Family Financial Planning

PWR serves young families of all wealth. We’re committed to helping new parents and young families navigate important financial decisions on their own.

When it comes to financial planning, there’s a lot for parents to contend with – the best ways to handle spending and debt; maintaining a good cash flow; uncovering the best options for investment. With the birth of a new child, as well as raising youngsters, there’s also the need for a bigger house, a bigger car, etc.

The challenges are substantial, whether you’re raising a child together or making your way in the world as a single parent. What’s the right amount of money to save for retirement? And for your child’s college education?

PWR focuses specifically on family financial services. This is our area of expertise and we’re dedicated to simplifying the process for you – in a manner that’s clear and comprehensible every step of the way.

Do you need a Comprehensive Plan? Review our services to see if this is a good fit for you.

 

Your Finances, Your Way

Planning Within Reach is committed to helping you achieve your financial goals. We're here to help, which is why we offer free resources. Download this tip sheet to learn some practical advice on controlling spending.

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5 Myths About Credit Scores for Newlyweds

My Newlywed clients often ask me about how their credit score changes when they get married. I am sharing some of the typical myths I hear and discussing how your credit score is really affected by getting married or divorced. Myth 1: We have a joint credit score as a couple. Credit scores are calculated and given on an individual basis. When you get married, your credit scores do not get merged into one joint score. You will each remain... Read More

Allowances for Children

Age 5 is a common age when parents start thinking about issuing an allowance to children.   The goal with an allowance is to teach children about personal finance and delayed gratification.  Children who practice delayed gratification tend to be more successful in life.  Thankfully, this is a skill that can be acquired with practice.   You may choose to tie the allowance to chores, or not.  There are two schools of thought on the topic, which you can read about here.  Personally, I... Read More