Race, Ethnicity, and the Financial Lives of Young Adults: Exploring Disparities in Financial Health Outcomes
Author: Cathy Cohen, Jonathan Lykes, Karla Henriquez, Matthew Fowler, Thea Garon
Topic: Financial well-being
Publisher: Financial Health Network
Location: United States
Format: Report
Content Type: Research
Publication Date: October 20, 2020

Young adults of color, particularly those who are Black and Latinx, have borne a disproportionate share of economic hardship, as decades of systemic racism have made their communities more vulnerable to the effects of these crises. This report shares new data on the financial lives of young adults, focusing on Black and Latinx young adults, in order to inform policies, programs, and solutions that can improve financial health for all.

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