Bati Richès pou Pitit ou: Building Wealth That Outlives You | Jacky Petit-Homme CFP, CEPA

Nou travay di — we work hard. We send money home. We sacrifice so our children have more than we did. But for many families in the Haitian diaspora, wealth resets at every generation, not because of a lack of effort, but because the tools, structures, and conversations that make wealth transferable were never put in place. In this episode of Edikasyon se Richès, we sit down with Jacky Petit-Homme, CFP, CEPA, a financial advisor who works with diverse communities, including immigrant families to talk about the real mechanics of building generational wealth, not the Instagram version, the real one. We cover:•       Why budgeting and an emergency fund are the non-negotiable foundation, and how to build them even when you're sending remittances•       The retirement accounts most people in our community aren't using, and how a 401(k) match is literally free money you may be leaving behind•       What happens to your assets when you die without a will in the United States, and what to do about it•       The difference between a will, a trust, and a beneficiary designation, and which one your family actually needs•       Life insurance: what it's really for, and why the wrong kind can cost your family more than it gives them•       How to teach your children about money so that the knowledge transfers, not just the assets Edikasyon se richès; and this episode is that education. Whether you're just starting out or looking to formalize what you've already built, this conversation is for you. Guest: Jacky L Petit-Homme, CFP®, CEPA®@ Liberty One Wealth Advisors | Certified Exit PlannerLinkedin: https://www.linkedin.com/in/jackyph/Book an Appointment with Jacky Petit-Homme: https://calendly.com/jackyp/intro?month=2026-03Chapters00:00 Introduction to Financial Literacy03:35 Personal Journey into Financial Advising06:19 Challenges in the Haitian Community08:39 Balancing Remittances and Wealth Building11:04 Mistakes of the Younger Generation13:20 Debt Management and Investment Mindset16:01 Emergency Funds: A Financial Safety Net19:48 Understanding Retirement Plans25:04 Tax Implications of Retirement Contributions29:34 Real Estate: Investment or Liability?33:46 First Steps into Stock Market Investing36:40 The Changing Landscape of Investment Accessibility36:42 Starting Small: The Power of Investment39:53 The Importance of Wills and Estate Planning44:20 Wills vs. Trusts: Understanding Your Options48:09 Life Insurance: Term vs. Whole Life53:00 Beneficiary Designations: Common Mistakes56:37 Business Continuity: Planning for the Future59:37 Taking Control of Your Financial Future