America is the home of many different ethical  minorities. The minorities seem to be growing in America. These minorities include Asian Americans and Hispanics. These 2nd generation immigrants suffer from different barriers that leads them to a lack of financial well-being. The barriers include the lack of education, negative stereotypes, and family dynamics. The lack of education is impacted by procrastination and the drop out of school. Many Hispanics and Asian American miss out in college because the need to work to support their family. These minorities are being racial profiled in jobs interviews and questionnaire. Asian Americans and Hispanics are judge because of the pigment of their skin, or where do they look like they are from. Most of these second generation immigrants are experiencing different family dynamics situations. Situations include living in a single parent family. This paper is to research how and why the financial well-being of Asian America and Hispanic is the definition for their happiness, however due to negative stereotypes, family dynamics, and lack of education, these minorities are limited to achieving financial well-being even in present day America.

Annotated Bibliography:

https://www.americanprogress.org/issues/race/report/2010/01/15/7131/the-state-of-minorities-in-the-economy/

Reidenbach, Luke, and Christian E. Weller. “The State of Minorities in the Economy.” Name. N.p., 15 Jan. 2010. Web. 12 Nov. 2014.

“The State of Minorities in Economy” pointed out statistics and facts about different types of minorities including Asian American, African American, and Hispanics in employments, incomes, etc. The statistic shows that the minorities income and employment rates are decreasing. It also shows that there are a huge gap between the minorities and the White Americans when coming to having financial well-being.  It provides what are the barriers.