What some call a sham and a pyramid scheme seems to be a little deeper than that. It doesn't seem that any business can satisfy all of its customers nor can any business seemingly have success without people critiqing a company they have limited knowledge of. The very premise of Primerica is to help struggling individuals correct their financial planning mishaps. That's it and nothing more than that.
However, its amazing to me how many people can take that and make it into so much more than what it is. The complaints usually are that the people that work there don't have any background in finance, they ask too many questions regarding your personal finances, or that's not a real business. But these same people give the same personal finance answer to other companies who solicit over the phone and they've never asked about their background in finance. Credit card companies, online banks, and the like all require the same information as Primerica.
In regards to the pyramid scheme I ask: what business isn't? There is a hierarchy of management and payscale within every organization. The top management makes their money off of the lowest level employees daily. Primerica has helped countless people restructure their finances and get back on track in one way or another. If you need help and they are able and willing to help, don't deny yourself the opportunity.
I am not a member of Primerica because that form of finance isn't my career path but I have seen them in action and it can work if you allow it. Every business isn't out to get you but please do your due diligence before engaging anyone, whether good or bad.
No comments:
Post a Comment