INVESTMENT

Betterment financial advice from the LGBTQ + community


Although not everyone thinks their identities affect their finances, curious people face unequal levels of homelessness, carry more debt and have more barriers to healthcare than their straight, CIS-gender counterparts.

In this proud month, we’re highlighting the stories of members of the Betterment comedy community and sharing their creative ways that they communicate money in their daily lives.

Get to know our staff with a fun fact.

Troy Haley, 401 (k) Client Success Manager (he / she): I was in South Africa for a year.

Chris Moore, Product Design Manager (star): I am a fancy rock climber. I grew up all over the United States, as well as Mexico and Cuba.

Sumaiya Mollah-Carillo, Social Media Coordinator (he / she): In addition to my full-time job, I am also a professional dancer.

Ricky Whitcom, Customer Support (he / she): I love to cook and run a food / cooking Instagram account.

Woot Hammink, Banking Operations Manager (he / she): My family has farms on three continents!

Maria Hao, Sales Development Representative (she / she): I almost never wear matching socks – I have to have Aries strength.

The path to financial freedom looks different for everyone. Here are some of the goals we are working towards.

Woot Hammink, Banking Operations Manager (he / she): My partner and I are thinking about buying a home! It’s a big, scary investment in places like New York City.

Chris Moore, Product Design Manager (star): Savings for a home.

Sumaiya Mollah-Carillo, Social Media Coordinator (he / she): Savings for travel to Italy, and working towards 1.5 million for retirement.

Maria Hao, Sales Development Representative (she / she): Now that I’m at the top of my student loans, my partner and I are starting to save for a home.

Ricky Whitcom, Customer Support (he / she): Savings for my wedding.

Troy Haley, 401 (k) Client Success Manager (he / she): Covid-1 post Reservation for a cruise ship voyage for the next voyage!

Healthy habits make all the difference in what works best for you and your money. Here are some ways our staff can reach their goals.

Sumaiya Mollah-Carillo, Social Media Coordinator (he / she): I use Auto-Deposit for almost every account, and I save any storm or extra money from dancing professionally towards my financial goals.

Troy Haley, 401 (k) Client Success Manager (he / she): Automation! I deposit $ 100 into my cruise savings every Tuesday!

Ricky Whitcom, Customer Support (he / she): Preparing for my lunch as opposed to ordering, and saving a percentage of my salary-allowance.

Woot Hammink, Banking Operations Manager (he / she):

  • First: Recurring deposits for home ownership purposes. We have to start from somewhere.
  • Second: We check in with each other frequently, and talk about what makes us open and comfortable. Since we are not married, ownership becomes more complicated.

Maria Hao, Sales Development Representative (she / she): It may be reversible, but after spending a lot of time in grad school and having a budget, with little suffering (like dinner with my partner) I make sure I break the budget without going wild.

Chris Moore, Product Design Manager (star): I submit automatically to my home goal. Otherwise, I would have spent that money on something else.

Our attitudes toward money can change dramatically over time, and our attitudes toward money change as we age. Members of the BetterPride community have shared advice with their little ones.

Ricky Whitcom, Customer Support (he / she): Open a savings account and don’t touch it.

Chris Moore, Product Design Manager (star): Money is real and it has real consequences. It does not mean exclusive. The debt of that student loan is almost returned. Choose young cries wisely!

Maria Hao, Sales Development Representative (she / she): I would tell myself to see the IRA. Until I worked at Betterment, I knew very little about tax-exempt accounts. My money could have worked harder for me if I had known more.

Woot Hammink, Banking Operations Manager (he / she): I first agree with my little self that money should be more colorful than our green US dollars. I will take savings more seriously first, and spend less money on Dairy Queen.

Troy Haley, 401 (k) Client Success Manager (he / she): If you are going to spend it, make sure you get it at the bank!

Sumaiya Mollah-Carillo, Social Media Coordinator (he / she): Take it slow and steady. I always want to achieve my goal as fast as possible, but in reality I have to come at a slower pace and stay for some time before seeing the results.

Has your identity affected your relationship with money in any way? Why or why not?

Maria Hao, Sales Development Representative (she / she): As a curious person who was socialized as a woman, I did not subconsciously think of myself as a future earner in the constructive years. Now that my partner and I are saving for goals like a house and family at that time in our lives, I am more aware of living in a society where gender pay gap exists and I am working hard to catch it!

Chris Moore, Product Design Manager (star): Although I have a ton of skin right because I am white, apparently curious puts me behind my Segender heterosexual colleagues. The way society works for them doesn’t work for me. Most things are a little difficult.

Sumaiya Mollah-Carillo, Social Media Coordinator (he / she): Yeah Al that sounds pretty crap to me, Looks like BT aint for me either. I am always mentally preparing myself to spend that major life.

Ricky Whitcom, Customer Support (he / she): When I was younger I definitely felt the need for the most beautiful brand and new style and now I am very happy annoying dresser who does not spend his salary on jeans.

Troy Haley, 401 (k) Client Success Manager (he / she): No! I’m a frugal consumer … frugality applies to gay or straight people!

Woot Hammink, Banking Operations Manager (he / she): Definitely! Many of the lines in an “unconventional” relationship in terms of long-term planning and savings are blurred. I never felt like I had a traditional themed “Game of Life” style plan, where an easy path could lead me to success.

Start your financial journey


If you are interested in joining our team, check out the Betterment Careers page! We are always looking for passionate candidates to join our company.



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