Managing Your Children's Expenses After Divorce: An In-Depth Look at Onward App's Features and Benefits

Today we are joined by CEO and Founder of the Onward App, Jacklyn Rome. Jacklyn talks with us about the fantastic app that she has created and her vision behind it. She dives into the details that the app provides and how co-parents can use it to keep the financial stress away. With money and expenses being one of the biggest causes of disagreements in co-parenting situations her app can be a life saver when it comes to keeping the peace. Tune in today to learn more about Onward and the benefits for your co-parenting relationship. 

In this episode:

[1:35] What made Jacklyn want to start the Onward App? [3:18] How does Onward work? [5:43] What made Jacklyn stick with just the finances on the Onward App? [9:03] How would a shared debit card work as a future Onward App option? [11:55] What else is unique about Onward? [16:09] A piece of advice for co-parents.

Key Takeaways: 

Money and expenses are often a cause of stressful conversations. Onward eliminates the stress by allowing both parents to see what money is being spent, how it is spent, and even to put some limits around spending. There are a lot of apps available for calendaring and agreements, but finances seem to be lacking on those apps. Onward specializes on their focus of expenses and transparency. 

Quotes: 

If divorced parents can get along, it just does amazing things for their children. So I support anything thats going to help ease that and any little tips.” - Lesa Koski

Today most child support payments only cover 3 categories of food, shelter and clothing. And per the USDA thats 53% of the cost of raising a child. So everything else, the medical bills, extra curricular activities, math tutoring, summer cap etc. usually fall outside of that and people will agree on a child support payment while in the divorce process but then one they get divorced theres all these expenses that continue to pile up, very often the person whos the provider of funds doesnt understand why their being charged additional money for their kids.” - Jacklyn Rome

A lot of the companies I've seen out there in the divorce space create content that's very negative. And backwards looking like mostly focused around villainizing an ex or kind of bringing you back into the past. And the reason actually we're called Onward is really around bringing people into the future and getting them excited about that next stage of life as a co-parent. So we, you'll see a lot of content even integrated into our app around having the most effective co-parenting relationship and how to move on with your life.” - Jacklyn Rome

Guest Bio: 

Jacklyn is the CEO and Founder of Onward, an app that helps divorced and separated parents to track and manage shared expenses for their children more easily. Prior to starting Onward, Jacklyn worked on new product launches at Uber and Blue Apron and spent time in venture capital and entrepreneurial consulting. She's passionate about making a difference in people's lives and building new and innovative products.

Resources: 

Onward App Website

Onward App Instagram

Lesa Koski Website

Lesa’s Online Courses
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The Onward app was made for divorced parents to help track, share, and split their children's expenses.