SOURCE: Consolidated Credit

Consolidated Credit

April 23, 2014 07:14 ET

US Hispanics Are Doers Not Just Dreamers, Says Consolidated Credit

FORT LAUDERDALE, FL--(Marketwired - Apr 23, 2014) - As reported by Rachel Campos-Duffy, spokesperson for THE LIBRE INITIATIVE, Hispanics in the US remain "stubbornly" attracted to the ideas of economic liberty, self-reliance, and entrepreneurship. Consolidated Credit shares that sentiment and believes that for Hispanic Americans to continue growing and thriving as a segment of the American population, they have to keep improving their personal finances through financial education and gaining knowledge on how to manage debt and use money, including tax refunds.

Doing Beyond Dreaming -- If you are a Latino living in the US, you know the importance of financial education, especially first generation of immigrants. Financial education involves learning all aspects of planning one's financial future, including, but not limited to:

  • Setting financial goals
  • Creating budgets
  • Planning for retirement

To read more about this topic: Latinos Investing in Financial Education Become Smarter Financial Consumers

Quick Tips for Latinos to Tax Preparation and Debt Cancellation -- If you are Hispanic-American expecting a tax refund in 2014, it's tempting to use the money on something fun like a vacation to the Caribbean, a visit to a friend or relative in Latin America, or the latest tablet or high-tech gadget. However, there are reasons why using your federal tax refund to pay down your credit card debt is in your best interest. Also important is to avoid false tax returns, and sustain your financial health beyond tax season.

  • Debt cancellation and taxes
  • Avoid false tax returns
  • Power Up beyond tax season

Experts at Consolidated Credit Counseling Services, Inc. offer the following advice when it comes to tax preparation:

  • Choose a reliable tax preparer
  • Avoid over-reporting the amount of deductions
  • Be aware of phishing

An important part of your financial education involves learning to avoid debt problems that can hinder your financial future. With the advice found in the book "Power Up" by Howard S. Dvorkin, you'll learn how to:

  • Avoid emotional buying
  • Avoid materialistic or competitive consumption to keep up with the Joneses
  • Avoid buying what you can't maintain

See Tools and Other Financial Resources * [ver en español]

About Consolidated Credit:
Consolidated Credit ( is one of the nation's largest credit counseling and has helped over 5 million people over more than 20 years with financial issues. Their mission is to assist families throughout the United States in ending financial crisis and solving money management problems through education and professional counseling.

Contact Information

  • Contact
    April Lewis-Parks
    Consolidated Credit Counseling Services, Inc.
    Tel. 954-377-9344
    Email Contact