Nicole Acevedo is a reporter for NBC Latino.
A new study is shedding light on the financial challenges people in Puerto Rico face as a result of the economic turmoil they have endured since the Great Recession. Findings from the National Financial Capability Study published in a report Thursday show that many adults in the U.S. territory struggle to make ends meet despite reporting relatively low levels of debt. This is particularly true among those who are younger, have lower household incomes and lack a four-year college degree.
Forty-one percent reported having emergency savings, compared to 53% of adults in the States.Thirty-five percent of adults in Puerto Rico report owning an employer-based or independent retirement account, substantially lower than in the U.S. mainland, where 57% of adults say they own one.
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