The Failure of Traditional Banking - This situation is due, in part, to Hispanics general lack of financial education. Many of them were without accounts in their countries of origin, and believe that these institutions are only useful for the rich. Curiously, Latin American immigrants to Spain do, in fact, enter the financial system. Thus, questions arise over failures in the U.S. institutions.
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Know Where Your Cash Is Spent - You can’t even begin to save a dime until you know exactly where your cash is going. A lot of people advocate paying for everything in money. Cash is just about the hardest thing to keep track of. You spend a little bit here, you spend a bit there and pretty soon you can’t remember where all of it went at the end of the day. |
Social Security Direct Express Program - Following in the U.S. Department of the Treasury’s footsteps, Social Security offices are now offering Social Security and Supplemental Security Income recipients an opportunity to receive their federal benefit payment directly onto a prepaid card called Direct Express.
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Deposit Of Payroll Growing Amongst USA Latinos - A recent study showed that latinos living in the United States are increasingly using direct deposit as the preferred option to accept payroll from their employer(s).
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Jobs in New Jersey - Around 5 every morning, Jorge Lopez, 25, and Manuel Lopez, 22, make their way from their homes to the muster zone to wait for work.
They post their names on the list used to keep track of each day laborer's arrival time — the first one there gets the first shot at a job.
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Latin America Decline - The amount of money sent home to families in Latin American countries by relatives living abroad is projected to grow by its slowest rate on record this year, according to a report to be released today by the Washington bank that tracks such transfers.
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Mexico Financial Institutions are Protected - Mexico's financial system is well protected from the U.S. credit crisis but its economy is in danger of suffering from lower exports and remittances.
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