Expansion of a Financial Education and Family Asset Protection Program for Latinos in Rural Minnesota

The University of Minnesota Extension, in partnership with the Consulate of Mexico in Saint Paul, Minnesota, expanded the Ventanilla de Asesoría Financiera -Financial Education and Family Asset Protection Program to serve families in rural areas. The financial education services were expanded to 25...

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Main Authors: Antonio Alba-Meraz, Aysegul Baltaci, Carolina De La Rosa Mateo, Gabriela Burk, Jose Lamas, Francisca Mendoza, Monica Cruz-Zorrilla, Oswaldo Cabrera-Vidal
Format: Article
Language:English
Published: Mississippi State University 2021-06-01
Series:Journal of Human Sciences and Extension
Subjects:
Online Access:https://scholarsjunction.msstate.edu/jhse/vol9/iss2/6/
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author Antonio Alba-Meraz
Aysegul Baltaci
Carolina De La Rosa Mateo
Gabriela Burk
Jose Lamas
Francisca Mendoza
Monica Cruz-Zorrilla
Oswaldo Cabrera-Vidal
author_facet Antonio Alba-Meraz
Aysegul Baltaci
Carolina De La Rosa Mateo
Gabriela Burk
Jose Lamas
Francisca Mendoza
Monica Cruz-Zorrilla
Oswaldo Cabrera-Vidal
author_sort Antonio Alba-Meraz
collection DOAJ
description The University of Minnesota Extension, in partnership with the Consulate of Mexico in Saint Paul, Minnesota, expanded the Ventanilla de Asesoría Financiera -Financial Education and Family Asset Protection Program to serve families in rural areas. The financial education services were expanded to 25 rural counties in Minnesota during 2017 and 2018. Participants were primarily low-income Latino families of Mexican ancestry. The program consisted of financial literacy education workshops and one-to-one meetings to build and protect participant assets. Participants reported an increase in their confidence in five financial core topics. Conditions for the success of this program were (a) the existing trusted and respectful relationships between the educators and participants and supportive community partners; (b) a family-based educational approach; (c) a team of bilingual, bicultural educators; and (d) culturally adapted and relevant Spanish language educational resources.
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spelling doaj.art-0be5bfd19014418387fe01daf95906652022-12-22T03:43:47ZengMississippi State UniversityJournal of Human Sciences and Extension2325-52262021-06-0192119https://doi.org/10.54718/OVLA3791Expansion of a Financial Education and Family Asset Protection Program for Latinos in Rural MinnesotaAntonio Alba-Meraz0Aysegul Baltaci1Carolina De La Rosa Mateo2Gabriela Burk3Jose Lamas4Francisca Mendoza5Monica Cruz-Zorrilla6Oswaldo Cabrera-Vidal7University of Minnesota ExtensionUniversity of MinnesotaHispanic Advocacy and Community Empowerment through ResearchUniversity of MinnesotaUniversity of MinnesotaUniversity of MinnesotaHispanic Advocacy and Community Empowerment through ResearchConsulate of Mexico in Saint PaulThe University of Minnesota Extension, in partnership with the Consulate of Mexico in Saint Paul, Minnesota, expanded the Ventanilla de Asesoría Financiera -Financial Education and Family Asset Protection Program to serve families in rural areas. The financial education services were expanded to 25 rural counties in Minnesota during 2017 and 2018. Participants were primarily low-income Latino families of Mexican ancestry. The program consisted of financial literacy education workshops and one-to-one meetings to build and protect participant assets. Participants reported an increase in their confidence in five financial core topics. Conditions for the success of this program were (a) the existing trusted and respectful relationships between the educators and participants and supportive community partners; (b) a family-based educational approach; (c) a team of bilingual, bicultural educators; and (d) culturally adapted and relevant Spanish language educational resources. https://scholarsjunction.msstate.edu/jhse/vol9/iss2/6/latinoslatinashispanicsmexican americansfinancial literacyfinancial capabilityadult educationimmigrants
spellingShingle Antonio Alba-Meraz
Aysegul Baltaci
Carolina De La Rosa Mateo
Gabriela Burk
Jose Lamas
Francisca Mendoza
Monica Cruz-Zorrilla
Oswaldo Cabrera-Vidal
Expansion of a Financial Education and Family Asset Protection Program for Latinos in Rural Minnesota
Journal of Human Sciences and Extension
latinos
latinas
hispanics
mexican americans
financial literacy
financial capability
adult education
immigrants
title Expansion of a Financial Education and Family Asset Protection Program for Latinos in Rural Minnesota
title_full Expansion of a Financial Education and Family Asset Protection Program for Latinos in Rural Minnesota
title_fullStr Expansion of a Financial Education and Family Asset Protection Program for Latinos in Rural Minnesota
title_full_unstemmed Expansion of a Financial Education and Family Asset Protection Program for Latinos in Rural Minnesota
title_short Expansion of a Financial Education and Family Asset Protection Program for Latinos in Rural Minnesota
title_sort expansion of a financial education and family asset protection program for latinos in rural minnesota
topic latinos
latinas
hispanics
mexican americans
financial literacy
financial capability
adult education
immigrants
url https://scholarsjunction.msstate.edu/jhse/vol9/iss2/6/
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