Your Questions About Financial Freedom Services

Carol asks…

How do I find TRULY qualified leads for my legit home based business?

How do I find people who truly want to work at home? These people must be open to listening, have a desire to own their own business and understand that they may have to incur a small start-up fee in order to make their business work?
I’ve bought leads- opt in leads, double opt in leads, surveyed leads, real-time leads, business-specific leads- only one or two of hundreds have panned out. I want exceptionally motivated people and real results. Any ideas/suggestions?

John answers:

Somebody already said it here, and it’s true, people generally buy and do business with people that they like. If you want to make a million dollars, the best way to do that is to make a million friends, genuinely though.

As far as helping people understand that there is a small start-up fee, you’ll probably want to ask them a question that if they were to start their own small business, or own a franchise, how much money would it cost? With overhead, accounting, staffing, marketing, billing, shipping, manufacturing, R & D, etc, or the rights to a franchise, it’s going to costs tens of thousands, hundreds of thousands, maybe over a million dollars (just for a small business) to get started. Then, with a small business, you own a job, only this one doesn’t come with a vacation plan. There is a high financial risk, and if the ship goes down, you go down with it.

This is not to say small businesses are bad. If somebody is doing something they’re passionate about, they should pursue that. But, if their goal is time and money freedom, perhaps you have an alternative for them, and an answer that comes at a fraction of a typical small business.

Lastly, few people will buy your business or your products. Almost nobody is looking for those in particular. What they are looking for are the BENEFITS of the business, service, or products. I buy my hockey skates and sticks because of the benefits those brands give to me over the others. Over time, I’ve developed brand loyalty to a few hockey equipment manufacturers and specific hockey shops, because they’ve earned my trust and friendship.

Lastly, remember, there are a lot of people INTERESTED in wealth and working from home and the time freedom that entails, but few are actually committed. But, by keeping at the grindstone and running through the numbers, you’ll find them.

Make friends, build trust, see where you might have a solution in their lives. Be like a consultant to them, not a salesperson.

Good luck!

Joseph asks…

What is the best credit card for me to get?

I don’t have any credit cards right now. I am not worried about building credit, because I have a home and a car I pay on and my credit’s pretty good. HOwever, I still think it would be smart for me to have one for emergencies. What is the best kind for me to get? And I don’t want one I have to pay off every month.


John answers:

This is an excellent yet difficult question to answer. The reason this is difficult is because choosing a credit card is similar to choosing the car you drive. While it is not the most important aspect of your life, it is something that must be a fit for you. Credit cards come in many different styles, APR interest rates, terms of payment, grace periods, reward programs, and especially customer service, etc. So for me to tell you that “this” credit card is “the best” would be irresponsible and a huge disservice to you. What I can do is offer you guidance and present examples of what I have and what others have told me that have and like.

The first place you can begin your search is at . This is a very real and reputable website. Here you can filter out cards you definitely do not want (IE: a monthly charge card) or cards with certain financial institutions that you do not want to do business with) and features on a card that you do want. This is probably the best way to determine which credit card is the best fit for your personal needs.

One more website is , which will also help you find the best card for you.

Also, check out a columnist named Liz Pulliam Weston at her website . She is a Personal Finance Columnist who also publishes a lot of articles for MSN Money. Her website will give you some great guidance and tips for personal finance management.

Lastly, here are some of the cards I personally have:

* WAMU Platinum Card – I got it because of the 0% intro rate for 12 months. I like it because I can look at my current FICO credit score FREE along with information about my personal credit profile. Downside = APR rates a little higher than I would like since most of my cards are lower interest rates.

* Wells Fargo – I like this one because there is no limit on the “Cash Advance” feature of the card and because purchases and cash advances are the same “Locked” Interest Rate (Below 10%) so whether I purchase go get cash I am paying the same interest rate (cash advance fee will however apply). Dislikes = Rewards Program offers a 1:1 ratio for reward points, but redemption point requirements are pretty hefty and not the most desirable.

* Chase Freedom Card – I got it for the 0% interest for 15 months. The rewards program pays a 3:1 ratio for certain purchases like groceries, gas, etc. And 1:1 for everything else. Dislikes = Setting up online payment feature on website was such a hassle that I just said ‘forget it’ so I pay via check.

*AMEX Rewards Plus Gold Card – This is a charge card (due at the end of each monthly cycle) that I like to use instead of my bank debit card because I prefer AMEX. This card gave me 50,000 reward points just for getting the card and everything pays 1:1. The best thing I like about AMEX is that their customer service is the best I have come across. My favorite thing is that if I dispute a charge, AMEX will investigate it for me instead of me having to call the store, have them issue a charge back to my card, and take time out of my day (which is not a 5 minute task) to deal with everything. AMEX removes the charges until the dispute is resolved and will keep you updated. They also sent me a new card overnight (for free) just because my magnetic strip was not reliably functioning at stores and I asked for a new card (neither VISA nor MASTERCARD will overnight it for free). I also have my COPORATE AMEX CARD linked with my personal card so when I travel for business all of my charges add to my reward balance and vacation packages start at much lower redemption requirements to places you actually may want to go. Lastly, their rewards program was given the industries highest customer satisfaction rating. Downside = many places do not accept AMEX which really stinks sometimes and the card has an annual fee.

