ABSTRACT

This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book addresses the financial capability of incarcerated women, Latinos, older Asian immigrants, and migrant Chinese workers. It focuses on Latinos, the largest minority population in the United States. This population also faces major barriers to financial well-being, including, but not limited to the fact that 20" of the US Latino population is unbanked, with no relationship to a bank or credit union. The book also focuses on the Latino experience, Padua and Doran provide answers to the question about which external conditions promote financial capability among Latinos in, "From being unbanked to becoming unbanked or unbankable: Community experts describe financial practices of Latinos in East Los Angeles". It provides evidence to guide financial capability and asset building (FCAB) practitioners in their efforts to provide community interventions and further develop the field, as well as to FCAB scholars for future research.