Originally Posted: June 9, 2016
Latinos are increasingly optimistic about their finances, a report from the Pew Research Center finds, and that’s good news for the Texas economy.
Although other measures still show that Latinos have lagged behind Americans overall since the recession, economists say those who see their financial situations as promising are more likely to make big purchases, invest in their education or start new businesses.
“This sense of optimism, while it might not quite match other economic indicators, means people are feeling confident enough to purchase a car, save money for their children’s college education,” said Mark Lopez, the study’s author and Pew’s director of Hispanic research.
In other words, your attitude makes a difference in money matters. READ MORE