Financial Planning and Advice Blog for Syracuse
Want to keep up with the latest news in the financial sector? HighPoint Advisors in East Syracuse, NY makes sure all our clients have the latest up to date financial information to better plan for their future. Feel free to browse the blog below to learn more about the current financial market.
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Cashing Out on Bad Spending Habits
By Sarah Flick June 1, 2020 No Comments
Four tips to help keep you from overspendingDo you find yourself looking out at your porch more often, wondering when your next Amazon package will arrive? Do you leave the grocery store with a couple more bags than you planned for? Do you feel like sometimes you just want to buy stuff? For almost 16% of Americans, “buying stuff” is an addiction, or what the American Journal of Psychiatry calls a “compulsive habit of buying with significant adverse consequences.” While you’re likely not addicted to buying stuff, overspending is a common barrier to saving for retirement and achieving other financial goals. The more you give in to unplanned or excessive purchases, the more harmful they can be to your financial health. Instead of giving in to spending impulses, use these four basic tips to help you avoid your compulsion to buy stuff! Keep on reading...
Avoiding COVID-19 Scams
By Sarah Flick May 6, 2020 No Comments
May 6th, 2020 Scammers, fraudsters, and other criminals are taking advantage of rapidly changing data and facts associated with COVID-19, both in the workplace and in our homes. Government agencies, corporations, and news outlets continue to warn individuals to be mindful of increased fraudulent activities during these uncertain times. These scams, which can be sent via email, text message, and social media claim to provide COVID-19 updates, sell products, ask for charitable donations, or reference government aid packages. These messages appear to be legitimate in nature but seek to fraudulently obtain personal information, financial gain, and create panic. Use these tips to identify and avoid scams: Keep on reading...