Hispanics feel confident with financial future

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A recent study shows that, while Hispanic Americans feel more confident about their financial futures than the population in general, they want more financial information and assistance.

A recent study, conducted jointly by New York Life Insurance Co. and market research firm Ipsos Public Affairs, shows 84% of Hispanic adults surveyed expect improvements in their families’ financial lives in the next four years.

That compares to only 68% of the general population, the study shows. But, according to at least one New York Life executive, the more important numbers the study uncovered show a dearth of financial understanding between the two populations. READ MORE

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