In the first installment of an ongoing series, that is shamelessly stolen from FiveThirtyEight, we’re bringing you some of the best voices in the personal finance world to discuss a topic in our field. This week, we’re hosting the dynamic duo at Millennial Revolution, Bryce and Kristy, as well as Kitty from Bitches Get Riches, to chat about diversity in personal finance.
Yeah, we’re diving in with both feet here.
Fair warning: the chat is chock full of NSFW language. Enjoy!
FireCracker: Hi FI peeps!
Done by Forty: Woot! It’s working. This is already a triumph.
Kitty: Hi guys.
Done by Forty: What’s up, Kitty!
Kitty: Sorry, Piggy was actually in my town and we got caught up doing non-working shit.
Done by Forty: No worries at all.
Is Piggy joining as well?
Wanderer: And if so, is she sober?
Kitty: I don’t think so, she’s with her folks tonight.
Done by Forty: No worries, and I encourage adult beverages. [Editor’s note: I may have been drinking beers during the chat.]
Okay, you guys want to start?
FireCracker: let’s do it!
Done by Forty: 😃 Okay, I may have prepared some questions.
Let’s dive right in. Lack of diversity seems to be an issue in personal finance, perhaps especially in the FIRE community. But we all likely see the problem a bit differently: how would you, personally, define the problem?
Kitty: Well, people of color are a substantial portion of the population.
So whenever I see communities that don’t reflect somewhat real-world demographics, I have to ask myself “why is that?”
Almost always, it’s my experience that the community is either out of touch with issues that relate to POC, or it’s unconsciously hostile.
…Or deliberately hostile, I guess!
I think it’s the first two in the FIRE community.
Wanderer: I don’t think it’s a hostility thing at all with the