Hispanics and Money Management - US - May 2016
"The majority of Hispanic consumers tend to be optimistic about how they are doing financially, as their households are able to save money each month. However, Hispanics tend to lack clear financial goals and their distrust of institutions means they are not using them to their full potential."
- Juan Ruiz, Director of Hispanic Insights
This report looks at the following areas:
Hispanics households save money, but don’t make it grow
Less-affluent Hispanics hesitant to adopt payment cards
What is purchased influences the payment methods Hispanics use