Did you grow up knowing that you were expected to take financial responsibility for more than just yourself?

In episode 5 of the Asian Detox Podcast, TJ explores an expanded version of what generational wealth means to Asian Americans.

When you come from an immigrant family, your perspective on generational wealth is going to be different from the dominant American one. In this episode we explore some Asian American influences on building generational wealth, highlighting in particular:

• How Asian parent expectations and cultural assumptions influence your relationship with money
• Asian American perspectives on generational wealth as compared with how dominant American culture uses that term
• The impact of what we’re taught in childhood about earning, saving and investing money on our journey with money as adults
• The way money circulates in Asian / Asian American families and what that teaches us about sharing the wealth
• The motivating factor of knowing that part of your earnings can support someone else

“That’s how I see generational wealth - it’s not a one-directional thing, it’s not a linear line where you go, grandparents-yourself-kids, it’s not even just towards your kids and your grandparents, it’s not one-directional or even bi-directional; it’s like this big circle.”

TJ Wey

S1 E5, Asian Detox Podcast

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