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

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Bibliographic Details
Title: Expansion of a Financial Education and Family Asset Protection Program for Latinos in Rural Minnesota
Language: English
Authors: Antonio Alba-Meraz, Aysegul Baltaci, Carolina De La Rosa Mateo, Gabriela Burk, Jose Lamas, Francisca Mendoza, Monica Cruz-Zorrilla, Oswaldo Cabrera-Vidal
Source: Journal of Human Sciences & Extension. 2021 9(2):96-114.
Availability: School of Human Sciences, Mississippi State University. PO Box 9745, Mississippi State, MS 39762. Tel: 662-325-6861; Fax: 662-325-8188; e-mail: jhse@ext.msstate.edu; Web site: https://scholarsjunction.msstate.edu/jhse/
Peer Reviewed: Y
Page Count: 21
Publication Date: 2021
Document Type: Journal Articles
Reports - Research
Education Level: Higher Education
Postsecondary Education
Descriptors: Rural Areas, Extension Education, Hispanic American Students, Financial Education, Ownership, Family and Consumer Sciences, Family (Sociological Unit), Partnerships in Education, Universities, Consumer Education, Mexican Americans, Low Income, Financial Literacy, Program Effectiveness, Participant Characteristics, Attitudes, School Community Relationship, Bilingualism, Biculturalism, Culturally Relevant Education, Educational Resources, Spanish
Geographic Terms: Minnesota (Saint Paul)
ISSN: 2325-5226
Abstract: 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.
Abstractor: As Provided
Entry Date: 2025
Accession Number: EJ1467579
Database: ERIC
Description
Abstract: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.
ISSN:2325-5226