As we method monetary literacy month, Intuit is shining a lightweight on the dearth of economic sources and training accessible, particularly inside the Latino neighborhood. We’re serving to the subsequent technology of Latinos construct brighter futures and lifelong success by changing into higher ready for jobs of the longer term by means of the event of robust, sturdy expertise, together with private finance expertise.
In partnership with SWNS, we surveyed Latinos to know how we will “Bridge The Monetary Literacy Hole”. Findings point out that Latinos consider that monetary conversations early in life, entry to monetary sources, and financial assist may assist pave the best way.
The survey examine was carried out as a part of our #LeadingConEducación scholarship job readiness program, an initiative that goals to empower the subsequent technology of Latino professionals by giving them the instruments wanted to take management of their funds, whereas offering financial assist to realize their instructional objectives. This system disburses grants and scholarships in partnership with the Hispanic Heritage Basis and EverFi.
Listed below are Prime Findings From The Survey :
- 67% of Latinos had been much less prone to discuss to their dad and mom about cash than 81% of non-Latinos.
- 50% of Latinos mentioned the dearth of this dialog made it tougher to determine the best way to finance their training.
- 60% of Latinos mentioned their lack of economic sources didn’t permit them to save cash to finish a university training.
- 23% of Latinos don’t plan to finish a bachelor’s diploma as a result of they’ll’t afford faculty tuition and college provides.
- 21% of Latinos have accomplished a bachelor’s diploma in comparison with 37% of non-Latinos (16% much less).
- 71% of Latinos assume monetary assist – reminiscent of scholarships or instructional grants – offered by firms are helpful to propel the way forward for Latino college students.
TurboTax #LeadingConEducación Scholarship Program
We acknowledge the position of training and monetary literacy in serving to Latinos tear down the boundaries that maintain them from financial development. We’re proud to be increasing our dedication and assist the subsequent technology of Latinos professionals by being part of their instructional journey.
To study extra about our scholarship job readiness program and apply for an academic grant, you possibly can go to the #LeadingConEducación web page.
Infographic: Bridging The Monetary Literacy Hole
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