Category: Money
Financial advisor tells Latino families — stop living in “crisis mode”
By Andrés Gutierrez LatinaLista Imagine your child is sick, and the vaccine that would save his life costs $1,000.You have 30 days to come up with the money — but you can’t borrow it. Could you save $1,000 in one month? Of course you could. Why? Priority. For most people, saving money is not a [...]
New report finds CA Latinos experience the most severe rates of underemployment of all races
LatinaLista — If ever there was doubt of whether or not college/vocational training is worth the expense, here comes the latest in what seems like an avalanche of reports detailing just how imperative higher education/training is for today’s worker. The latest report zeroes in on workers in California, yet the report’s authors are quick to [...]
Spotlight Nonprofit: Creating special birthday cakes for kids facing adult challenges
LatinaLista — For a child, there is only one day all year that is special — their birthday. But these are tough times and for too many families birthday parties, complete with pretty cakes are just not in the family budget. That’s where Sweet Blessings comes in. Based in Lexington, Kentucky, volunteer chefs get together [...]
Purple purse campaign empowers abused women to take control of their finances
LatinaLista — Think of domestic violence and images of women bruised and beaten immediately come to mind. Yet, we know there are other types of abusive behavior that leave women just as beaten down. One type of abuse that doesn’t get nearly enough attention is financial abuse. The family’s finances are used to control and [...]
Indigent women of Latin America blaze new trails for themselves, their families and countries
LatinaLista — Inequality between women and men still exists in greater degrees in South America than they do anywhere else in the Western Hemisphere. A review of any telenovela makes the disparity between the sexes immediately apparent and underscores how social attitudes towards women in South America lag behind those of the United States. As [...]
New research shows how vital the role of all Latinos is to the US economy
LatinaLista — The power of political action committees is fierce. One has only to look at the Tea Party to see what happens when determination sets in to elect only like-minded candidates. That’s why news today that a new political action committee was being formed with another laser-specific agenda caught most people off guard. Former [...]
Tuition timeline shows how today’s Latino students less likely to afford college in near future
LatinaLista — In keeping with what is developing as a theme for MediaCasts posts so far this week, the issue of Latino college graduation rates remains troubling. According to a March education conference organized by the College Board, there has been only a 2 percent increase in Latino college graduation rates since 1975. Recent budget [...]
Guest Voz: Latino debt deepens with out of control payday lending
LatinaLista — Hugely disappointing news was released this week regarding just how much the Latino community has suffered from this recession — a drop of 66 percent in household wealth. For too many Latinos, debt has become a way of life. Not because Latinos are big spenders but more because of economic circumstances and because [...]
ALL Latinos suffer the stigma of low household wealth
LatinaLista — Even before today’s release by Pew Social & Demographic Trends announcing the freefall in Latino household wealth, it was known that the recession hit Latinos especially hard. Yet, the real story is that it didn’t hit ALL Latinos the same. While the just published statistics are dramatic in showing that median household wealth [...]
Spotlight Nonprofit: Microfinance loans pair borrowers and donors in partnership to escape poverty
LatinaLista — The practice of microfinance — loaning low-income entrepreneurs small loans to start or help their businesses along — is not a new concept. In fact, it’s been around, with a lot of success, for several years. Microfinance is especially popular in third-world countries where cash is short, need is long and entrepreneurs abundant. [...]
