Get rid of debt
The stats are bleak: The average LGBTQ family has roughly $12,000 in credit card debt. We assume 17% more student loan debt than our straight peers—which translates to about $40,000—and 79% of queer students have both credit card and student loan debt before graduation.
Learn more about how to get rid of debt fast:
Getting rid of debt fast
The financial burden of owing money takes a toll on our mental and physical health, creating additional stress and diminishing our quality of life. So, it’s no wonder credit card debt is a leading concern of the LGBTQ community. Today on Queer Money, we’re addressing that concern with the Credit Card Pay Off Course , available for a limited time through our website.
We start by explaining how financial freedom serves as a way to RESIST, allowing us to spend money on education or organizations that support the queer community. We also share our objectives for the course, describing how removing the debt burden can improve our outlook and allow us to work toward other financial goals.
Finally, we walk through the main components of the Credit Card Pay Off Course, from instructional videos and reading material to easy-to-use checklists and tools to a custom Facebook support group. Listen in to understand how we used this system to pay off $51,000 of our own credit card debt in just 2½ years and learn how it has helped other couples and individuals prioritize financial self-care, save thousands of dollars, and lift the burden of credit card debt!
Topics covered to get rid of debt fast
Why credit card debt is a leading concern of the LGBTQ community
- Average LGBTQ family = $12K in credit card debt
- Pay thousands of dollars in interest annually
The statistics around debt and the LGBTQ community
- $40K more in student loan debt than straight peers
- 79% of LGBTQ students have loan + credit card debt
Our goal with the Credit Card Pay Off Course
- Remove burden of credit card debt in queer community
- Improve quality of life and achieve other financial goals
What you get with the Credit Card Pay Off Course
- Videos with step-by-step solutions + accompanying reading
- Easy-to-follow checklists and tools (calculators, spreadsheets)
- Custom Facebook group for support and weekly Lives
Our personal experience with paying off credit card debt
- $51K in credit card debt between two of us
- Paid off in 2½ years, share method in course
The epidemic of credit card debt in the US
- American have $1T in credit card debt
- Pay $104B per year in interest, fees
How our course has helped others pay off their debt
- Open line of communication for couples
- Save on interest rates, pay off debt faster