I come from a Mexican American family and that practice is a European practice that you don't borrow money, you save money and you pay for it in cash.
Rubén Hinojosa: “I come from a Mexican American family and that practice is a European practice that you don't borrow money, you save…”
Editor's note · Context
Hinojosa discusses cultural differences in financial practices regarding borrowing and saving.
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Just last month, we celebrated six years since ACA's enactment and celebrated the 20 million previously uninsured Americans who now have access to quality, affordable coverage.
I thank the gentleman. I gladly accept his offer, and I look forward to working together to promote financial literacy, especially with respect to auto financing. Mr. Chairman, I urge my colleagues to support H.R. 1737.
But it was interesting to me that the same arguments that I hear my friends on the other side of the aisle that businesses will close and things will go to hell just didn't pan out.
We sell our families short when we accept that high-interest loans are the best we can do for our communities.





