Women,
Finance,
Men,
Banking,
Family,
Professional Services,
Consumer,
Other Consumer,
PRI,
AI,
Food,
Retirement,
Optimism,
Probability,
NYSE,
Credit,
Renewable energy,
Online shopping,
Primerica The survey found that families say they are increasingly racking up credit card balances and debt.
Key Points:
- The survey found that families say they are increasingly racking up credit card balances and debt.
- More than a third (36%) of respondents used their credit card more in the past year, up five percentage points compared to the June 2022 survey.
- Similarly, a third (33%) noted their credit card debt increased over the past year, up four percentage points in the same time frame.
- Middle-Income Financial Security Monitor
Many find credit card debt difficult to manage.
Retrieved on:
Wednesday, April 12, 2023
Family,
Professional Services,
Consumer,
Women,
Finance,
Men,
Accounting,
PRI,
Food,
Key finding attacks,
Retirement,
Doctor of Philosophy,
NYSE,
Video game,
Online shopping,
Primerica 1 concern (35%) among middle-income households, topping inflation (32%), which dropped five percentage points from the previous survey in the fourth quarter of 2022.
Key Points:
- 1 concern (35%) among middle-income households, topping inflation (32%), which dropped five percentage points from the previous survey in the fourth quarter of 2022.
- “While concerns about inflation are ebbing, higher costs continue to place strains on budgets causing families to prioritize more than ever.
- Those expecting a refund plan to use the money to pay bills (37%), pay down debt (34%) and add to their savings accounts (33%).
- Middle-Income Financial Security Monitor
Families are spending less money than a year ago.
Personal Finance,
Insurance,
Women,
Finance,
Accounting,
Men,
Professional Services,
Family,
Consumer,
Thought,
PRI,
Tax,
Doctor of Philosophy,
NYSE,
Online shopping,
Primerica The national survey, in its third year, measures changes in the sentiments of middle-income families in the U.S. about their finances.
Key Points:
- The national survey, in its third year, measures changes in the sentiments of middle-income families in the U.S. about their finances.
- The survey found that the majority of middle-income families (60%) are expecting a tax refund this year.
- Respondents who expect a refund say they plan to use the money to pay bills (37%), pay down debt (34%) or add to their savings account (33%).
- Respondents who scored the highest in financial preparedness are likelier to expect a tax refund.
Retrieved on:
Thursday, January 12, 2023
Personal Finance,
Insurance,
Women,
Seniors,
Finance,
Consulting,
Men,
Professional Services,
Family,
Consumer,
Gasoline,
Food,
Doctor of Philosophy,
Key finding attacks,
NYSE,
PRI,
Health insurance,
Primerica The survey, in its third year, measures changes in the sentiments of middle-income families in the U.S. about their finances.
Key Points:
- The survey, in its third year, measures changes in the sentiments of middle-income families in the U.S. about their finances.
- During the fourth quarter of 2022, 81% of middle-income households reported they are bracing for a possible recession in 2023, with 62% either planning or already taking steps to prepare.
- Overall, Americans are pessimistic about the current economy and the year ahead.
- “As middle-income families prepare for a possible recession this year, it’s more vital than ever that they take control of their personal finances by addressing debt, setting a budget and keeping spending in check,” said Glenn J. Williams, CEO of Primerica.
Retrieved on:
Thursday, October 13, 2022
Banking,
Personal Finance,
Professional Services,
Finance,
NYSE,
Maintenance,
IRA,
Income,
PRI,
CEO,
Key finding attacks,
Retirement,
Bank,
Primerica The survey found middle-income households are increasingly taking on credit card debt as the vast majority (75%) report their income is falling behind the cost of living.
Key Points:
- The survey found middle-income households are increasingly taking on credit card debt as the vast majority (75%) report their income is falling behind the cost of living.
- We are seeing an increasing reliance on credit with many middle-income families reporting that their credit card debt has recently increased, said Glenn J. Williams, CEO of Primerica.
- Financial stress brought on by rising credit card balances also has more families than ever before making only the minimum payments on their credit cards.
- More than one-third (37%) report taking on more credit card debt, a 6-point increase since Junes survey and the highest number since quarterly data tracking began July 2020.
Oil,
Gas,
Retail,
Energy,
Insurance,
Finance,
Other Consumer,
Professional Services,
Supply Chain Management,
Online Retail,
Convenience Store,
Other Retail,
Restaurant,
Bar,
Supermarket,
Food,
Beverage,
Consumer,
Food,
Fed,
Technology,
Weather,
Retirement,
NYSE,
Key finding attacks,
PRI,
CEO,
Health insurance,
Online shopping,
Primerica The survey found middle-income households taking proactive steps to secure their finances as they brace for a possible recession.
Key Points:
- The survey found middle-income households taking proactive steps to secure their finances as they brace for a possible recession.
