Instead of working in your favor (as with a savings account), the power of compound interest works against you with debt.
If you start with a $500 balance on your credit card at 19.8% interest, then each year make two additional charges of $75 each, and pay only the minimum monthly payment of 3.5% of the balance or $20, whichever is greater, after 25 years the interest charges amount to $3,121.
Disco hits played this past March 5 as Primerica Home Office employees joined the American Cancer Society’s Linda Story to kick off two months of fundraising for the Relay For Life of Gwinnett County with a balloon release. What started as one man’s marathon effort in 1985 – when Dr. Gordy Klatt, of Tacoma, WA, walked around a track for 24 hours to raise money for ACS – has grown into to the world’s largest fundraising movement to fight cancer with 5,000 communities in 19 countries taking part.
You can buy luminaria to honor friends and loved ones who have died from cancer or are living with cancer, right here at the Gwinnett ACS Relay for Life site. Better yet, join us at the Luminary Ceremony on May 7 at the Gwinnett Fairgrounds! If you’re not in the Atlanta area, find out about an event near you by visiting the Relay for Life site.
The Primerica team of employees has been recognized as an All Star team each year for its very high level of fundraising. In 2006 Primerica was recognized as one of the Top 10 teams in United States for its efforts that year — which is no small feat given that there are over 200,000 Relay Teams across the country.
Primerica and its employees have given a total of $432,787 over the last five years! That’s what the ACS terms “Diamond Level” among fundraising teams — and what Primericans call an honor and a privilege.
“Primerica employees have driven cancer patients to treatment, served on boards and committees, asked for donations in many creative ways and always with a willing heart. We, the American Cancer Society, can not ask for a better partner,” says American Cancer Society Area Executive Director, Randy Redner.
Primerica is a dynamic business with an ever-growing field force of representatives. It’s a fast-paced business and Primerica’s technology department has been busy creating new software and systems to support both Primerica’s representatives and its clients. By taking full advantage of the ease and access of the Internet, Primerica has developed new technology:
Client Portal
Clients will be able to access most of their Primerica products, accounts and contact information for their Primerica representative through a single sign-on Web portal. The client portal is free to clients. It’s secure, user-friendly and clients are able to manage their accounts at their convenience.
Primerica Ring
Similar to Skype™, Primerica has partnered with a third-party vendor to provide a new video and Web collaboration system. Representatives will be able to interact with other representatives as well as clients no matter where they are. The system can connect multiple participants using a high speed Internet connection and Web cams. Sessions are secured and encrypted so that participants can share documents and applications with one another.
TurboApps
Client applications can be taken wirelessly with a smartphone and uploaded securely “over-the-air” to the Primerica Home Office instantly. This allows representatives to do business any- and everywhere, and allows them to work even more productively as all of their applications can be uploaded instantaneously.
The Best Is Yet to Come
Primerica is still beta testing other software and systems and is constantly looking to improve its processes to make the business easier and more convenient for both clients and representatives.
