How to Save Money Like an Immigrant  It happens everywhere:
Latinos arrive in a new American town, work and save like crazy,
and within a few years, voilà! They’re opening businesses and
buying homes. At a time when the rest of us are choking on major
credit card debts, immigrants often save a fifth or more of
their income and are 30 percent more likely than nonimmigrants
to open a business.  How do they do it when the average
immigrant earns just $11 an hour? It’s simple: While most
transplants start out poor in funds, they are rich in social
ties and draw on personal relationships—not high-interest
loans—to save, spend and build up their money.  Following these
six simple cues from our immigrant brethren might just be the
best thing you ever do for your wallet.  Share this  Like this
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