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Friday, July 07, 2006
Gays More Likely to Be Millionaires
A 2005 Harris Interactive study commissioned by The National Gay Newspaper Guild shows gays and lesbians are more likely to have a net worth in excess of $1 million compared to the average American adult.
There's been a lot of debate over the true spending power of glbt people and many theories have been proposed as to why gays and lesbians have more discretionary income than straights. After all, most adult glbt people don't have the same financial obligations as our heterosexual counterparts, such as children. For glbt people that do have children, greater spending power is only a myth as reported in the news story about gay minority parents having less income than heterosexual parents. However, a 2005 Harris Interactive study commissioned by The National Gay Newspaper Guild sheds new light on the wallet size of all gays. You'll be intrigued by the results...
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