I’ve written before about issues around payment processors and the sex industry, how businesses like Paypal, WePay and Google Wallet were shutting anyone they suspected of sex work out of using their services.
Well, turns out that a trickle down effect is happening within the banking world, as Chase recently sent letters out to hundreds of porn performers telling them their bank accounts would be shut down May 11th. Perez Hilton posted a photo of one of these letters from adult performer Teagan Presley, and while I am somewhat loath to link to his blog, I think it’s important to read the language. You’ll notice that Chase never specifically cites adult work in their decision, just that they “reviewed the account and determined that we will be closing it on May 11, 2014. Please accept our apologies for the inconvenience.”
I’m sure they’re terribly sorry. Just as they were really apologetic for refusing to process payments for Lovability CEO Tiffany Gaines. Her crime? Selling condoms, because they’re “adult-oriented material”. The same adult oriented material, of course, as Trojan, who could process their payments with no issues through Chase, but never mind. As long as they’re really sorry about it. Keep reading »
Oh, tax season. Doing my taxes stresses me the hell out: I do so much freelance writing that I have one million forms. And trust me, if you screw up your taxes — even unintentionally — the IRS will hunt you down like a dog. I always say this year will be different, this year I’ll do it all by myself on TurboTax. Instead, I just hyperventilate for weeks.
Anyone else with me on this?
Keep reading »
I was packing my bags, looking forward to a week trip to the Feminist Porn Awards and the Feminist Porn Conference, having finally earned enough through my Patreon patron-funded writing to travel and have a bit of a cushion when I got back. Payments would be processed at the beginning of the month, and I welcomed the assurance of my first paycheck that would pay my rent. I was finding it refreshing to be making a living (albeit barely) through getting paid to write on my experiences in the sex industry, giving me some hope that I could transition out and still survive financially. Finally I was getting paid for my writing… not in “exposure,” but in rent money!
That’s when I got an email from Patreon, saying that the payment processor PayPal had threatened to shut down all integration with their site because it contained “adult content.” The email stated:
“[A]s you can imagine, this would be detrimental to creators — hundreds of thousands of dollars were to be ‘frozen’ unless we flagged all adult content pages, made them private, and removed Paypal functionality from their individual pages… I’m so sorry that we had to do this without warning you first, but it was SUCH an emergency! We simply had to take action to avoid a situation where creators would lose hundreds of thousands of dollars of legitimate pledges.”
Patreon emailed all of our patrons to warn them and suggested we also email them to ensure payments went through as usual at the beginning of April. While Patreon was open to artists creating work that was adult in nature, their hands were tied. And not in a kinky way. Keep reading »
So you’ve finally found The One (or at least The One For The Foreseeable Future) and you’ve committed to a serious relationship. Now what? In our weekly column, Life After Dating, women discuss the unique joys and challenges of coupledom.
My boyfriend Nick and I have been together for nearly 10 years, lived together for 8 of those, and still keep completely separate bank accounts. We’ve been sharing expenses — rent, groceries, gas, car insurance, etc — for a long time, but whenever we talk about actually pooling our finances, it just doesn’t feel right. Not sharing a bank account works for us, but that’s not to say it doesn’t come with some drawbacks. Here are some of the pros and cons of keeping your money separate when you’re building a life together… Keep reading »
Forget about marrying rich if you’re not rich already: a new study as found that the tendency to choose a spouse with the same income or education level has increased greatly in the past 50 years and it has actually affected the state of income equality in the U.S. Keep reading »
Newsflash to nobody: crazy-rich people loooooove frivolous shit. After all, there are only so many practical items and experiences you can spend money on before it’s like, hey, bring on the fucking big cat room. (I know, I know, just because that’s what I would do with my extra millions doesn’t mean it applies to everybody.) Combine loads of money with showy aesthetics and that other beloved rich person thing, Travel, and what do you get? Yachts!
