Latinos, Literacy & Wealth

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Factuality

Ownership

Latinos, Literacy & Wealth

The wealth gap between non-Latino families and Latino families in the United States is significant, with non-Latino families accumulating five times more wealth on average. Latinos face various challenges in building wealth and acquiring financial literacy, including a lack of intergenerational wealth transfer and financial literacy within Latino families, a lack of financial education platforms, racial disparities, limited access to capital, la…