- About three-quarters (77%) believe the country will be in that situation by the end of the year, and most Americans are preparing by cutting back on spending, delaying major purchases, or planning to work longer before retirement.
- Rising costs continue to eat into their bottom line amid fresh concerns of a recession, said Glenn J. Williams, CEO of Primerica.
- The economy continues to be a major stressor for middle-income Americans, with 41% rating inflation as their top concern.
Retrieved on:
Wednesday, April 20, 2022
Restaurant,
Bar,
Supply Chain Management,
Other Retail,
Professional Services,
Online Retail,
Oil,
Gas,
Supermarket,
Energy,
Convenience Store,
Food,
Beverage,
Retail,
Insurance,
Finance,
NYSE,
CEO,
Anxiety,
Technology,
Key finding attacks,
PRI,
Restaurant,
World War II,
Time,
Netflix,
Online shopping,
Food delivery,
Amazon,
Gallup,
Primerica Concern over the ongoing international conflict is also top of mind, with 61% saying they expect it will have at least some impact on their financial behavior and decisions over the next few months.
Key Points:
- Concern over the ongoing international conflict is also top of mind, with 61% saying they expect it will have at least some impact on their financial behavior and decisions over the next few months.
- This concern mirrors a Gallup poll about inflation issues from 1946 following World War II, when supply-chain shortages and pent-up demand drove prices upward.
- These priorities compete for limited financial resources, making the need for professional guidance more important than ever.
- Among the biggest challenges people cite for keeping track of their finances are anxiety (26%) and not having time (18%).
Retrieved on:
Thursday, January 20, 2022
Professional Services,
Other Professional Services,
Insurance,
Finance,
Consulting,
Banking,
Income,
PRI,
COVID-19,
Multimedia,
Budget,
NYSE,
Key finding attacks,
CEO,
COVID,
Online shopping,
Animal,
Primerica,
Primerica’s Middle-Income Financial Security Monitor,
Primerica, Inc.,
PRIMERICA’S MIDDLE-INCOME FINANCIAL SECURITY MONITOR,
PRIMERICA, INC. Key Points:
- View the full release here: https://www.businesswire.com/news/home/20220119005986/en/
The survey found that 64% of middle-income households are confident in their current financial situation, consistent with the August 2021 poll (65%).
- Concern about COVID also remains top-of-mind with 82% saying that they expect COVID variants to continue to grow and spread.
- As we enter a new year, middle-income families remain optimistic about their financial situations, while almost 9 out of every 10 households feel increasing costs for groceries and gas could impact their budgets, said Glenn J. Williams, CEO of Primerica.
- Middle-Income Financial Security Monitor
Concern about the increasing cost of living at all-time high.
Retrieved on:
Thursday, September 9, 2021
Professional Services,
Other Professional Services,
Insurance,
Finance,
Consulting,
Banking,
Primerica’s Middle-Income Financial Security Monitor,
Primerica, Inc.,
HALF HAVE LIFE INSURANCE, BUT COVID-19 IS INCREASING INTEREST AMONG MIDDLE-INCOME FAMILIES.,
PRIMERICA’S MIDDLE-INCOME FINANCIAL SECURITY MONITOR,
PRIMERICA, INC. Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the U.S. and Canada, is releasing its latest quarterly Middle-Income Financial Security Monitor a national survey of middle-income families measuring their financial situation.
Key Points:
- Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the U.S. and Canada, is releasing its latest quarterly Middle-Income Financial Security Monitor a national survey of middle-income families measuring their financial situation.
- Primericas Financial Security Monitor measures changes in the sentiments of middle-income families about their finances.
- Were encouraged that most middle-income families are optimistic about their financial situations, although they are feeling the pressure of rising inflation, said Glenn J. Williams, CEO of Primerica.
- Middle-Income Financial Security Monitor
Nearly everyone has noticed increasing costs of goods and services.
Retrieved on:
Wednesday, October 28, 2020
Finance,
Consulting,
Professional services,
Other Professional Services,
Insurance,
Primerica,
Service companies,
Finance,
Insurance,
Service industries,
Draft:John A. Addison, Jr.,
Primerica’s Middle-Income Financial Security Monitor,
Primerica, Inc. These are the initial findings of the Middle-Income Financial Security Monitor (the Monitor) from Primerica Inc. (NYSE: PRI), a leading provider of financial services to middle-income families.
Key Points:
- These are the initial findings of the Middle-Income Financial Security Monitor (the Monitor) from Primerica Inc. (NYSE: PRI), a leading provider of financial services to middle-income families.
- Middle-income families are taking steps to save for the future and protect their assets, despite facing challenging economic times, said Glenn J. Williams, CEO of Primerica.
- Every day throughout North America, Primericas representatives are proud to help hard-working families plan for their financial futures.
- Primerica, through its insurance company subsidiaries, was the #2 issuer of Term Life insurance coverage in North America in 2019.
