How Corporations Contribute to the Wage Gap

What do corporations do that contribute to the wage gap

Find out how corporations contribute to the wage gap on this episode. Then download your FREE Queer Money Kickstarter, a 9-step Guide to Kickstart Your Journey to Financial Independence.

How the wage gap is affected by the contributions from corporations

Is it just corporations that are at fault for the gender, gender identity and sexual orientation wage gaps? We don’t think so. And unfortunately, many in our own community are culpable. But how can those of us in marginalized communities raise our income? Can we do anything to raise the income of others in the LGBTQ community? Farnoosh Torabi is a renowned personal finance expert, television personality and award-winning So Money podcast host. With a background in journalism and finance, Farnoosh’s work has been featured in Time magazine, The Today Show, and Good Morning America, among many other national media outlets. She is also the author of several best-selling books, including You’re So Money, When She Makes More and the new release, A Healthy State of Panic.

On this episode of Queer Money®, Farnoosh joins us to discuss her LinkedIn post on billion-dollar companies asking women (and those of us in other marginalized communities) to speak for free. She offers insight on how long an aspiring speaker or influencer should work for free to gain traction and how to navigate the fear of losing an opportunity by asking for what you’re worth.

Listen in for Farnoosh’s take on working for free ‘for the good of the community’ and learn about the power you have to drive the rising tide that lifts all boats in the LGBTQ community.

Listen to get insight on investing terms you should know

Topics covered on the wage gap

Farnoosh’s unique take on personal finance in her book A Healthy State of Panic
How a fear of rejection impact those of us in marginalized communities
Farnoosh’s LinkedIn post about billion-dollar corporations asking women to speak for free
What contributes to the dilution of value in the marketplace for speaking
How long an aspiring speaker should work for free to gain traction
Why you should always ask for the organization’s budget or what they’ve paid speakers in the past
How to navigate the fear of losing an opportunity by asking for what you’re worth
How Farnoosh thinks about working for free ‘for the good of the community’
Big brands that claim to support the LGBTQ community but ask us to work for free
How internalized homophobia leads us to perpetuate financial oppression in our own community
LGBTQ individuals who focus on giving back before we’ve built a sustainable business
How to reframe the fear of failure that drives many to give beyond our means

Connect with Farnoosh Torabi

Farnoosh TV
Farnoosh Torabi on Instagram
So Money Podcast on podcast.Farnoosh.tv

Resources on the wage gap

Connect with David and John

Watch this week’s episode on the wage gap

Previous 3 Podcast Episodes

We’re David and John Auten-Schneider, the Debt Free Guys (www.debtfreeguys.com), and the Queer Money® podcast hosts. 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.