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I'm latino and I've noticed that are there is quite a difference between "US Born Latinos" and "Immigrants/Naturalized Latinos". I've noticed that a majority of latinos who were not born here have the mentality to "save money" and/or invest it (buying a house/ buy land back home/create a business/feed the savings account/etc). On the other hand, I've noticed that latinos born here do not care as much as saving money as those who grew up in other countries.
As far as saving money among other races, I think AGE is a deciding factor in all races. The majority of young dudes (20-mid 20's) are more interested in their image/status (having a nice apt, nice car, clothes, etc) - this affects all races. At the same time, folks in their 30's and up are more careful about their money no matter what their race is.
As far as saving money among other races, I think AGE is a deciding factor in all races. The majority of young dudes (20-mid 20's) are more interested in their image/status (having a nice apt, nice car, clothes, etc) - this affects all races. At the same time, folks in their 30's and up are more careful about their money no matter what their race is.