I hope this has helped instead of creating confusion. I am just really bored at work. Good luck.

Susan asks…

when did the economy exactly start going down hill?

specifically the Auto Industry and the Housing Market?
was it in 2000?
or was it in the Clinton Era?

please site a source.

John answers:

This is quite a broad and complicated question, but I would say about 1972. Beginning then, the U.S. Outstripped its own ability to produce its own energy.

A very good write-up on this can be found here:

The concept of “peak oil” is certainly not a new one. As you’ll read in the article above, you’ll see it was predicted as early as the 1950s. It’s the point at which our own production of U.S. Oil hit its “peak”
and began to decline. EXCEPT that our country’s NEED for more oil NEVER declined.

We became enormously dependent on foreign oil. There were long gasoline lines at the pumps in the 70s partly from instability in Middle Eastern countries, but really, think about it. If we could produce all our own energy, we would not have suffered that. So the massive run-up in fuel prices steadily continued. Before that, we were living with the luxury of very cheap energy and that is a HUGE driver to this economy.

We masked it for at least a decade back then, because almost overnight, the wives of America went to work. People rarely link these two facts, I think. But it is undeniable. Practically overnight, we had a massive influx of new labor – our women. They did it to express their freedom and equality, but the dirty little secret is, they ALSO did it to preserve the way of life that American families enjoyed up to that point. No longer did we have the luxury of a single bread-winner and a single home maker.

What did that cause? Well, many more 2-car, 2-job families, lots of driving/gasoline expense (not to mention more cars, more steel, more EVERYTHING associated with all those new workers and that = more energy consumption). We had an economy with a lot more employees which generated more income but consumed a lot more energy. Ask any working mother, and they’ll tell you how much of that second income is consumed just for her own needs so she can work at all.
Only a fraction of it makes its way into the family budget.

This began a never ending spiral of demands for day-care, and families stretched for time because both parents work. More work, more labor, more travel, more supplies…. It all translates to more energy consumption.

As the 1980s rolled on, even the increased earning power of 2-income couples couldn’t mask the fact that energy, and therefore transportation and housing, were climbing out of reach for ordinary people. It’s very popular to blame Reagan, or Bush, or Clinton, or some economic policy. But the underlying driver of all of this is energy. Once the U.S. Sold its soul to the Middle East for oil, we were screwed.

The 90s came, people hailed Bill Clinton as the savior of the economy. Bull. The internet arrived, and suddenly, there was a radically new, cheap, way to advertise, sell, and distribute goods and services. That alone is a heck of a shot in the arm for an economy. But all the while, energy was getting more expensive, we were consuming way more of it than we produce, and we were borrowing money like mad to cover that fact up. Add to that the fact that greedy people were so eager to not miss out on the boom, that accounting firms, tax agencies, and the financial markets all looked the other way while extremely shoddy record keeping was going on.

Along comes Bush, who inherits that mess, and only makes it worse by involving us in a massively expensive war. Not only have we buried ourselves in debt from the war, but the social and economic strain it has put on this country is devastating – families, workers, fuel prices – all of that has been hammered hard by being in that war.

When people accused Bush of going to “war for oil”, I say, “so?” NO KIDDING. This country lives and dies on energy. We bloody well BETTER be willing to fight for energy, or overnight, the U.S. Would flip off like a light switch. You can rant about conserving more and finding other sources of power, but in the meantime, no oil – no United States of America. Bush, and his oil company cronies, all know this. They figured that invading Iraq would be easy, and then we’d start controlling the flow of oil out of there, and it would be a boon to the U.S. Nice idea. Only they are fools who have no idea how hard it is to actually “peacefully invade” a country. Ha!

So, that’s my feeling. Sure, various presidents and policies along the way might have made things a tad brighter. And you can sure pick and argue over other factors that made things better or worse over the decades. But I still contend that the real driver is that this country consumes way more energy than it can afford, and it has been doing that for almost 40 years. We have been borrowing, stealing, lying, and warring to cover that fact up. But we’ve finally hit the wall, I think.

Jenny asks…

what do you think of primerica financial services?

John answers:

I was skeptical at first when I started, but as time goes on, I realize that this is my chance to achieve financial freedom. I didn’t like going to my job, being told what to do, doing the same tasks over and over again, and only get a 3% raise per year (which is below the inflation rate of 4-5%). And when I do something wrong, the boss yells at me and when I do something great, the boss doesn’t say anything.

