Understanding the Long-Term Benefits of a Latino Financial Literacy Education Program

Authors

Antonio Alba Meraz, University of Minnesota Extension, MankatoFollow
Cindy M. Petersen, University of Minnesota Extension, MinneapolisFollow
Mary S. Marczak, University of Minnesota Extension, St. PaulFollow
Arthur Brown, University of Minnesota, St. PaulFollow
Neeraj Rajasekar, University of MinnesotaFollow

Volume

51

Issue

6

DOI

10.34068/joe.51.06.04

Abstract

The long-term impact of a Latino financial literacy program was evaluated with a sample of relatively recent immigrant populations in southern Minnesota. Telephone and face-to-face interviews were conducted with participants 6 months post program completion. Results indicate that improvements in knowledge and skills were retained and that these learning were applied to make improvements in participants' financial situations. Participants acknowledged that more important than gaining knowledge was learning how to apply what they have learned. Implications for Extension are offered in terms of those factors that promoted the effectiveness of the financial literacy education.

Creative Commons License

This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 4.0 License.

Recommended Citation

Meraz, A. A., Petersen, C. M., Marczak, M. S., Brown, A., & Rajasekar, N. (2013). Understanding the Long-Term Benefits of a Latino Financial Literacy Education Program. The Journal of Extension, 51(6), Article 4. https://doi.org/10.34068/joe.51.06.04