Based on a qualitative study conducted in austerity-stricken Greece, the paper provides a micro-level exploration of the mechanics of intergenerational transmission of (dis)advantage. Utilising the Bourdieusian toolbox, the paper enquires into familial practices through the lens of young people's perceptions, focusing on the mobilisation of capitals, the inculcation and transformation of habitus taking place in the Greek educational field. In-depth interview material unpacks the pedagogic efforts young people and their families make, indicating that these are contingent on the varied volume and composition of capitals and the distinct distances from necessity that in turn constrain or afford the exercise of agency and the investments in the academic market. Further, the analysis sheds light on young people's accounts of educational and occupational expectations illustrating how these are tightly interweaved with familial legacies and parental wishes, and underpinned by the projects of distinction, mobility and respectability through education.