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Hispanic Grads Financially Savvy – OnlineBusinessDegree.org

The majority of Hispanic college graduates consider themselves to be disciplined financial planners, according to research released by Northwestern Mutual and conducted by independent research firm Ipsos.

The research reveals that – in regards to their financial planning habits – 62% of Hispanic college graduates consider themselves to be disciplined or highly disciplined.

Additionally, the research finds that 72% of college-educated Hispanic males and 73% of Hispanic young adults aged 18-34 are more likely to consider themselves disciplined financial planners. Comparatively, only 42% of college-educated Hispanic women and 44% of Hispanics aged 55 and older consider themselves informal planners.

Sixty-seven percent of Hispanics who are married and college-educated are more likely to have a financial plan in place, compared to 46% who are not married. The research further finds that 77% of Hispanics with an MBA consider themselves disciplined financial planners.

Northwestern Mutual released a similar report recently, which examined how disciplined financial planners African Americans considered themselves to be.

Follow Valerie Jones on Twitter @ValerieJonesCMN

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