Gay Money: Your Personal Guide to Same-Sex Strategies for Financial Security, Strengthand Success
Per Larson
Editorial Review
From Library Journal
Larson, a New York-based financial advisor, offers this financial primer for gay men and lesbians on how to manage their money. In the first section, which looks at how gay people get money, spend it, save it, and invest it, he points out that since many gay people will not have any children, they may find themselves with discretionary income. Unfortunately, a lot of people wind up spending it instead of saving it, with sometimes tragic results later in life. Larson stresses the need for "risk management" in looking after personal finances, offering commonsense tips on preparing a budget, putting money aside in a systematic savings plan, and making investments. In the second section, Larson looks at "gay issues" such as health and disability insurance, merging the finances of gay couples, paying taxes, preparing wills, and handling probate questions. Throughout, he provides examples that may seem hypothetical but effectively illustrate his point that gay men and lesbians have to save and invest for the long term?not only for security but to empower themselves. This practical road map for achieving financial success is recommended for larger public libraries and all gay/lesbian collections.
Richard S. Drezen, Washington Post News Research Ctr., Washington, D.C.
Copyright 1997 Reed Business Information, Inc.
No comments:
Post a Comment