NerdWallet's Smart Money Podcast

Moving Could Benefit You: Budgeting for a Brighter, Safer Future in the LGBTQ+ Community


Listen Later

Learn how moving could benefit you if you feel compelled to relocate due to safety concerns — and how to budget for a sudden move.

How do you financially and emotionally prepare for relocating due to safety concerns? 

What are the financial impacts of such a forced move? 

Hosts Sean Pyles and Alieza Durana discuss their experiences planning finances for relocations to help you understand the complex challenges faced by individuals seeking safer environments, particularly in the LGBTQ+ community. 

Alieza begins by interviewing G Chesler, a non-binary trans person, about their move from Washington DC to Portland, Oregon, providing valuable insight into the necessity of finding a supportive community, navigating healthcare and identity respect, and the emotional relief of living in an affirming environment. Their conversation reveals the deep emotional impact of living in a state that does not recognize or respect one's gender identity, the struggles with accessing appropriate healthcare, and the powerful sense of belonging found in a more accepting community.

Then, Alieza speaks with Lindsey Young, founder of the LGBTQ+ focused financial planning and investment management services firm Quiet Wealth, about the financial aspects of relocating for safety. They discuss creating a relocation financial plan, managing the costs associated with a sudden move and the importance of building a supportive community in the new location. They also focus on how to minimize income loss, budget for moving expenses and strategically utilize debt. This episode addresses two pressing issues for the LGBTQ+ community: the urgency of relocating due to hostile environments and the strategies to mitigate the financial strain that accompanies such a move. 

In their conversation, the Nerds discuss: LGBTQ+ relocation, financial planning, safe spaces for the LGBTQ+ community, emotional strategies, financial strategies, LGBTQ+ families, moving for safety, affordable cities, remote work, disability accommodations, community exchange networks, gender parity, workplace accessibility, hate crimes, discriminatory laws, queer community, non-binary transition costs, housing costs, sales tax savings, supportive communities, LGBTQ+ support organizations, moving expenses, financial stability, relocating for safety, job stability, moving costs, safety concerns, building connections, gender affirming care, LGBTQ+ legislation, and financial security.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected].

Like what you hear? Please leave us a review and tell a friend.

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

NerdWallet's Smart Money PodcastBy NerdWallet Personal Finance

  • 4.3
  • 4.3
  • 4.3
  • 4.3
  • 4.3

4.3

815 ratings


More shows like NerdWallet's Smart Money Podcast

View all
Money Girl by QuickAndDirtyTips.com

Money Girl

1,851 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,215 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

807 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,089 Listeners

Kibbe on Liberty by Blaze Podcast Network

Kibbe on Liberty

301 Listeners

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing by Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!, Bleav

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

886 Listeners

Becker Private Equity & Business Podcast by Scott Becker

Becker Private Equity & Business Podcast

59 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,409 Listeners

Money Rehab with Nicole Lapin by Money News Network

Money Rehab with Nicole Lapin

1,688 Listeners

Do This, NOT That: Marketing Tips with Jay Schwedelson by GURU Media Hub

Do This, NOT That: Marketing Tips with Jay Schwedelson

850 Listeners

Squeezed with Yvette Nicole Brown by Lemonada Media

Squeezed with Yvette Nicole Brown

59 Listeners

Unfiltered Soccer with Landon Donovan and Tim Howard by Landon Donovan, Tim Howard

Unfiltered Soccer with Landon Donovan and Tim Howard

301 Listeners

Smart Travel: Upgrade Your Getaways by NerdWallet Travel

Smart Travel: Upgrade Your Getaways

158 Listeners

Post Moves with Candace Parker & Aliyah Boston by Candace Parker & Aliyah Boston

Post Moves with Candace Parker & Aliyah Boston

381 Listeners

That Can't Be True with Chelsea Clinton by Lemonada Media & The Clinton Foundation

That Can't Be True with Chelsea Clinton

264 Listeners