Financial Needs Analysis

If you’re like many people, you’re in the dark about your finances. You pay your bills each month and do your best to prepare for the future. But the truth is, there’s only so much money to go around and preparing for the future can be overwhelming.

One of the most important building blocks in establishing a firm financial foundation is determining the difference between “wants” and “needs.” Sounds simple, doesn’t it? A “want” is something you don’t require for basic survival and a “need” is something you must have to live. Yet, sometimes it can be hard to tell where a “want” begins and a “need” ends – especially where immediate family is concerned. Financial health is all about the choices you make over the long term.

To help families better understand their personal finances, Karla Peres Financial offers a Financial Needs Analysis (FNA). The FNA gives a detailed overview of your current financial situation and suggests a personalized strategy for your financial security. The FNA is complimentary, confidential and customized for every family that Primerica serves.

Term Life

Term life insurance provides coverage for a specific period of time, or “term” of years. If the insured person dies within the “term” of the policy and the policy is still in force (active), then the death benefit is paid out to the beneficiary.

This type of insurance typically allows clients to initially purchase more insurance coverage for less money (premium) than other kinds of life insurance. Primerica’s “Buy Term and Invest the Difference” philosophy encourages clients to take this “difference” in premium and invest it for the future.

If anyone is depending on your income or if you have obligations (debt, mortgage, etc.) that would fall to someone else to handle if you were to die, then the answer is, “Yes.”

Life insurance acts as a substitute for income. Have you ever calculated how much you’ll earn in your lifetime? Typically, over the course of your working years, the answer is usually “a fortune.” The potential risk of losing that earning power – earnings you’ll need to fund your family’s biggest goals like buying a home, paying for your kids’ education, reducing debt, saving for retirement, etc. – especially at the early or mid-point of those years, is what makes life insurance a necessity for most people.

With the latest technology and underwriting processⁱⁱ, I can offer clients an easier, straightforward and convenient way to purchase term life insurance. With this technology I can provide a decision with actual rates in real-time in many cases. This technology also offers faster processing of applications. Policies are written in plain language, so terms and conditions are easy to understand.

Investments

While many financial professional aren’t interested in working with the middle class, Karla Peres Financial, through its affiliated broker-dealer (PFS Investments Inc.), is committed to helping Main Street families save and invest for their short-term and long-term goals.

Offers support with:

• Mutual Funds
• Managed Accounts
• Annuities
• 529 Educational Savings Plans
• Business Retirement Plans

Mortgage

Our partners are ready to help you find the right mortgage solution for your unique needs.

Whether you are a first-time home buyer or a seasoned pro, finding your perfect home is an exciting journey, and our partners are here to guide you every step of the way. As a trusted partner in your home-buying adventure, they understand that securing a mortgage is a significant decision. That’s why they are committed to simplifying the process, providing expert advice, and helping you turn the key to your new home with confidence.

They will help guide you through the pre-qualification process with the lender to estimate how much you can afford to borrow for a new home.

When you’re ready to start searching for your new home, our partners will assist you in preparing for the pre-approval process with the lender. This critical step involves a deep review of your finances by the lender and determines how much money you can borrow for a new home. Getting pre-approved by the lender will help you to address any credit issues early on so that you can focus on homes that fit your budget.

We also work with additional partners to offer other mortgage options:

Refinance mortgage loan Products

• Conventional
• FHA
• Jumbo
• VA
• YOURgage®

Home Equity Loans/Line of Credit

Home & Auto

You can take the hassle out of protecting your home and automobiles. Get competitive rate quotes in 10 minutes or less. Shop among top-rated insurance providers to help you find great coverage for your money. There is no obligation to buy – just an opportunity to save money and get the coverage you deserve.

Our partners offer a personal lines insurance referral program in which I may fefer individuals to them, which offers insurance products and services through its licensed affiliates. We do not represent any of the insurers in the program, but are happy to assit you in the process.

Pre-paid Legal

Our Legal Protection Program can help to protect you against potentially devastating legal problems. It empowers you in the knowledge that a qualified Provider Law Firm is in your corner for will preparation, estate planning, legal advice and so much more. We also offer a plan for business owners.

Legal protection services are offered by Pre-Paid Legal Services Inc. or applicable subsidiary, through contractual agreement between partners. We do not directly or indirectly provide legal services, representation or advice. Pre-Paid Legal Services Inc provides access to legal services offered by a network of provider law firms through membership based participation. Services and benefit availability may vary by state.

Identity Theft Protection

Identity theft remains one of the top consumer complaints filed with the FTC, with three in 10 Americans reporting having had their identity stolen in 2023 alone.

Victims are spending an exorbitant amount of time and money dealing with it. The criminals are getting smarter. And they’re not going away.

ID THEFT DEFENSE®, offered by Pre-Paid Legal Services, Inc., understands all the potential threats, how to protect against them, and how to restore any damage done.

ID THEFT DEFENSE helps protect your identity in three ways:

• Monitoring your personal information and financial accounts
• Providing counseling and emergency assistance, if needed
• Restoring your identity should an identity theft event occur

ID THEFT DEFENSE® is a product of Pre-Paid Legal Services, Inc. offered through our partners, which provide identity theft protection and restoration services. We do not provide these services.