Hispanic Debt : I love my people but something has to change. Who in this world is going to speak to Hispanics in a loving way? In a way where Hispanics can get educated and know how to take care of their personal finances. I read a lot about Hispanics in Hispanic Business Review, Hispanic Trending, Entrepreneur.com but everywhere I read its about marketing to Hispanics. Everyone wants to know how to Market to Hispanics.
Marketing to Hispanics does not help us build our economy, it does the opposite. If you help Hispanics in the area of Personal Finance, they can earn their way to becoming homeowners instead of renters. Not all Hispanics rent but the majority do. It’s not unusual to find more than one family living in a rented home. First of all, you need a SS# to qualify for a home loan, now how are 1st & 2nd generation Hispanics going to get approved for a loan without a SS#? They won’t qualify so they rent. 2nd & 3rd Generation Hispanics such as myself are homeowners because we have been educated in finance and we qualify for mortgages.
My heart goes out to all Hispanics who are busting their butts, working hard for a living, but using that money for the weekend or to purcahse vehicles. I wish I could sit down with more Hispanics and show them how to retire with dignity, with pride, but more importantly, with money. I’m going to change my family tree forever, will you? -Debt Free Hispanic
I saw you insightful comment on Marc & Angel’s site and wanted to pop in to read more about you.
Being debtfree took us a LONG time but I have to say it is TOTALLY worth the sacrifices. Knowing that we owe no one anything is a peaceful feeling.
We were just in Mexico last week so I understand what you’re saying in this post. The marketing campaigns are relentless…
All of the best,
Stepher
Thanks Stepher, appreciate the comment, it only takes one to start a debt free revolution.