Gay Personal Finance

Gay people get plenty of ink in the media these days, but generally it's only within stories specifically about gay people. Today's USA Today, however, picked a gay couple in Massachusetts to profile for a personal finance makeover, if you'd like to call it that.

There's nothing particularly noteworthy about the two men's financial situation, other than their 28 count em 28 mutual funds, and the fact that their marriage in Massachusetts is not recognized as a marriage by the Federal government for tax purposes, inheritance purposes, etc. I just found it interesting that this is the first time I can remember coming across one of these types of personal finance profiles where the couple in question was gay. Usually it's "how the Conwells are doing on their retirement planning" or "Jim thinks Kathy spends too much," but it's rarely "Simon and Patrick have 28 mutual funds and 20 credit cards" as it is today.

Whether you think that's a good thing or not I suppose depends on your feelings about gay people, but it was interesting to see something a little different in one of these PF columns.