be priced out.
“Start investing early and often, adding assets that will appreciate and add to your net worth. You don’t need a lot of money to get started with investing. You have to prioritize it and do it consistently as soon as possible. The more time you have in the market, the better.”“Too much of LGBTQ+ people’s wealth eventually ends up in the hands of our non-LGBTQ+ family members, and too often family members who weren’t totally supportive of us.
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