But daddy, everybody’s got a yacht … and as of last weekend’s Monaco Yacht Show, there’s something even grander than a humble yacht with which to show off your ridiculous wealths. Bert Houtman, founder and chairman of the Netherlands-based U-Boat Worx, gets it. He says, “There is a change in attitude of super-yacht owners. They’re fed up with drinking white wine and riding jet skis, so they’re looking for another thrill.” And what better thrill than an “underwater plane,” which can be attached beneath your silly old yacht and then taken for a spin up to 1000 meters below the surface? It all sounds impossibly appealing, and yes, impossibly thrilling, and relatively cheap in the $1.5 to $4.2 million range, but isn’t the entire point of a yacht is that lesser humans can look on in class envy? Submersibles, on the other hand, are submerged. Just don’t tell that to the clientele. [Refinery29]
Someone call the waaaaaaambulance, we’ve got a whiner on our hands. Over at Thought Catalog, in a piece titled “Being Privileged In Not A Choice, So Stop Hating Me For It,” writer Kate Menendez says she is fed up with other people judging her for her privileged background. She’s sick of being self conscious that, thanks to her parents paying for college and grad school, she had no debt. She’s over pretending that the fancy suits she wears to her internship are hand-me-downs, when she bought them full price herself. She’s tired of getting dirty looks from her doorman when he hands her a delivery from J. Crew, dammit! Yes, doorman. She lives in an expensive high-rise building, get over it, poors, because Kate can’t help it! She writes:
So stop making me feel like I’ve done something wrong. Stop making me feel like I am less deserving. I didn’t ask to be born into this kind of circumstance and I’m tired of being judged for it.
In some ways, Menendez is right of course. It isn’t her “fault” that she was born to parents who “work hard and did much better than they ever expected in their careers.” There is certainly no reason to “hate” her for being lucky enough to have college and grad school paid for, to have the money to buy nice suits and get her hair highlighted. When it comes to accepting these opportunities and privileges, Menendez has done nothing wrong. But I am having a hard time believing that Menendez actually has experienced “backlash” for simply being privileged. Aside from her interpretation of the looks her doorman gives her, Menendez offers no actual examples of the hate she’s received, just blanket statements about people needing to “lay off.” Without any concrete examples, I’m inclined to believe that the “judgment” Menendez feels is actually youthful self absorption making larger conversations about privilege all about her. Keep reading »
I adore my iPhone. So many things I do on a daily basis would be impossible without it and I’m grateful to have one. That said, Apple and I have some issues. Namely, with this iPhone 5c and 5s craziness.
It’s not as though Apple is a stranger to the “shiny new stuff” contest. iPods, MacBooks, and every other product they sell pander to our desire to have the newest and best stuff to show off to your peers. The second you score the latest and best iPad, the countdown begins to the release of an even “better” one that renders yours obsolete.
No surprise there — that’s just how companies make money — but these two new iPhones take the comparison game to a whole new level. In stores today, these two new iPhone models are already having an impact on your status. As soon as they see the color — Red? Gold? – people will immediately know whether you can afford the shiny, brand-new, metallic iPhone, the colored “consolation prize” iPhone, or can’t afford a new one at all. As journalist Jenna Wortham noted on The New York Times‘ Bits blog:
One of the iPhone’s biggest strengths has always been its branding as a luxury item, a device that lends its owner an unparalleled aura of cool and chic. Having the newest iPhone or iPad was an even stronger symbol of status.
Keep reading »
Some extremely lucky person in Lexington, South Carolina bought the winning $400 million Powerball ticket this week. After they consult a financial adviser and put extra locks on their door, this solo winner will get to start pondering a real-life version of that classic fantasy question: What would you buy if you won the lottery? In light of this huge jackpot, we couldn’t resist doing a little pondering ourselves… Read on to find out how The Frisky staff would spend the cash, and share your own Powerball-funded dreams in the comments! Keep reading »
Somehow, despite selling fewer than a million copies of her latest album, Madonna made it to the top of the Forbes 2013 top-earning celebs list. She has her tour to thank: It grossed $305 million. Merchandise sales, her clothing line and fragrance, and investments also helped get her to the No. 1 spot; Forbes estimates she made $125 million between June 2012 and June 2013—more than she’s ever earned since Forbes started the Celebrity 100 list. Read more at Newser…