Sheraton Uptown, Albuquerque, NM, USA
Saturday, April 22 • 4:30pm - 5:30pm
203-Intergenerational Transmission of Financial Values Among Mexican American Young Adults

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Existing literature on financial literacy and practices generally concludes lower financial literacy and less preferred financial practices among Hispanic young adults compared to their non-Hispanic counterparts. The data for this mixed-method study came from interviews and a survey of young adults living in Southern California who identified themselves as Mexican Americans (n=16). We assessed how and what these young adults learned about financial management from their parents while growing up using axial coding. Overall, these young adults learned a great deal about money management and the importance of putting their family first. In conclusion, what these young adults defined as ideal practices partially match and partially mismatch the conventional ideals.

Speakers & Presenters

Yi Cai

Associate Professor, California State University, Northridge

Lisa Dalati

Graduate Assistant, California State University Northridge

Joan Koonce

Professor, University of Georgia

Yoko Mimura

Associate Professor, California State University Northridge

Scott Plunkett

Professor, California State University Northridge

Stephanie Short

PhD Candidate, University of Georgia

Nefize Yazici

Research Assistant, California State University Northridge

Saturday April 22, 2017 4:30pm - 5:30pm

Attendees (2)