Primerica Financial Services is a multilevel marketing company operating out of Georgia, America. It is the largest financial services provider currently operating in the USA. It was founded more than 3 decades ago by Arthur L. Williams. The company is most famous for their “Buy Term and Invest the Difference” slogan which inspired thousands of American middle class families to purchase insurance. The company is riding on years of experience and success, with many success stories, but whispers of the Primerica scam keep floating around in the MLM world. To assess whether Primerica Financial Services is a scam, the services provided and the business opportunity offered have to be analyzed.

Primerica believes in keeping life insurance and investments separate from each other. Primerica Financial Services are truly trying to explain to people how to save money and how to invest the money that has been saved. Primerica had once upon a time come up with a revolutionary idea that has become a part of the insurance industry today.

This idea is for families to purchase insurance which they can afford. The money they can save through this purchase can be invested and be allowed to grow. Primerica has also introduced the rule of 72. The rule of 72 is something unique. If the number 72 is divided by the interest rate on any amount, the number of years that the amount will take to double is obtained.

With the increasing rate of interest, the number of years needed for the money to double fall drastically. Thus, with an interest rate increase of 0.5% can make a difference. With Primerica, as with any other life insurance company, risks have to be taken on the money. People have lost money by investing with Primerica, as high interest rates means higher risks. This has given rise to the notion that Primerica is nothing but a scam. This is not true. Primerica is genuine. People have made a lot of money with Primerica, and many people continue to make money with Primerica.

Primerica provides services like debt consolidation loans, equity investment services and life insurance services. Primerica insures more than 4.3 million people. More than 2 million clients have investments accounts with Primerica. The asset value of the clients with Primerica is estimated at more than $25 billion. Primerica pays out $2.5 million as claims every single day. All these statistics go a long way in proving that Primerica’s services are genuine.

Agents associated to Primerica made an estimated $6,220 on average in the year 2008. The money made varies according to the number of licenses obtained, the activity initiated by the agent and the level on which he receives the contract. There are many success stories associated with Primerica. Primerica concentrates on the recruitment of clients, which can be called a flaw.

The Primerica Financial Services is estimated to be worth more than $9 billion, and was worth $7 billion in 2008. This is a staggering gain of $2 billion through the recession. Primerica is not a scam and provides for a genuine business opportunity.

If you are trying to make the case for your organization to begin targeting the Hispanic market, here is some data from the U.S. Census Bureau which may help you:

• The average size of households defined as Mexican is 4.1. There are 3.2 members in all households surveyed by the Census. If you sell packaged goods, this means Hispanic households will need to buy more of your product.

• Half of Mexican households own the home where they live. If you’re in real estate, the other 50% represent a big opportunity for you. The number of new home buyers may be even larger if you sell homes in states like Georgia, North Carolina, or Tennessee.

• The Hispanic population skews younger than the rest of the population. The media age of Latinos in the U.S. is 27.6, compared to 36.6 for the total population. As a marketer, reaching out to these consumers will help develop your brand develop long-term relationships. When it comes to brand loyalty and Hispanic consumers, it is important to understand that Hispanics have very high brand loyalty during the initial stages of acculturation.

• Hispanic-owned businesses grew by 31% between 1997 and 2002, and they generated $222 billion in revenue during that period. This is triple the national average. Don’t forget these entrepreneurs when marketing your business services. Do some research to learn if your competitors are addressing Hispanic business owners. You may find that the door is wide open for your business.

Imagine how will the increase in the Hispanic population could affect your business. What are you waiting for?

You can become debt free when you have a plan to eliminate all of your bills. Having a large amount of debt can be a problem because you will always have the stress of worrying how you are going to pay your bills. Changing your spending habits can help you to pay off the debt you have and keep from going into more debt.

Know how much debt you have and a great way to do this is to make a list of all your credit card bills and any other debts you may have. There are solutions that you can use to help you to get out of debt but knowing exactly how much you have to pay off is crucial. In many cases it can be an eye opener to find out how much debt you actually have.

Getting rid of debt can be as easy as making changes in your life. You need to control your spending and try to eliminate things you are buying that you can live without. Using that extra money you can make payments towards the debt that you have. Even if you are making small payments it can make a big difference in getting your debt paid off.

You want to check with your lending institution and see if they offer debt consolidation loans. Using this type of loan can be helpful because it allows to to take your debt and have it all together in one easy to manage loan. Think about it you will only have to make one payment each month on all of your debt.

Some people can qualify for government grants. These can help you to get money to pay off debts as well. It is important that you search around and find the a grant that works for you. Remember that not all grants are for eliminating debt so be selective.