If you are new here, welcome! If you are a member of the community, ask someone that wants to work on their finances to join this newsletter💸. Anybody that signs up for the newsletter gets a free copy of my toolkit!

We have covered emergency funds in High Yield Savings Accounts (HYSA) in previous newsletters. We also covered the $2 rule, a quick, easy, and accessible approach to work on personal finances. 

Happy Pride Month! Today’s newsletter topic is LGBTQ+ 🏳️‍🌈personal finance! Personal finance is not only about money, it is about what financial stability can bring to your life, security and options. In other words, I think personal finance can empower any marginalized community. If you identify as a member of the LGBTQ+ community, your dollars can make a true difference. If our personal finances are in order, and there is left over money at the end of the month, we get to choose what causes you support and basically vote with our dollars.

Members of the LGBTQ+ community encounter many challenges regarding personal finance. For starters, representation matters so much. Sadly, most financial planners are overwhelmingly older, white men. This lack of representation can result in financial planners that have no sense of what a member of the community has faced and might want to plan towards, such as family planning. As many of you might already know, the LGBTQ+ community experiences hiring/workplace discrimination that can result in a substantial wage gap. 

If you would like to explore more LGBTQ+ friendly personal topics, NerdWallet has a LGBTQ+ Financial Planning Guide that I found very helpful! Whether you would like to chat about your personal finances, find a way to invest that reflects your values, or how to repay student loans Finances with Carolina is always here for you. Schedule any of my services here! 🏳️‍🌈