Wednesday, November 14th, 2018
Financial Education Needs of Immigrant Women: A Focus on Caribbean Immigrants in the United States
Immigrant women face multiple unique challenges to their financial well-being (Vesely, Goodman, Ewaida & Kearney, 2015). Immigrants also are more likely to be without a checking or savings account when compared to native-born Americans (Bohn & Pearlman, 2013; Herrick, 2009; Rhine & Greene, 2006). Furthermore, research on gender and money management has shown that women are less likely to understand financial concepts, and they often have lower risk tolerances than men (Bucher-Koenen et al., 2017; Fisher et al., 2017). This research project focuses on the financial education needs of Caribbean immigrant women to understand how financial education programs should be tailored to support their short-term and long-term goals.