Prepare for the Future

Adding a child can strain the family budget. You'll want to anticipate and plan for the increased expenses. You'll have new concerns, like the best way to save for college, and what that means for reducing your debt or saving for retirement. The Healthy Money Program can help.

With a Healthy Money coach from PricewaterhouseCoopers (PwC) by your side, you can assess your needs and take steps to maintain or improve your financial well-being. (PwC doesn't sell financial products, so you'll receive confidential coaching that's independent, unbiased, and professional.) Healthy Money coaches can coach you on creating and following a budget for your new family, saving for college, increasing your retirement savings and much more.

Check out my Healthy Money for things to think about before and after your new child arrives.

The addition of a new family member is a good time to fine-tune your 401(k) to make sure your contributions and investment strategy are in line with goals for your new family.

Call a Healthy Money coach for ideas on how to balance the added expense of a new child with your 401(k) contributions and investment strategies.

Your child may be too young to be thinking about college, but that time will be here before you know it! Or maybe it's right around the corner. College Coach offers guidance to teens and young adults with college selection, application and financing. Parents of younger children can learn how to help their child develop their study skills. You can also register to take part in online workshops. Call College Coach to schedule an appointment to discuss your education-related questions, including college essay critique and financial aid application.

Bright Horizons' Additional Family Support program also gives you access to discounted tutoring and test prep services at participating vendors.

Each year, the PepsiCo Foundation Family Scholars program awards up to 400 new scholarships for undergraduate study to the children of PepsiCo employees. Awarded on a competitive basis, these scholarships are offered worldwide for study at two- or four-year colleges, universities, and vocational-technical schools.

The PepsiCo Foundation also awards scholarships to children of PepsiCo employees who advance to Finalist status in the National Merit Scholarship Program, who list PepsiCo as their parent’s employer on the Semifinalist application, and whose parents are confirmed as PepsiCo employees during the verification process.