Living Beyond Your Means & Unexpected Expenses

Everyone has their own money story. The basic principle of personal finance is that it’s, well, personal. What works for one person doesn’t always work for another. The most important thing to remember is that you have to do what works for you, in your life.

Which means that everyone who wants to get out of debt has to do so in their own way. And everyone got into debt in their own particular way.

Read the Rest at QueerCents.com!

The Power of Gay: Buying Power That Is

Politically, the GLBT community is still less than accepted today, but, as times are changing, people are starting to consider the financial power within the GLBT community as a force.

It was estimated in 2006, approximately 15.3 million GLBT consumers held buying power of over $600 Billion, and it came closer to $700 billion in 2007.

According to Harris/Witeck-Combs, 72% of GLBT consumers prefer to buy from companies that advertise to them directly, much like various other consumer groups.

Simmons research also shows that 89% of GLBT consumers are more likely to seek out brands advertised to them, and a majority are willing to pay premium prices for quality products and services.

One explanation for this. the median combined household income of same-sex couples is 60% higher than opposite-sex couples. One reason for this, studies show that GLBT Americans are twice as likely to have graduated from college, twice as likely to have an individual income over $60,000 and twice as likely to have a household income of $250,000 or more.

Find more on gay finance here at gayagenda.com.

Jamaica Misses the Boat - The Gay Tourist Boat

Jamaica is losing billions of dollars by ignoring the lucrative gay tourism market, said United Kingdom-based Jamaican scholar, Dr Donna Chambers, sister of dub poet, Mutabaruka.

Tourism stakeholders, the lecturer declared, must determine if they could continue to ignore this market estimated at US$65 billion, or five per cent of the annual US$1.3 trillion global tourism market.

“Can Jamaica afford not to market itself to lucrative gay travel in an increasingly competitive global tourism market?” Chambers, a lecturer in Tourism at the University of Surrey, asked in a speech at the 2008 ACS Crossroads seminar last week at the University of the West Indies, Mona.

Read the rest of the story at jamaicaobserver.com.

Traveling?  Find your “Gay Friendly” accommodations at pinkchoice.com and enter to win $1,500.00!