Author Archives: Primerica

One of the most important skills needed to achieve financial security is understanding the fundamentals of following a budget, reducing debt and saving for retirement. Yet, despite being the world’s largest economy, the U.S. doesn’t even crack the top 10 list for financial literacy worldwide. That lack of education can be particularly harmful for middle-income […]

Spring is finally in the air! Amid all the blooming flowers, increased daylight hours and warmer weather, it’s also time for one of the nation’s least favorite chores: tax season.  But with the average tax refund clocking in at more than $3,000 so far this year, according to the latest data from the IRS, middle-income […]

Choosing the right life insurance for your family isn’t always easy. With complex policies filled with difficult-to-understand language, it’s no wonder why many Americans find it hard to figure out what type of coverage — and how much — they need.  For middle-income Americans with limited budgets and limited access to companies that often cater to higher […]

Financial professionals play a key role in helping families navigate their personal finances and reach their goals. But women continue to be underrepresented in the financial services industry even as their economic power rises overall. According to the latest data from the Bureau of Labor Statistics, just 32.6% of personal financial advisors are women, a […]

Making and sticking to a budget — and telling people about it — is officially cool now. And it’s all thanks to Gen Z, which is propelling the phrase “loud budgeting” to new heights on social media.  The idea is relatively simple: It boils down to being open with your financial goals and struggles and sharing them […]

As inflation eases, gas prices decrease and consumer sentiment rises, a slow but steady shift appears to be underway in middle-income Americans’ perceptions of their personal finances. While uncertainty about personal financial futures and the broader economy remains, Primerica’s Q4 2023 Financial Security Monitor™ (FSM™) found that previously negative trending sentiments are finally stabilizing after a tumultuous […]

Inflation may be waning going into 2024, but that doesn’t mean all aspects of the economy are on the right track — nor that middle-income Americans are out of the woods yet when it comes to their own finances.  In fact, Primerica’s recent white paper highlighted that inflation is continuing to impact the financial outlook […]

The end of the year is often a time of reflection and looking ahead to new beginnings. It’s also when many Americans set New Year’s resolutions — including those that revolve around personal finances.  Whether you’re looking to spend less, save more, pay down debt, increase your retirement funds or make a large purchase such […]

The holidays are once again upon us, bringing with it the joy — and stress — of finding the perfect gift for that special someone. And while consumer spending is expected to surpass pre-pandemic levels for the first time this season, there’s no reason for everyone to hop on the bandwagon.  In fact, Primerica’s most recent Financial Security […]

Middle-income households say their financial situation is leaving them depressed and impacting their relationships. Despite easing inflation, many middle-income Americans find themselves stuck in a difficult spot financially, with continued high costs for necessities impacting their monthly budgets. Now, after months of economic uncertainty, the financial pressure is cresting over into their personal lives as […]

Middle-income Americans are largely uninterested in using AI for financial tasks. As artificial intelligence (AI) becomes prevalent in any number of industries and applications, middle-income Americans are making it clear that when it comes to financial guidance they want to talk to a professional — not a machine. Only 29% of respondents in Primerica’s Financial Security […]

The monthly Primerica Household Budget Index™ (HBI™) shines a light on how the economy impacts families’ bottom lines.  The key to developing any financial budget is knowing not only how much money you have coming in but how much you plan to spend in any given month. For middle-income families, however, the volatility in the […]

Achieving your long-term goals starts with reaching out to a financial professional. For many Americans, managing personal finances is a challenge. Complex financial concepts can be difficult to understand, and it’s easy to feel overwhelmed by what to do with your money, from how to budget, save and invest to what life insurance is right […]

Despite easing inflation rates, families continue to rack up credit card balances. The economy continues to buck financial experts’ expectations with a resilient labor market and decreasing inflation. That’s leading to increased optimism among middle-income Americans, but many of these families continue to struggle with the high cost of living. Primerica’s most recent quarterly survey […]

Looking to travel this summer but don’t want to break the bank? You’re not alone.  More than 35% of respondents in Primerica’s most recent quarterly Financial Security Monitor survey said they plan to go on vacation this summer, and many will be saving money by exploring nearby destinations, engaging in low-cost outdoor activities or visiting […]

Examining where you are now is a great way to set yourself up for success in the second half of the year. It’s hard to believe but we’re somehow nearly halfway through the year, and if time seems to be flying by at lightning speed, you’re not alone. While it may feel like you just […]

Between weddings, peak homebuying season and job changes, there are plenty of reasons you may want to adjust your coverage. Spring is in the air — a season of renewal and change filled with weddings, job changes and an annual heat up in the housing market. That’s what also makes it the perfect time to […]

Incorporating financial education concepts early in your career will make a positive impact on meeting future goals. College graduation is a special time. It marks the transition into adulthood, your first serious job and greater financial independence, where you’re responsible for everything from rent to groceries to student loan payments and much, much more.  Taking […]

Thanks to improved spending habits many households are also feeling more optimistic about their personal finances For the first time in nearly two years, inflation is no longer the top concern among middle-income Americans, who are reflecting increasing optimism about their personal finances after beginning the year with more doubt. Primerica’s most recent quarterly survey […]

No financial goal is too small, and it’s never too late to get started — everyone can benefit from having a plan When Sam Shepard, a Primerica representative in Atlanta, Ga., first sits down with someone to talk about their financial goals, that initial meeting is already a win in his book. “A lot of […]