LGBTQIA+ Experiences with Financial Education and Services

This is a summary of a survey of 1,050 U.S. adults who identify as members of the LGBTQIA+ community (transgender, agender, genderqueer, genderfluid, māhū, muxe, non-binary/enby, questioning or unsure, two-spirit, asexual/aromatic, gay, lesbian, pansexual/bisexual/fluid, queer, same-gender-loving and stud) and their interactions with the financial services sector. Survey topics include quality of financial life, opinions on financial education mandates, access to financial education (and its relevancy) and what types of discrimination they faced (if any).

NEFE conducted this study as part of its PRIDE month activities to support the LGBTQIA+ community and foster financial equity and inclusion. This is part of NEFE’s ongoing diversity, equity and inclusion activities to explore ways to amplify research, representation and practice to address data gaps regarding financial well-being.

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