Does LGBTQ+ media neglect personal finance?

There's personal finance publications, and then there's LGBTQ+ representation in media. But what about LGBTQ+ focused personal finance? Hosts of Yahoo Finance's new show Living Not So Fabulously, David & John Auten-Schneider, spoke with founding executive director of the McGraw Center for Business Journalism Jane Sasseen about the need for finance education that covers the unique needs of the LGBTQ+ community. The economic needs and corresponding advice for gay male couples, women, or trans people "is very different and you could run a column a month for years dealing with the different issues that different parts of the community have," explained Sasseen.

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Video Transcript

We've noticed in publications like Glamour and Cosmopolitan or men's Health and GQ that on a semi regular basis, there's a personal finance article and yet when we look at much of the queer media, it's rare if ever they have something like that, we're starting to see a little bit more lately, but it's relatively new and it's still an anomaly.

What are your thoughts on that?

Well, I think they ought to, you know, start some columns, you know, and I think you're right because you do see, you know, just, you know, I mean, there's obviously a ton of personal finance coverage out there in different forms and formats and, you know, shows and, and columns and whatnot.

But yeah, I don't think it, you know, you're right.

I don't think it has been at all a priority of, of the gay press, the Queer Press.

And, you know, again, as we said, there's very, we have very different issues and even, you know, you're talking about, you know, the, the amount of disposable income and I haven't seen statistics in a while, but it very much used to be the case and I suspect it is is still true.

You know, gay men, male couples have far more disposable income than, you know, gay women, uh, trans people.

Uh, you know, uh, female couples just because of the nature of, you know, men make on average far more than women.

Um, you know, I think there's probably also far more than numbers of, you know, uh, queer women in whether they're single or in couples that have kids, whether they had them on their own or had them in a previous marriage.

You know, so, you know, the economic needs and the kind of advice that, you know, people have, you know, it is very different and, you know, again, you could, you could, you could run a column a month for years, you know, dealing with the different issues that, you know, different people in different parts of the community have.