NAHREP and the Hispanic Wealth Project, Inc. are finalizing a report on the state of Hispanic wealth in America. The report will be built around an in-depth survey on family wealth taken by several hundred Latino families that includes how their financial position has been impacted by COVID-19. So, what are we hoping to learn from the study? Among other things, I hope to better understand what forms Latino families are holding their assets today, what they tend to do with extra money, how they have rallied together to deal with the devastations of COVID-19, and how immigrant families may differ from U.S.-born households.
A 2013 Pew study indicated that Hispanic families lost two-thirds of their median household wealth during the great recession. In fact, it was that study that inspired us to create the Hispanic Wealth Project and establish a goal to triple Latino household wealth within ten years. I am also anxious to see if Latino families are better prepared for a recession this time around. There is no perfect Spanish language translation for the word wealth, which says quite a bit about the cultural relationship that Latinos have with money. The subject of household wealth is central to the NAHREP mission statement and has galvanized our membership more than anything ever has. We have work to do, but I hope to learn how much progress has been made – and more importantly, how much America’s prosperity is tied to Latino prosperity. The report will be released during the NAHREP at L’ATTITUDE convention in September.
To many of us, mass deportations are traumatic and unjust—but they may also force the country to face an uncomfortable truth: our economy runs on immigrant labor. In this episode, I explore how this crisis could spark the kind of national reckoning we’ve needed for decades.
Telling Latinos to prioritize family may sound like preaching to the choir—but when you’re chasing big goals, it’s easy to drift. In this episode, I share why presence isn’t just about responsibility—it’s a source of inspiration, passion, and long-term power. Family and success aren’t opposites—they’re fuel for each other.
Nobody makes it on their own. In this episode, I talk about why generosity—whether it’s time, wisdom, or resources—is one of the most important disciplines we can develop. Latinos are generous by nature, but we often limit that generosity to our families. I share why expanding that generosity beyond our inner circle strengthens our purpose, our community, and our impact.