Posts Tagged ‘money’




While everyone wishes a “money tree” did actually exist, those who work hard for the money know differently. How many times did your parents tell you that “money doesn’t grow on trees,” and how often do you find yourself cringing when you voice that same wisdom to your kids?

While spending always seems more exciting than budgeting and saving (at the time), it’s important for us to teach our kids to be responsible with their money so they can avoid making many of the same money mistakes their parents did.

Here are some fun and easy ways to teach your kids about money this summer:

Goal: To emphasize the value of money and teach kids that money isn’t “free?” To make sure they understand that you have to work for the things you purchase.

Kid-tivity: Come up with ways your child can earn money toward something he or she wants to buy or wants to do. Here are some ideas:

  • Extra chores around the house or for a neighbor
  • Babysitting (must be at least 12 years old and very responsible)
  • Pet-sitting or dog walking
  • Yardwork or gardening
  • Washing cars or windows
  • Lemonade or popsicle stand
  • Yard sale … and more!

Goal: To have your children understand what it means to be charitable and he or she can have a sense of accomplishment and pride by giving back to his or her community.

Kid-tivity: There are plenty of big and small ways your child can give back, whether or not money is involved. Here are just a couple:

  • Have him or her buy a toy for a child in need with his or her own money.
  • Find a local volunteer project you and your child can participate in. Explain what the charity is and why you’re helping.
  • Keep a change jar around the house for loose change and let your kids pick the charity they want to give it to when the jar fills up.
  • Show your child the value of time by spending time with an elderly neighbor or shut in. Explain that the giving of time is just as valuable as the giving of money.

Wallet Wellness Challenge
Can you think up of more ways to teach your kids the value of money? Get creative! Make it fun! Then share them with us!


1 Comment »

Tags: , , , , , ,

Posted in Primerica, Tips, Wallet Wellness |




Each generation’s attitude toward money is influenced by the times in which they grow up. With that in mind, take a look at what many Millennials (born between 1982-1999) have learned about surviving turbulent times.

Expect to change careers. Because of the seismic changes in the economy that they experienced as young people, Millennials don’t expect their careers to move in a straight line; some 60% think they will switch jobs in five years.1 In addition, this generation expects they will need more training in the future to keep up.

Save prodigiously. Millennials may have more in common with their grandparents when it comes to saving. Baby Boomers (despite their famously frugal parents) are less apt to save: just 16% who have both an IRA and an employer-sponsored retirement plan say they contribute to both. Yet, 25% of Millennials say they do – giving their money more time to grow.2

Consider entrepreneurship. Some 75% of Millennials say they want to work for themselves one day.3 A smart move, since wealthy households are more likely than others to be headed by a business owner.4 Considering starting your own business? A new study shows that financial services produced more multi-millionaires than any other industry in 2011.5

Find out what happened when Millennials Mario & Franny Arrizon of Riverside, CA took a chance and started their own Primerica business helping families. “Finding Primerica changed everything for us.

  1. Money, December 2012
  2., viewed January 15, 2013
  3. Money, December 2012
  4. Money, July 2012
  5. “Didn’t Hit Powerball? Try Working in Finance,”, December 3, 2012

No Comments »

Tags: , , , , ,

Posted in Opportunity, Primerica, Tips |



Getting motivated to save can sometimes be tough. Here are some “sneaky” ways to help you reach your goals:

  1. Label your accounts. Did you know that people who assign specific goals to savings accounts put away 31% more than people who don’t?1 It’s true!
  2. Use photos to stay motivated. Got something specific in mind? Try using a picture of what – or who — you’re saving for to keep your eye on the prize. Keep it on your computer or in your wallet – wherever it will be most useful in the battle against impulse buying.
  3. Hang out with frugal friends. Spend time around people who are trying to save money, and some of their attitudes and ideas are bound to rub off on you. Conversely, limit time spent with big spenders.
  4. Autopilot your savings. Make saving automatic by setting up regular balance transfers to your savings account. When your money doesn’t appear in your account, you are less likely to spend it.
  5. Organize your goals. People who set fewer but connected goals save nearly five times as much as those who have many disconnected goals.2 For example, you might focus on three goals – saving for retirement, college fund for the kids and an emergency fund – and create a theme to integrate them like “improving my family finances.”
  1. “101 Ways to Build Wealth,” Money, July 2012
  2. Ibid


Tags: , , , , , ,

Posted in Primerica, Tips |



Have you been fighting the recession by cutting back on your savings? Earn more money to stay on track!

It’s a sobering reality for many: In order to make ends meet, many people are skipping saving for the future. One-in-three workers (33%) say they don’t participate in any long-term retirement savings plans like 401(k)s or Individual Retirement Accounts (IRAs), and 30% aren’t saving anything month-to-month.*

If you fall into any of these groups, consider another alternative: Earning more money to save for the future. Taking on even a few hours of extra work a month can make a real difference! Many people just like you found a great way to earn extra money for savings by helping families with their finances. You don’t need any special education or skills – just a desire to help people achieve financial freedom. Your Primerica representative can help you get started for very low up-front costs. For example, Lixa Dias, a housecleaner from Jamesburg, NJ, has saved $53,000** for her children’s college education by working part-time as a Primerica representative since she started in 2008!

If you’re among the many people who are skipping saving in order to make ends meet, remember, neglecting your savings can have serious long-term consequences for your financial health! Earning even a few hundred dollars a month as a Primerica representative could really make a big difference to your financial future (see chart below).

*, viewed May 10, 2011
**Note: Primerica income figures are based upon rolling 12‑month gross cash flow (including advances) as of March 2011. The cash flows stated are not intended to demonstrate the earnings of typical RVPs/representatives. Rather, the cash flows that have been cited reflect the potential that comes with building your business, and there is no guarantee that you will achieve any specific cash flow level. Most RVPs/representatives do not achieve the levels illustrated. In the 12‑month period ending in December 2011, Primerica paid a total of $504,514,944 in compensation to the sales force at an average of $5,544 per licensed representative. Average RVP earnings are typically higher. Actual gross cash flow is, among other factors, dependent upon the size and scale of a representative’s organization, the number of sales and the override spread on each sale, and the ability and efforts of you and your downlines. Having said this, Primerica provides a tremendous opportunity for individuals who work hard and who desire to develop a business with strong income potential.

No Comments »

Tags: , , , , ,

Posted in Primerica, Tips |



The earlier you start saving, the easier it will be to achieve your retirement goals. Time is a powerful key to achieving financial security and luckily you’ve got plenty of it! Look at how saving early in life can increase your potential for a secure retirement:*

It Pays To Start Early

When does $35,000 exceed $170,000 at a 10% rate of return?

* This is a hypothetical and does not represent the performance of actual investment. This hypothetical uses a constant rate of return, unlike actual investments which will fluctuate in value. It does not include fees or taxes, which would lower performance. Given current market conditions it is unlikely an investment will return 10% on a consistent basis. Investing entails risk, including loss of principal.

Ready to get started? Contact a Primerica Representative today!

1 Comment »

Tags: , , , ,

Posted in Primerica, Tips |