Bridging the Gap: Building a Community of Financial Well-being

2018 AFCPE® Research and Training Symposium

AFCPE Pre-Symposium: Monday, November 12 - Wednesday, November 14
AFCPE Symposium: Wednesday, November 14 - Friday, November 16
Schedule Subject to Change

Title: Factors and Implications of Financial Socialization of Black Immigrant Women
Wednesday, November 15th, 2017
The purpose of this study is to investigate the factors and implications of black-Caribbean and African women's financial socialization. Sixteen black-Caribbean and African immigrant women were interviewed to understand their financial socialization. Analysis of the data show four major themes in participants' financial socialization: (a) observation of household financial hardships, (b) guided financial management instruction, (c) the importance of saving, and (d) equal parental financial socialization involvement. Financial counselors, planners, and educators can use the results to better understand cultural influence on financial management behaviors of black immigrant women.
Session Handouts: 122671-2-47069.docx 

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