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Pagans and finance [Jul. 30th, 2009|02:07 pm]
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Hello all! I've been pondering something & I figured this would be a good place to put out some feelers and see what the rest of the (neo-Pagan) world thinks.

I've been wondering if there are any Pagan-specific financial issues. I work in the mortgage industry and I had a borrower who happened to find out that I was Wiccan. Thankfully the result was positive in that she was also and was actually tickled pink to find out that she was working with another Wiccan. But in talking to her I got to thinking about do Wiccans/Pagans have special financial needs?

I can think of several issues that very much overlap the LBGT and polyamorous groups of the general population. Things like getting mortgages when you're not legally married or there's more than two people and what title/ownership implications there are for that (nothing that can't be worked around easily these days, but still there are implications).

What about buying a covenstead - how would you finance that? It's not really a second home. How would you handle it if you had 13 people all wanting to hold partial title and contribute to the mortgage payment each month?

Are there other issues I'm not seeing? I only work in mortgage, so I don't know what other finance issues Wiccans and Pagans might have. I guess I'm trying to figure out how financial institutions could be supportive of the Pagan population.

X-posted to my personal journal.

[User Picture]From: ladymandrake
2009-07-30 07:23 pm (UTC)
Our coven had actually looked into buying property together, we found that we would have to incorporate and buy the property under that incorporation.

Harder and more costly, but honestly protects everyone's butts.
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[User Picture]From: wilhelmina_d
2009-07-30 08:40 pm (UTC)
Hmm... interesting. Thank you for sharing that. Can you think of any other financial issues that would specifically affect Pagans?
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[User Picture]From: seaivy
2009-07-30 07:40 pm (UTC)
I think any group larger than three would need to be a legal entity. Not hard to do depending on the state you live in. Becoming a non-profit 501(c) 3 is harder but not impossible.

Any one buying anything should have legal advice ( and I'm not a lawyer). But much better to be safe than to be impulsive and sorry. Buying property involves legal contracts.
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[User Picture]From: wilhelmina_d
2009-07-30 08:41 pm (UTC)
Oh, true, true. That was just one example though of a financial issue that could specifically affect Pagans. Can you think of any other financial issues that would affect Pagans (while not affecting other groups)?
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[User Picture]From: dalbino83
2009-07-30 09:12 pm (UTC)
Buying a church, or a place for public ritual, retreats, etc?

I think one thing that will be an issue in the next 10 or 20 years will be establishing a pagan cemetery. People will want to have their own blessed land for memorials and/or burial.
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[User Picture]From: wilhelmina_d
2009-07-30 11:34 pm (UTC)
Oh, wow. I hadn't even thought about cemetaries! That's a good thought.
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