National Council of La Raza: Publications: Financial Insecurity Amid Growing Wealth: Why Healthier Savings Is Essential to Latino Prosperity

Financial Insecurity Amid Growing Wealth: Why Healthier Savings Is Essential to Latino Prosperity

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Author:	Amy Friedrich and Eric Rodriguez
Contact:	Publications
Date:	Aug 29, 2001
Cost:	$5.00
Code:	IB48
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Topics:	Community and Family Wealth-Building, Employment and Economic Opportunities
Program:	Asset Development Initiative (ADI)
Policies:	Access to Financial Services, Financial Counseling, Homeownership, Protecting Assets and Wealth, Retirement Security

Summary

Examines the low savings rate of Latinos.

Description

Examines the low savings rate of Latinos, what it has meant in terms of their wealth, and how it has negatively affected their overall financial security. The brief also discusses the barriers Hispanics face in saving, and lays out promising strategies and recommendations for policymakers and financial institutions to help increase Latino savings.

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