An estimated 20 to 30 percent of the LGBTQ community abuses substances, compared to about 9 percent of the population as a whole. This can be due to several factors, but can mostly be attributed to the daily societal pressures that our community faces that heterosexuals simply don’t have to put up with. Discrimination based on sexual orientation in the workplace, hate crimes, internalized homophobia, public humiliation, and family isolation due to coming out are all contributors. We also know that LGBTQ nightlife plays a big role in our community. Meant to be a safe space to hang out, date, and let loose, club life is categorically immersed in the world of alcohol and recreational drugs. What is sometimes glamorized on screen and on social media is just not cute in real life.
This Pride season will be especially triggering with the first in-person celebrations and festivals we’ve had in over a year. We are ready to party and coming out...
Samantha (she/her) is a lesbian money coach. She founded The Money Institute to educate the queer community on how being gay affects their finances.
She has several coaching programs dedicated to empowering the queer community to eliminate debt, save thousands and live their best life.
Sam is speaking in the Coming Out Early In Life track on How Being Gay Impacts Your Finances - And the Real Cost of an Apartment.