Nearly all Hispanics (95%) are saving money in 2010, according to Coinstar. Most (71%) put money into savings accounts, and 55% accumulate change in a piggy bank or other container. 
About two thirds of Hispanic men (65%) put a portion of their income into savings each month; on average, they save 14% of their salary. Fewer women (59%) save a portion of their income, and they also average less, putting 10% into savings each month.
The vast majority of Hispanics who are taking a new approach to finances in the coming year are planning to save more (89%), compared to only 8% who expect to spend more. Nearly six in 10 (59%) reevaluate their household expenses each week to make sure they’re staying on track.
Source: “Hispanic National Currency Poll,” Coinstar, Sarah Jones, 1800 114th Ave SE, Bellevue, WA 98004; 425-943-8121; sjones@coinstar.com; www.coinstar.com. Price: Available online at no charge.
© Copyright 2011, EPM Communications, Inc. May not be reproduced without written consent of publisher.