Welcome to the Latin Wealth Podcast — where we empower the Latino community through conversations about entrepreneurship, generational wealth, and financial independence.

In this Wealth Wednesday episode, we dive deep into a culturally loaded question: Do you really need to buy your parents a house? For many first-generation Latinos, there's a strong sense of duty to "pay back" immigrant parents for their sacrifices — often through homeownership. But is this expectation helping us… or setting us back?

We discuss:

- The cultural roots of this financial pressure

- What research says about multigenerational Latino households

- How these expectations are impacting first-gen financial growth

- Smarter ways to honor your parents without derailing your own wealth journey

- Setting financial boundaries and having honest conversations with family

📊 Did you know? 22% of Hispanic homebuyers purchase multigenerational homes — nearly double that of white buyers. The most cited reason? To care for aging parents.

This episode isn’t about turning your back on your family — it’s about building wealth together, without guilt-driven decisions that limit long-term potential.

Let us know in the comments: Did you grow up feeling this pressure? What conversations are you having in your family about money and homeownership?