Staffing & Culture | 12.02.22
Latinas Have Struggled To Build Savings, but a Younger Cohort Is Making Gains
Cindy Hounsell, president of the Women’s Institute for a Secure Retirement, started the Latina Savings Project in 2017. The program offers financial education workshops and encourages moderate- and low-income Latinas to save and invest with as little as $20. The first few years of the workshops, Hounsell said, showed positive results: Three-quarters of participants offered the chance to open a savings account at a local credit union signed up. Of those, the majority successfully saved during the six-month period after enrollment.
Read the full article on New York Times