1913: The Truth About Queer Money: Myths, Stressors, and the Path Forward

So Money with Farnoosh Torabi

Farnoosh Torabi

Business, Entrepreneurship

4.7 • 2K Ratings

🗓️ 3 December 2025

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

What does it mean to build wealth when the world hasn’t always made space for your identity? That’s the question at the heart of today’s conversation, and the driving force behind a powerful new book reshaping how LGBTQ+ people think about money, belonging, and the future. On this episode of So Money, I’m joined by Nick Wolny, a longtime personal finance journalist, columnist for OUT Magazine, and now the author of Money Proud: The Queer Guide to Generate Wealth, Slay Debt, and Build Good Habits to Secure Your Future

Nick brings a candid, deeply human lens to the financial lives of queer people, from the emotional and cultural realities that shape money choices to the systems and habits that help rebuild stability, confidence, and long-term security. His own story, which he describes not as self-help but as a kind of spiritual reckoning, is woven throughout the book and sets the stage for an honest, energetic, and eye-opening conversation.

Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open!

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Transcript

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0:00.0	So Money episode 1913, The Truth about queer money, myths, stressors, and the path forward.
0:07.8	You're listening to So Money with award-winning money guru Farnush Torabi.
0:12.7	Each day, get a 30-minute dose of financial inspiration from the world's top business minds,
0:17.9	authors, influencers, and from Farnoose yourself.
0:20.8	Looking for ways to save on gas or double your double-pourrily. top business minds, authors, influencers, and from Farnoose yourself.
0:25.4	Looking for ways to save on gas or double your double coupons?
0:27.6	Sorry, you're in the wrong place.
0:30.7	Seeking profound ways to live a richer, happier life.
0:32.5	Welcome to So Money.
0:40.3	Is there a myth about queer money that you want to just squash? Queer people don't make more. They make less. We're not like wealthier as a whole. One is that it's a very wide swath of people. It's hard to even make any blanket statements about queer people. I talk about that with the data we have on the LGBT wage gap. It's 90 cents on the dollar, but within that, it varies quite widely
1:00.1	between men and women, between white people and people of color, between cis people and
1:05.6	trans people and gender non-conforming people. I think a lot of this ends up getting shaped by
1:10.2	media representation, And that's
1:12.2	why it's important, get that message out there and get that quality information out there and not just
1:16.4	have it be the stereotype. Welcome to So Money, everybody. I'm Farnished Tarabi. What does it mean to build
1:23.6	wealth when the world hasn't always made space for your identity. That's the question at the
1:28.7	heart of today's conversation and the driving force behind a powerful new book that's reshaping
1:34.8	how LGBTQ plus people think about money, belonging, and the future. On our episode today, I'm
1:41.7	joined by Nick Walney. He's a longtime personal finance journalist,
1:46.0	a columnist for Out Magazine, and the author of a new book, Money Proud, the Queer Guide
1:51.2	to Generate Wealth, Slaid Debt, and Build Good Habits to Secure Your Future. He's also a previous
1:57.8	guest on our podcast, and today he's bringing a candid, deeply human lens
	...

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