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8 Answers to Questions about Lesbian Money

Let’s answer some lesbian money questions

Money concerns of, within and throughout the queer community are different. Get answers to 8 questions about lesbian money. Start your journey to financial independence by getting rid of any credit card debt with the free, 7-Step Credit Card Debt Slasher.

Queer women talking about lesbian money issues

We know that the LGBTQ+ community faces unique financial challenges. But we are also cognizant of the fact that each subgroup within the queer population deals with its own specific set of money issues.

And over the years, we’ve gotten questions from listeners specific to lesbian money. So, who better to field those questions than a panel of successful queer women who are experts in the fields of finance and psychology?

Jenni Dazols is a financial planner and founder of Modern Family Finance, a firm that helps LGBTQ+ households achieve financial freedom. Dr. Angela Koivula is the licensed clinical psychologist behind Affirmative Counseling and Psychological Services, a mental health practice that caters to the queer population. And Dr. Jennelle is a trained psychologist and relationship advisor who specializes in working with the LGBTQ+ community, specifically women who were previously in relationships with men and are now with women.

On this episode of Queer Money, Jenni, Angela and Jennelle join us to explore the financial challenges unique to queer women, explaining why so many lesbians carry a fear of combining finances with a partner and what additional expenses they incur in forming blended families.

Our panelists discuss why women, in general, see money in a negative light (and what we can do to change that) and describe how feeling undeserving leads to financial anxiety in marginalized populations.

Listen in for Jenni, Angela and Jennelle’s insight on the benefit of being transparent about money and learn how lesbians navigate a world that was not designed for a woman’s financial independence.

Listen to the panel share with us thoughts on lesbian money concerns:

Topics Covered

  • How money is different for our panelists and their families due to their LGBTQ+ status
  • What drives Jenni, Angela and Jennelle to achieve financial success
  • The financial challenges unique to queer women
  • Why so many lesbians carry a fear of combining finances with a partner
  • How the financial challenges women face in general are exacerbated in lesbian couples
  • Why women tend to see money in a negative light and what we can do to shift that narrative
  • The benefit of sharing our salaries and concerns around money
  • How feeling undeserving leads to financial anxiety in marginalized populations
  • The additional expenses associated with leaving a traditional relationship with a man for a same-sex partnership with a woman
  • Assigning value to the emotional labor women do behind the scenes
  • Why it’s important to have financial planners who look like us and have lives like ours



Previous 3 Podcast Episodes

Connect with Jenni

Connect with Angela 

Connect with Jennelle


Connect with David and John


We’re David and John Auten-Schneider, the Debt Free Guys ( and hosts of the Queer Money® podcast. We help queer people (and allies) live fabulously not fabulously broke by helping them 1) pay off credit card debt, 2) become part- or full-time entrepreneurs and 3) save and invest for retirement.

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