Comments on: Unmarried Finances

By: Pride & Opinions » Blog Archive » Marriage and Queer Financial Advice

Tue, 18 Dec 2007 19:00:18 +0000

[...] by Melissa at Queercents (I know I mentioned this before, but best tagline ever) that talks about the intersection between the lack of gay marriage options and financial planning questions. I think a lot of the politics of gay marriage is really about how much validation the state gives [...]

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By: The Carnival of Personal Finance #129 | Cash Money Life

The Carnival of Personal Finance #129 | Cash Money Life — Mon, 03 Dec 2007 12:46:38 +0000

[...] from Queercents presents Unmarried Finances, and says, “Financial maturity is only for the grown ups! Don’t wait until you’re [...]

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By: 2million's personal finance blog

2million's personal finance blog — Mon, 03 Dec 2007 05:23:49 +0000

Interesting -- I never thought about financial maturity/milestones as: “Get married: Merge your financial lives. Have a child: Buy life insurance and start saving for college." but i guess its true.

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By: Elaine

Elaine — Fri, 30 Nov 2007 20:40:05 +0000

Your point about young GLBT people needing to make sure they're covered financially is very valid. I'm in my mid-40's and have been laid off once. I expect to be laid off one more time before I retire and have that baked into my financial plans. Were I in my early 20's, I would expect to have to make significant job changes every 5-10 years. I think the days of stable lifetime employment have ended (in the U.S.) -- there is no such thing as "job security" anymore, but there is "career security". For me, career security consists not only of what I know how to do, what I've done, my credentials, and my contacts but also my financial stability. I was laid off 4 years ago, and fortunately, I found a better job very quickly so the layoff was a net positive to me financially. However, the company I joined has just been bought out by a non-GLBT friendly conglomerate. I am not worried about losing my job and I am not worried about the new company creating an intolerable working environment. I have no credit card debt (for the first time in my life), no car payment (ditto), and a year's living expenses in the bank (ditto). Man, what a feeling of freedom. I'm not independently wealthy, but I do have the resources to weather a period of unemployment. I've got a 20 year old stepson, and I'm encouraging him to participate in his company's 401k program -- even at the minimum contribution level -- and then never take that money out as he moves jobs. Being financially stable is a good goal no matter how old you are.

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By: Nina

Nina — Thu, 29 Nov 2007 15:23:24 +0000

A broken heart is some drama, but I’m guessing eviction is way worse–and once you’ve made sure you’re not going to get evicted, you can go out and get that heart broken all you like! Too many people dig themselves into deep holes of consumer debt and empty 401ks in their early twenties because there’s no social pressure for responsibility until marriage or bankruptcy, whichever comes first. Melissa: You're a wise, young lady! And a fun writer to boot. Thanks for the post!

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