my mom is ******* insane

**JacobM5727** · December 8th, 2003, 06:14 PM

ugh!

im so mad.. here is the deal:

i got a job interview at a mortgage type bank
primerica, its a division of citi bank (incase you've heard of it)

good news, i have a third interview on thursday, which as far as i can tell means "youre hired, heres the boss"

bad news, i need a license to be legally able to do the job, since its loans, life insurance, ect ~ my mom wont loan me the money for it ($200 which i dont have) because apparently being paid on commission is not a real job, and is a scam (this is the woman who thought ud was a scam)

she always pulls this crap.. i thought most people in that area got paid on commission.. besides, 0.7% on a 200k loan is a lot of money for me

**Bovon** · December 8th, 2003, 06:34 PM

Salary + commission is a job...commission only is not.

Who sells the license?

What is your track record about paying back family 'loans"?... she probably does not have $200 bucks to put out on a long shot. If you should make good...alls well in paradise, but if you loose out, whos out of some money?..

Think about it.

**RedFury** · December 8th, 2003, 06:35 PM

Ah, Primerica. My 401k is managed by Primerica, and my POC ( point of contact ) had us look into the Primerica deal you are interested in.

This interview process....it is a kind of scam to get you excited for the job...to make you feel special ( I had a job that did a similar thing...selling paintings business to business ).

Now, I'm not trying to ward you off of Primerica. It's a good company, and people make nice money doing it. You just need to know that this is the kind of job you want to do...dealing with people, numbers...insurance.

My wife went to the classes ( where the $200 comes in ) which was 40 hours of classes in 2 weeks time. Now, there is another fee to pay....$65 to take the licensing test. My wife found she wasn't interested in Insurance and we didn't get that far with it ( she hasn't been interested in much lately, so don't read to much into that ).

But, basically you are going to be a mortgage refinacier with the side purpose of selling life insurance. Personally I have the insurance, and it is 2x better than the insurance I was paying for through Colonial. What Primerica offers is a way to pay off your debts faster, and loosen the grip of Credit on your money by making you self sufficient ( over time ).

If you are living at home with your parents and have really nothing to lose, it's worth getting into because you aren't going to make a whole lot of money in the beginning simply because you are learning the process and gettin used to doing this as a career. ANY job you take is going to have a "break in" period that varies in time...just a matter of when you are finally comfortable with your new job. Like any job, the longer you do it, the better you get at doing it.

It's like being a car salesman. You get a commission on every car you sell. Sounds great in the Summer when everyone is buying cars, but Winter rolls around and you sell 2 cars the whole month...then commissions take a dive. Save in the Fat so you can survive the thin is the best piece of advice I can give you when it comes to commission jobs.

I have a friend that works for Mazda selling new cars. Of all the people, I never thought of him as a car salesman ( he doesn't know diddly about cars! ). Guess who made Salesman of the Month for his entire region? 2 years later, he's doing pretty well for himself.

If it's a matter of the $265 dollars, get a part time job at Mc Donalds while you go to the classes or something to help pay for it...at least show that you are serious enough. If you were my kids and just ask me to plop down $200 for some perceived "scam" I'd tell you to take a hike too...especially if I found out it was going to cost me MORE money. Now, if you said that you want to get involved in this and it was going to cost XXX and you wanted to make some money to pay for it, and see if Ma and Pop could help out since you are a man of meager means at the moment..... might just loosen up the wallet a bit easier.

**JacobM5727** · December 8th, 2003, 06:41 PM

its a state license, i think

thanks redfury - they told me the class for the test is 3, 8-hour sessions, then the test

im not mad about her saying no, im mad about her thinking everything is a scam and being all paranoid

bovon, its not a loan like, "i need a new paint job for my car $$$" - the company will reimburse me, plus i have a good track record as far as family loans go

i want a job like this, rather then a crappy mcdonalds job ect, since im going to school full time in the spring, and this has very flexible hours, unlike mcdonalds ect (they say they do, but so did other places ive worked

)

**RedFury** · December 8th, 2003, 06:50 PM

Flexibility in hours in this program is based on how hard you want to work at it, the actual hours you work are based on the times the customers are least inconvenienced by, which can vary from early morning to late at night. This is right there in the service industry like hospitals....to see the most clients, you have to be on call.

**JacobM5727** · December 8th, 2003, 06:54 PM

yeah, odd hours are ok with me, besides - i dont want to take this job to make lots of money, i want to take it to be working - if it doesnt work out, i will just be a fulltime student, i would just like to have some money for things now and then, if it comes down to it, i can take something more structured.. but no foodservice jobs

**Gomer** · December 8th, 2003, 06:59 PM

Ever consider physical labor?

**JacobM5727** · December 8th, 2003, 07:06 PM

nope

**Gomer** · December 8th, 2003, 07:07 PM

pays better than foodservice... no $200 fee required. Might want to keep it in mind.

**brandon184** · December 8th, 2003, 07:10 PM

Starting out in a commission-only position can be difficult, as it's probably more difficult to actually attain clients/acconts than you would think. The industry is "overpopulated".. and the significant majority of those involved in the industry don't make any money doing it.

They reel you into these commission-only jobs by giving you the charts and such that show that someone in the position has the potential of making extravagant amounts of money every year.. They also make it seem extremely easy... despite the fact that it's anything but easy, even for some seasoned veterans of the industry who know it inside out and backwards.. the same seasoned veterans who will be working against you to try and get accounts.

You really have to wrap your head around the fact that you could be going to work for a very long time and literally making absolutely nothing.

If you want my honest opinion - unless you have few other options, don't have a problem with an unstable income, know the industry somewhat well and have a proactive interest in what you'd be doing - I'd find something else.

- Brandon

**TOAD6147** · December 8th, 2003, 08:31 PM

If youy really want to break into a job like this then go to work for a bank. You'll probably start out as a teller but if it's something you really want to do you could soon be doing loans, insurance, and securities. And they will train you and pay for the testing and licensing to boot! The pay isn't that great starting out but the benefits are tremendous.

**MatrixmaN** · December 8th, 2003, 09:16 PM

LOL.

I went to a Primerica meeting the other day. Some guy got forwarded my resume and I came in thinking they were hiring for multimedia designers.....he was very vague and im jobless so I went on thrursday.

Little did I know I brought my portfolio for nothing because it was merely a seminar teaching me how to make money and how to help people save money and make money while im at it. It sounds like a good plan, but I dont have the dough to blow on it and they "flexible hours" and a licsence make it a bit iffy for me.

I got snowed out on saturday and couldnt make it to the "follow-up" so im goin back thursday. I live @ home right now but I'm not sure if Its a good job.

**RedFury** · December 8th, 2003, 11:51 PM

Well, IMHO, it's a job for someone that can handle an insecure income, which is what this kind of job brings. Commissioned jobs usually pay over time, not week to week.

For example, my friend at the dealership has a friend that went to sell Porsche's ( sweet ). They are structured on a sell now, pay later approach, so a deal he makes today, he may not see the money for it until six months later, when the Porsche arrives at the dealership with all the bells and whistles the customer ordered. Works on a loose definition of residual income.