New York, NY – What began as a hobby by entrepreneur and LGBTQ marketing expert Joey Amato has grown into a business. For the past decade, Amato has been analyzing stock market trends and creating methods to save and earn more money for his family and friends. He became a source of information for his friends looking to take control of their personal finances.
Last year, Amato began a blog called Frugayity…a word he created to encourage living a frugal, but fabulous gay life. The blog was featured on CNBC.com as well as Cheddar TV. The success of this blog encouraged Amato to think of the bigger picture and as a result, Pride Wealth Strategies was born.
“Sometimes people discover their passion by accident,” states Amato. “I have always loved investing in the stock market, analyzing stocks and discovering business trends, so I wanted to share my knowledge with other members of the LGBTQ community. I know many people in the LGBTQ community don’t have time to read business and financial news, so I am here to be a resource for them.”
Pride Wealth Strategies offers coaching in many areas of personal finance including Debt Management, Building an Investment Portfolio, Budgeting, Estate Planning and Wealth Creation.
“I started Frugayity to teach members of the LGBTQ community that it’s okay to live a frugal, but wonderful life,” states Amato. “I think a lot of people want to live this way, but many of us give in to societal fears or rejection. It’s not cool to save money, but I hope to change that narrative. We tend to idolize people who own flashy cars and go on fancy vacations. There’s nothing wrong with that if a person can truly afford to do so. Going into debt to post a photo on social media isn’t a wise financial decision.”
Pride Wealth Strategies offers the LGBTQ community one-on-one consulting which will help get people on the path to creating wealth. PWS generally takes a long-term value approach to investing but will customize advice based on an individuals clients needs and risk tolerance.