Nearly Half of LGBTQ+ Americans Have Experienced Discrimination in Financial Services
ALEXANDRIA, Va. (May 23, 2022) -- New research by The Motley Fool and the Debt Free Guys reveals that nearly half (48%) of LGBTQ+ Americans have experienced discrimination by someone in the financial services industry. What's more, a similar percentage (44%) say that has contributed to lack of financial security.
This data, which is part of a bigger LGBTQ+ Money Study conducted by The Motley Fool in partnership with the Debt Free Guys, surveyed 2,005 LGBTQ+ Americans about their personal finances. The April 2022 study reveals the challenges LGBTQ+ people continue to face that prevent them from achieving long-term financial health and generational wealth.
"As a member of the LGBTQ+ community, I feel that this research is important in bringing awareness to the continued discrimination and disparities our community faces," said Alicia Aldrich, PR Director at The Motley Fool. "I'm hopeful this data can be used as a tool to drive positive change for current and future generations. Through a better understanding of LGBTQ+ Americans and their financial health, we can create a more inclusive and equitable financial system for all, and truly make the world smarter, happier, and richer."
Source Fool.com
