Financial Education in Latino Communities An Analysis of Programs, Products, and ResultsEffects
In recent years, there has been a considerable rise in public attention on the issues of financial education and financial literacy. Changes within financial markets have created more options for consumers while record-high household and credit card debt as well as a striking increase in bankruptcy filings have elicited greater public concern. For Latinos, financial education is an especially important subject because many remain disconnected from mainstream financial institutions in the United States, and experience with financial tools is essential to long-term economic growth, prosperity, and wealth.