Primerica

Oct

22.18

Benefactor of the Year Award

Pictured (L to R) are members of The Primerica Foundation Board
of Trustees: Anne Soutter, Karen Fine Saltiel and William Nemetz.

The Primerica Foundation, which funds scholarships for qualifying students at Gwinnett Technical College, received the Benefactor of the Year Award at the school’s “State of the College” event held Oct. 12.

Karen Fine Saltiel also received special recognition at the event, both for her work on the board of directors for The Gwinnett Technical Foundation and for her contributions to the Gwinnett County community.

Fine Saltiel is the founding chair of The Primerica Foundation and will be retiring at the end of 2018.

Gwinnett Tech serves more than 21,000 students across its credit, economic development, continuing education, and adult education programs.

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Posted in Community, Company, The Primerica Foundation |

Oct

16.18

Primerica has been named the No. 1 Relay for Life Team in Gwinnett County – home to the American Cancer Society’s largest Relay for Life event in the WORLD.

A presenting sponsor for Gwinnett Relay for the past seven years, Primerica raised over $118,500 this year alone through team fundraisers, individual donors and corporate donations.

Way to go team!

Read about it here.

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Posted in Community, Company, Primerica, The Primerica Foundation |

Oct

10.18

The Primerica Foundation is partnering with the United Way of Greater Atlanta to address the critical issue of homelessness and food insufficiency in Gwinnett County, which has the third highest total homeless population in the state of Georgia, according to a 2017 report on homelessness by the Georgia Department of Community Affairs.

The Primerica Foundation’s newly established “Neighbors In Need Initiative” will provide grant funding to several Gwinnett County and Metro Atlanta nonprofits who are working to provide for the homeless and the hungry.

The following nonprofits will receive funding from Neighbors in Need in 2018:

City of Refuge (Atlanta, GA)

Family Promise of Gwinnett County

Gwinnett Re-entry Intervention Program (GRIP)

Gateway Center in Atlanta

Gwinnett Habitat for Humanity

HomeFirst Gwinnett (HFG)

Nothing But the Truth Weekend Food Ministry

Rainbow Village, Inc.

The Salvation Army of Metro Atlanta Home Sweet Home Program

Gwinnett County Veterans Resource Center

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Posted in Community, Primerica, The Primerica Foundation |

Oct

05.18

A rise in consumer cost of living suggests Americans may be earning less than they were a year ago, but spending more on housing. The Department of Labor found that consumer prices climbed 2.9 percent in July – the fastest rate in 10 years – and most of this increase was reflected in higher housing costs.1

One new report asserts the median rent nationwide is now $1,445.2

For middle-class Americans living predominately paycheck to paycheck, that’s not good – considering that the cost of housing generally takes the biggest chunk out of a household budget.

If you’re feeling the pinch of too-high housing costs, here’s what to do:

  • Budget to spend less. When shopping for housing, experts recommend budgeting to spend 30 percent (or less) of your salary. In expensive cities like San Francisco or NYC, that may be harder to do, but whatever your geographical area, if you’re in the market for a mortgage – or looking to rent – it pays to be frugal.
  • Get a roommate. Your home life doesn’t necessarily have to look like an episode of Friends, but sharing the costs of living with another person can save you tons of money. It doesn’t have to be forever – just long enough to make it financially worthwhile. As long as you pick a responsible roommate who has a job, dealing with another personality for a year or two just may be worth it.
  • Rent a room. Renting a room in your house to a student or young professional can help offset high housing costs. You may need to share some common space, but as long as the outcome is financially beneficial to you, and provided you’ve vetted the person you’re renting to, it should be a worthwhile way to drive down costs.
  1. CBSNews.com, “Cost of Living Increasing at Fastest Rate in 10 Years, “ August 10, 2018
  2. CNBC.com, “Millennials, Here’s How to Set a Realistic Budget,” March 22, 2018

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Posted in Primerica, Tips, Wallet Wellness |

Sep

25.18

A.M. Best recently announced it has affirmed the superior Financial Strength Rating of A+ for Primerica Life Insurance Company and its affiliates.

“A.M. Best expects Primerica Life to maintain an underlying trend of statutory profitability of the insurance operating companies,” the press release states.

“Primerica’s Life’s ratings also recognize its status as one of the largest writers of term life insurance in the United States, with its continued strong market position attributable to its dedicated distribution affiliate, Primerica Financial Services, LLC. This integrated distribution and operating platform included over 126,000 life agents at the end of 2017.”

“Primerica Life’s business profile in the United States and Canada is reinforced further by its experienced management team, which successfully built and supports its sizeable sales force.”

Read the press release here.

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Posted in Company, Primerica |