Culture and Resources
Families make different decisions depending on the resources that they have access to. Culture has a big influence on how individuals utilize resources. If you were raised not to use a bank account, for example, you may find yourself facing day-to-day challenges that are different from you neighbor of a different culture.
If you or your organization assist others with personal, financial, and/or community resource use, it's important to understand the relationship between culture and resources.
During 2015 the Latino Financial Literacy Team conducted 105 direct delivery classes engaging 2,2026 participants. (480 K PDF)
Building Awareness of Culture & Resources — Take-and-teach curriculum to help people expand family-serving professionals' capacity and broaden their perceptions of culture and resources. Available as free downloads.
Paying Cash: A Common Practice? — Find out who pays with cash and why, and what the advantages are for consumers to pay with bank services.
Payment Options: What's Right for You? — Find out what cashless payment methods are available and how to conduct commercial transactions safely.
Being Unbanked: What Is It? What Are the Implications? — Increase your awareness of the unbanked population and the issues that surround their situation.
Consulates in Minnesota — Review the three consulates available in Minnesota and get an overview of the 30 countries that comprise the Minnesota Consular Corps.
Sending Money Home: Remittance — Find out about remittances, the challenges of remittances, and why remittances are sent; particularly useful for people working with Latino groups.
Dollar Works 2 — Teach others how to manage their personal finances and make sound decisions with money. Resources in English and Spanish.
Supporting Agriculture Workers from Mexico: Balancing Work and Family Demands — University of Minnesota Extension and Department of Family Social Science — Short videos, lesson plans, and activities help agriculture-sector employers better understand and support their workers from Spanish-speaking countries.
Additional Resources for Latino Families and Their Employers — Lists online resources in the areas of education and literacy, interpreting, human rights and immigration, and more.