On the 56th anniversary of the Stonewall uprising, the LGBTQ+ community continues to encounter financial challenges, including estrangement from families that compromises their financial stability. According to studies, LGBTQ+ youth face a higher risk of homelessness and financial dependency compared to their straight counterparts. While society has become more accepting over time, many hidden systems continue to foster economic inequality for queer individuals. Addressing these barriers is essential for bridging the ongoing LGBTQ+ wealth gap and preserving their history.
"Financial marginalization may seem like small potatoes compared to fighting for the right to exist, but the unacknowledged systems keeping the LGBTQ+ wealth gap in place are the same systems working to erase queer history."
"Estrangement is painful enough, but it can also put queer kids at serious financial risk. LGBTQ+ youth have a 120% higher risk of experiencing homelessness compared to the general population."
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