Financial Counseling: A Meaningful Strategy for Building Wealth in the Latino Community

Author:	Beatriz Ibarra
Contact:	Beatriz Ibarra
Date:	Dec 15, 2005
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Topic:	Community and Family Wealth-Building
Policy:	Financial Counseling
Region:	Northeast, Southeast, Midwest, Texas, Far West, California - Los Angeles, Puerto Rico, California - Sacramento, DC

Summary

The report shows that current policies to improve financial literacy for Latinos fail to include one-on-one financial counseling programs, the linchpin of any strategy to close the wealth gap for Hispanics. Financial Counseling: A Meaningful Strategy for Building Wealth in the Latino Community provides specific policy recommendations on how to increase programs proven to improve financial decision-making of Hispanics – especially the more than 14.5 million who lack a basic checking account.

Para una copia de la introducción del informe en español, haga clic aquí.