I recently surveyed nearly 400 community members in my hometown of Pittsburg to determine community issues they would like to address in the coming year. These members consisted primarily of working-class Latino immigrants. When I asked them if they would be interested in addressing financial issues including money management and financial services, many of them did not know what that included or meant. Some would simply answer, "I barely have enough money to pay my bills and get my family through the month. I don’t make enough money to think about investing or other financial services."
This experience proves to me that it is the lack of financial literacy and services that force Latinos to resign to what financial options they currently have, which is not many. I want to help bring clarity and options to my community. Specifically, I want to create innovative services that work around their situations such as being undocumented and language barriers.
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