Professional Advice for Hispanic Home Buyers


By Ernie Diaz
Senior Vice President, TD Bank

A recent national survey by Fannie Mae revealed that Hispanics place more value on the idea of homeownership than all Americans, and 73 percent of Latinos believe that owning a home  is a good way to build wealth to pass along to their families. However, trends suggest Hispanics are more likely to lack basic financial literacy skills, which can hamper the community’s home buying and long-term financial success.

Save Money on Back-to-School Shopping

By Matt Chevalier
For NewsUSA

Once again, millions of parents and kids are hitting stores for the annual back-to-school shopping season, complete with long lines and even longer receipts. According to the National Retail Federation (NRF), the average person spent about $603 on everything from school supplies and apparel to electronics and footwear for back-to-school last year.

The NRF also cites a BIGinsight study that found that 80.4 percent of people with school-aged children say the economy will impact their spending plans this year. For parents, finding ways to cut corners on back-to-school spending can be challenging, but there are simple, easy-to-follow ways to reduce the impact on your wallet.

How to Teach Your Kids About Money

Studies have shown that parents have the greatest influence on their children’s financial habits, and now, more than ever, mothers and fathers are taking the primary role in educating kids about healthy money management.

“Most financial experts agree there is a need for financial discussions among families to avoid or soften potential future economic upheavals,” says Suzanne Poole, executive vice president, retail sales strategy, TD Bank. “According to a recent financial literacy poll by TD Bank, only 50 percent of families report having weekly conversations with their children, even though there are easy ways to incorporate tips about money in everyday conversation.”