I saw Primerica as an opportunity for me to do something great with my life. Its pretty cool that everyone in the company is working toward one goal, which is financial independence. For some people, making $100k/year is enough for them to live on. But for many others, they want to earn more income to do more things. For me, I want to keep working and building a business until I’m no longer able to. This business is fun and challenging. I think the main reason why I love this business is because there are so many families that are in a financial mess and I’m able to bring financial relief to these families. Some clients invite me over for dinner sometimes or for a BBQ, which is pretty nice.

What do I think of this company? Its wonderful and I never seen so many passionate people in one company in my life.

David asks…

what is primerica financial services?

i am wondering because i put on facebook that i want a new job, then a cousin i havent talked to since i was little said her company is hiring. i asked what company and she never told me, but just gave me the address and told me to come to a meeting on wednessday. i googled the address and it came up as ‘primerica financial services‘. i am wondering if anyone knows about this: is it a scam? would it be like an office job? full time? im asking here cuz she hasnt answered any of these questions when i write her so im a little wary on this. thanks for the help :)

John answers:

Its probably that your cousin is new to the company and doesn’t know all the information. I joined Primerica in 2004 and currently work there part-time as an independent representative. Here are some facts about Primerica, which you will see at the meeting or by visiting Primerica website (

1) There are over 100,000 life licensed representatives in the company, the largest marketing organization in North America.
2) Primerica been in business since 1977.
3) There are currently over 4.3 million clients in Primerica. Clients has invested over $25 billion through Primerica in various mutual funds and money market funds.
4) Primerica has marketing agreements with various companies. They market Citicorp Trust Bank debt elimination loans, Metlife’s Variable Annuities, ING 401(k), Genworth Financial’s Long Term Care, Auto & Home Insurance referral program for Answer Financial Inc, mutual fund companies such as Fidelity, Legg Mason Partners, Oppenheimer, American Fund, Van Kampen, Invesco and so on. Primerica Financial Services owns their own life insurance company called Primerica Life and an investment company called PFS Investment Inc. It markets term life insurance for National Benefit Life in New York.
5) Primerica has over 5000 offices in USA and Canada. The home office itself (located in Duluth, GA) is over 1 million square feet and it has its own zip code and has 2000 employees working there.
6) Primerica spun off from Citigroup on April 1, 2010 and is listed on NYSE as symbol “PRI”. Prior to this historic event, Warburg Pincus has agreed to invest $230 million in Primerica, owning roughly 23% of the shares. Citigroup own 50% of the shares.
7) Primerica is member of the Better Business Bureau, which gave Primerica a business rating of A+.
8) Winner of Dalbar Service Award in 2004, 2005, 2006, 2007, 2008, 2009, and 2010.
9) Primerica is member of Insurance Marketplace Standard Association (IMSA).
10) Member of American Council of Life Insurers, as association of 377 companies representing 91% of total life insurance assets in the US, 90% of life insurance premiums, and 95% of annuity considerations.
11) Listed on Russell 3000 index and Russell 2000 index as of July 1, 2010. The Russell 3000 Index measures the performance of the largest 3000 U.S. Companies representing approximately 98% of the investable U.S. Equity market. The Russell 2000 Index measures the performance of the small-cap segment of the U.S. Equity universe. The Russell 2000 Index is a subset of the Russell 3000® Index representing approximately 8% of the total market capitalization of that index. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.
12) Pays an average of $2.5 million in death claims per day.

Now that you know that the company is not a scam, here is something you should know about the opportunity your cousin is giving you. Primerica is a business opportunity. If you ever wanted to run your own business or be independent where there is no boss that controls your time and income, then you should check out the meeting. All 100,000+ representatives in Primerica are independent business owners. They all started the same way, which is the beginning. They came from all sorts of backgrounds, whether it is being a student or lawyer or teacher or plumber or NBA player. Being a business owner has its perks such as tax benefits, unlimited income potential, ability to recruit people and overriding them, ability to earn passive residual income, and most important of all: having freedom. You choose your own hours on when you want to work. If you want to start out part-time, then that’s your choice. Most people start out part-time and kept their full time jobs. Eventually, some quit their jobs and went full time in Primerica.

Anyway, you should check it out the meeting for your cousin. Your cousin will get credit and recognition if you show up. The meeting is about 90 minutes long going over who is Primerica, giving some education about financial concepts, how these concepts help families, and how you get paid. You should bring notebook and pen and write down any questions you may have.

Whether you join or not is up to you. If you join, your cousin will get points toward the builder’s track, which determines how much bonus she will get. She will not get paid any money if you join because it is illegal. If you get license and help a family, not only do you get paid full commissions, your cousin will get paid overrides from the company. You have the same opportunity as she does by recruiting people into your business and have the opportunity to earn overrides.

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