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A 15th birthday with a $20K price tag

Feb 12, 2024
Quinceañeras bring Latino families together to celebrate a young woman’s 15th birthday. They're getting more lavish — and more costly.
Kailey Cavazos models a dress at the Quince Expo 2024 in Houston. She remembers her quinceañera fondly, especially the song she wrote and sang for her father.
Elizabeth Trovall/Marketplace

For Black and Latino families, inflation can hit even harder

Jan 18, 2023
A recent New York Fed report finds that households in these demographics have experienced higher-than-average rates of inflation.
Black and Latino households tend to spend a larger proportion of their budgets on necessities like food.
Elijah Nouvelage/AFP via Getty Images