Primerica

Archive for July, 2018

Jul

16.18

It’s no surprise that one in five American teens lack basic financial literacy skills – and considering that only 17 states across the nation mandate personal finance courses in schools, it’s up to parents to ensure their children understand how to properly manage their finances.*

This year, take charge when preparing to send your children back to school and make talking to them about money matters as much of a household priority as any back-to-school checklist item. This time of year is ripe with reasons to talk about personal finance, so be sure to take advantage of the opportunities when they arise.

Here is a way to incorporate finances into activities you and your child(ren) will probably already be doing together to prepare to go back to school:

  1. Make a back-to-school supplies list. Use the list your child’s school provides and add other items you know they’ll need to create a master back-to-school list. Help your child guess how much each item costs and then look up the real costs and compare.
  2. Make an inventory of what you already have. Decide from your list what you already have and what you’ll need to buy. Deduct the costs of what you have (and what you’ll save) from your list.
  3. Set a budget. Determine how much you can spend for the items on your list you’ll need to purchase. Let your child know the money has to come from somewhere, so if you are moving money from your regular household budget to cover back-to-school necessities, don’t keep them in the dark.
  4. Go shopping and save. Take your list to the store (or to the internet) and let your child help select items with the goal of saving the most money. Once you’ve crossed all the items of your list, buy your child a special treat with whatever money you’ve saved and pat yourself on the back for imparting a crucial money lesson they probably wouldn’t have learned in school.

BusinessInsider.com, “Financial Literacy is a Basic Life Skill,” April 20, 2018

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Posted in Primerica, Tips |

Jul

16.18

Primerica Canada is moving its headquarters in Mississauga, ON, just in time for the upcoming 2018 Canadian Convention, which will be held July 27-28 in Toronto.

The Canadian Head Office will occupy more than 43,000 square feet of leased office space that has been completely designed to Primerica’s specifications.

“It is a state-of-the-art office where we can conduct business, continue to grow and add staff, and help more Canadian families become financially independent,” said CEO Glenn Williams.

The move and the convention are two significant milestones for 2018 in Primerica’s 32-year history of doing business in Canada, said Primerica Canada President Jeff Dumanski.

“The premise on Financial Drive will be a centre piece for our representatives to conduct business and meet clients, but will also offer interactive displays, recognition of our sales leaders and showcase our record breaking history in Canada,” said Dumanski.

The same week of the move, Primerica Canada will host its first ever Canada-wide Convention, where thousands of Primerica leaders will convene at the Toronto Congress Centre.

“We’re excited to bring together thousands of Canadians from across the country to a central event in Toronto,” said Williams. “This platform provides the perfect opportunity for previewing initiatives and recognizing the great successes of our Canadian sales force leadership.”

Dumanski added: “Coupling these two events will indeed bring Primerica to the forefront of the financial services industry as we imprint our brand on the next 30 years of ‘Making A Difference.’”

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Posted in Canada, Company, Primerica |

Jul

10.18

On June 21, Primerica and Invesco teamed up with Make-A-Wish Georgia to host a princess-themed celebration party for a special young girl. Ellie Harper, 11, of McDonough, GA, is bravely battling a metabolic disease, which affects her physical development and growth. Her wish was to go to Disney World with her family and through shared funding by the two companies, it came true earlier this year!

“We love to impact lives everyday in the financial world but there are more important things in life than just finances,” says Primerica CEO Glenn Williams. “Being able to make a dream come true for such a brave young lady is very special for us.”

“Ellie thought that all princesses came from Disney World so we went to Disney World,” says her dad, Jason Harper. “The entire experience is an immense benefit for these children who don’t enjoy life the way a normal child is able to, it really makes them feel special and it may be the highlight of their life.”

 

 

More than 27,000 children are diagnosed with a critical illness each year. Through the Make-A-Wish Foundation, one of these children is lucky enough to have their heartfelt wish come true every 34 minutes!

“Wishes are transformational not only for the child, but for the family as well. For them, so much of their time is honestly robbed – the time they spend with siblings, the time for family vacations, etc.,” says Tim Earley, CEO of Make-A-Wish Georgia. “A wish gives them some happiness, some respite and it gives them that normalcy that the majority of us take for granted sometimes.”

Ellie’s party featured plenty of decorations in her favorite color, pink, and her favorite foods. The event was a great reminder of the importance of giving back to the community and what happens when two companies team up to do so.

“Honestly, we can’t create the kind of magic that we create without the help of our community partners like Primerica and Invesco,” adds Earley. “It really takes a community to come together to make all of these things happen from start to finish.”

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

Jul

05.18

Have the best summer ever and save money at the same time. Use these savings tips to bank extra funds for a special trip, to pay off debt or to save for emergencies:

1. Park the car and walk. Operating a car is a major expense and gas prices tend to rise in the summer. Take advantage of a sunny day by parking your car in a central location and walking as much as possible to take care of errands or to enjoy days out with your family and friends.

2. Teach your kids about money. Use summer vacations as an opportunity to improve your children’s financial literacy and teach them about responsibility at the same time. Help show them ways they can earn money, such as setting up a lemonade stand or walking neighbors’ dogs. Stock up on board games like Monopoly and Life that the whole family can participate in.

3. Grow a garden. Plan to grow summer fruits and vegetables or fresh herbs in your own garden. Gardens can be expensive, so be wise about what you plant. You have the potential to save money on groceries when you choose to grow foods you already like and purchase at the store.

4. Have a multi-family yard sale. Organize a multi-family yard sale to get rid of “junk” you have piled in your basement or attic – more families involved equals more crowds! Look on the Internet for tips to organize your for-sale items to make them more attractive to buyers.

5. Find free or discounted fun. Check out websites or local papers for listings of free outdoor movie nights and live music performances in neighboring cities and towns. Hit up festivals and farmers markets instead of paying admission to expensive theme parks.

6. Cancel your cable TV. With so many alternative ways to stream movies and television series online, it pays to cancel your cable TV. Go ahead and do it this summer.

7. Fire up the grill. Outdoor grilling, a favorite summer pastime, can save you money on indoor electricity costs. Hamburgers and hotdogs are tasty and affordable but don’t forget chicken, fish, pork, shish kebabs, and veggies. You can grill out every night of the week or have one big backyard barbecue where you grill several different items to freeze and have throughout the week.

9. Consider clipping coupons. If you haven’t used coupons before, consider trying them out this summer. You can start by collecting coupons (online and in your Sunday paper) and organizing them in a folder or binder. Searching “couponing tips” on the Internet can help get you started.

10. Earn extra income. Earning extra income by getting a part-time job or freelancing your creative skills is a great way to spend your free time this summer. Want to earn at your own pace while helping families become financially independent? Primerica offers a part-time opportunity that might be right for you!

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Posted in Primerica, Tips, Wallet Wellness |