By Roxanne Vivanco | 07/18/2012 - 18:00
Growing up as a first generation American with Latin born parents, I didn't know what credit was until I got to college. My parents did not rely on credit and paid for everything they purchased in cash. They grew up in South America, where the knowledge of credit was limited and people were wary of credit cards. I remember my parents telling me that credit cards had high interest rates, high annual fees and only wealthy people were suitable to apply. They believed that no credit was good credit -- so that was all I knew.
By Roxanne Vivanco | 06/12/2012 - 19:00
There’s no denying that buying a home is one of the biggest milestones in your life, but can also be one of the most confusing if you don’t have the right tools to help. A recent TD Bank survey found that 66% of women intend to buy a home and 84% of young renters intend to buy a home. Buying a home isn’t for everyone and it’s important to know the benefits of owning a home vs. renting in order to determine what’s right for you. Here are a few things to consider when deciding to take the step to homeownership.
Reasons to Rent:
By Roxanne Vivanco | 05/09/2012 - 14:07
Being informed about your finances is the key to a healthy bank account, but with all the money-related terms out there, talking about it can sometimes feel like a foreign language. Here are a few important tips to learn the lingo on the steps to personal finance success, starting with just A, B, C.
A is for: Assess Your Net Worth
By Latina Staff | 05/01/2012 - 11:58
By Iris Estrada
After the mark of Equal Pay Day on April 17th, the internet has been buzzing with information about the whopping wage gap American women face today.
Numbers show that females within different occupations still make significantly less than their male counterparts, according to the American Association of University Women. Overall, women are making 77 cents for each dollar that a man earns, but statistics vary within different ethnic groups as well.
By Sugey Palomares | 04/30/2012 - 14:42
Latinos are tapping into their 401k plans more than ever before, reports USA Today. The report states that 40% of Latinos have taken hardship withdrawals or loans from their retirement fund.
By Grace Bastidas | 04/17/2012 - 12:04
Whew! You filed your taxes and are completely exhausted. Now you’re thinking it’s time to kick up your feet and relax. Well, think again. Why not get a head start on next year’s returns and avoid all the unnecessary stress that seems to take over your life each April? We consulted with Suzanna de Baca, vice president of wealth strategies for Ameriprise Financial, about how to ease the yearly burden and here’s what she had to say:
Create a Filing System for Documents
By Grace Bastidas | 04/12/2012 - 13:28
Procrastinators beware: Tax Day is right around the corner—April 17 to be exact—so it’s time to take a deep breath and complete your returns. Here are some great last-minute tax tips from Annabella Rodriguez, office manager of H&R Block’s (hrblock.com) Weston, Florida office.
By Damarys Ocaña Perez | 12/21/2011 - 10:05
Sure, that perfume set you’re thinking of getting your best friend or that cashmere sweater for your mom is nice, but will they truly treasure it six months, a year, five years from now? Will you change a Latina’s life by buying it? Probably not.
By Dorkys Ramos | 11/29/2011 - 09:30
Aah, the holidays. A chance to spend time with family, friends and coworkers. But if you get too wrapped up in the Christmas consumerism, it can also lead to quality time with the debt collector. Below, financial advisor Bob Brooks shares his tips on how to avoid digging yourself into a hole this holiday season so the joy doesn’t come to a screeching halt when the bills roll in.
By Fox News Latino | 11/02/2011 - 13:30
At yesterday's Wall Street Summit in New York City, global CEO and corporate director Solomon "Sol" Trujillo gave a landmark, paradigm-shifting keynote speech called "Follow The Money," which put the $1.1 trillion dollar U.S. Hispanic market into a global perspective.