Most Latinos are downbeat about their finances, but many see better times ahead<\/p>\n
As of October 2025, 63% of Hispanics rate their personal financial situation as only fair or poor, while 37% say they\u2019re in good or excellent shape. Despite most seeing their situation negatively, some also have hope for their financial future: Half (50%) say they expect their and their family\u2019s financial situation to improve, while smaller shares expect it to stay the same (33%) or worsen (17%).<\/p>\n
Latinos\u2019 views of their finances have remained mostly negative since last year. However, the views of some partisans have shifted. Among Latinos, Republicans\u2019 and Republican-leaning independents\u2019 ratings of their finances have improved, while the views of Democrats and Democratic leaners are essentially unchanged.<\/p>\n Today, Latinos\u2019 rating of their financial situation varies across other demographic groups:<\/p>\n 91% of upper-income Latinos say their finances are in excellent or good shape, versus 51% of middle- and 21% of lower-income Latinos.<\/p>\n 58% of college graduates rate their finances positively, versus 42% with some college experience and 26% with a high school diploma or less.<\/p>\n 43% of U.S.-born Latinos rate their finances positively, versus 28% of Latino immigrants.<\/p>\n 41% of men rate their finances positively, versus 32% of women.<\/p>\n These demographic differences among Hispanics echo differences among all U.S. adults.<\/p>\n Hispanics are also more likely to rate their current situation negatively than Americans overall (63% vs. 54%). But Hispanics are more optimistic about the future, with a higher share saying they expect their finances to improve (50% vs. 38%).<\/p>\n Latinos\u2019 financial challenges and gains<\/p>\n The survey also asked about specific financial challenges and gains Latinos have experienced in the last year.<\/p>\n Roughly a third of Latinos (36%) say they\u2019ve borrowed money from family or friends in the last year. At least one-in-four also say they\u2019ve struggled to afford daily necessities such as:<\/p>\n Electricity or other utilities (36%)<\/p>\n Food (35%)<\/p>\n Medical care (30%)<\/p>\n Housing (30%)<\/p>\n Transportation (25%)<\/p>\n Notably, Latinos who work full time are just as likely as those who are unemployed to say they\u2019ve struggled to pay for food, medical care and housing. For instance, 30% of full-time workers have had trouble paying their rent or mortgage in the last year, as have 33% of unemployed Latinos.<\/p>\n Still, some Hispanics have also had more positive financial experiences in the last year:<\/p>\n 36% have been able to save money for the future.<\/p>\n 25% have gotten a pay raise at their current job or gotten a better job.<\/p>\n Hispanic Republicans and Democrats are just as likely to say each of these experiences has happened to them in the past year.<\/p>\n Are Latinos prepared for financial emergencies?<\/p>\n One-in-three Latinos (33%) say they have emergency or rainy-day funds that would cover their expenses for three months in case of sickness, job loss, economic downturn or other emergencies.<\/p>\n Some groups of Latinos are more likely to have these funds than others:<\/p>\n Older Latinos are more likely to have an emergency fund. About half of those 65 and older (47%) have this fund, compared with a quarter of adults under 30 (25%).<\/p>\n Those with a college degree are more likely to have an emergency fund (53%) than those who have some college experience (38%) or a high school diploma or less (23%).<\/p>\n Men are more likely than women to have an emergency fund (38% vs. 28%).<\/p>\n Full-time workers are more likely than part-time workers to have an emergency fund (38% vs. 27%).<\/p>\n Similar shares of Latino Republicans and Democrats report having an emergency fund (36% and 33%, respectively).<\/p>\n![\"\"](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/11\/RE_2024.11.24_latinos-trump-policies_3-01.png\")
<\/a><\/p>\n![\"\"](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/11\/RE_2024.11.24_latinos-trump-policies_3-02.png\")
<\/a><\/p>\n
![\"\"](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/11\/RE_2024.11.24_latinos-trump-policies_3-03.png\")
<\/a><\/p>\n