Sharon A. Parker, Primerica Financial Services Provider

04/18/2024

Okay, here's some FACTS about life insurance! And yes, I'm a licensed agent.

Term Insurance - Simple
You get the face value of the policy with nominal payments.

Whole Life - Not so simple -
It's a term cash value policy payout at time of dealth with a cash value attached.

Selling point: YOU CAN BORROW AGAINST IT!
Hidden point: YOU BORROW FROM YOUR OWN CASH NOT THE POLICY VALUE.

Selling Point example: Policy cost $200 ($80 pays for the term policy/$120 goes in to the cash value)
Hidden Point: The first three years of your $120 goes to the agent with no cash value accomulation until till after the three years. Which means you gave the agent $4320.00 of your CASH!

Selling Point: You can borrow against the policy, NO, borrow against your $120 a month.
Hidden Point: At the time of death, if you borrowed against your own money NOT THE TERM POLICY, they will take it out your policy. So, if you borrowed $5k and your policy is $10k your family will ONLY get $5k. Okay? And ALL the money you put in cash YOUR FAMILY DOES NOT GET IT -the Insurance company keeps it.

WHOLE LIFE Policies - Best use if you're going get a whole life policy it for some business wealth creation short term. Those of you thinking you’re getting WHOLE LIFE for your whole life - you’re not! They're getting your whole life's saving! Buy term ONLY find you a good investment broker, I know one, and invest the rest!

Okay, bye! Thank me later! Call me sooner!

01/05/2022

It’s the new year you’re proclaiming a new you then let’s sit down and get some new plans!
It’s time for a release! It’s time to make some important moves regarding your financial future!!
It’s not your resolution that makes the difference it’s your resolve to make a difference that makes a difference!!
I would love an opportunity to earn your, your family, and your friends' financial business!
We do estate and financial planning and education!
Can you see a need and a desire for a fully financed retirement while you layout on the beach with me “Living on Vacation?
I am looking forward to building a meaningful relationship with you for your financial future!
Let’s get to planning!
Thank you.
Sharon A. Vaughn
State of Florida Licensed Insurance Agent
**********************************************
COMING SOON to the State of MISSOURI!
All my friends & family in the State of MISSOURI

05/31/2021

A Salute to Black Wall Street premieres tonight at 8pm EST

100 years later, descendants of townships like Greenwood ask,
“What did we learn?”

Click below to join us at 8pm EST.

https://odysseymedia.us18.list-manage.com/track/click?u=46c6fbb5ce21f17f9a2c0ab7d&id=e06063dc0d&e=c1699cca83

Watch Episode
You have full access to the Shoebox File Cabinet Series. Don't miss the upcoming episodes:

The Coffee Can Tradition: June 1

The Family Financial Plan: June 2

Where Are Your Important Papers? : June 3

How to Retire in Style: June 7

No Excuse: Save! : June 8

Odyssey Media presents the Shoe Box File Cabinet sponsored by Prudential. This 6 part series is a testament to Prudential’s ongoing commitment to financial education and financial literacy in the Black community.

12/04/2018

http://askprimerica.com/2018/11/four-ways-to-control-your-holiday-spending/

The holidays are a time we tend to get generous with giving and with spending, and for some that means racking up credit card debt. Last year, Americans charged more than $1,054 in holiday spending – about five percent more than the year before!* Here are some tips to be both cheerful and frugal t...