Updated
Updated · Spectrum News · Apr 30
Summit Wealth Management advises New Yorkers on debt and saving
Updated
Updated · Spectrum News · Apr 30

Summit Wealth Management advises New Yorkers on debt and saving

1 articles · Updated · Spectrum News · Apr 30
  • In Jamestown, wealth manager Luke Buehler said nearly 70% of clients live paycheck to paycheck, while Fredonia residents face a 4% tax rise this year after 54% last year.
  • Buehler said overspending, rising living costs and weak long-term planning are key pressures, urging clients to track spending honestly, pay down debt and build savings first.
  • Retired teacher Bob Ricker said discipline and trusted advice helped his planning, while Fredonia Mayor Mike Ferguson said stagnant pay and a 24% poverty rate leave households with less to save.
As local taxes skyrocket, is 'paying yourself first' still a realistic solution for the average family's financial struggles?
With federal ARPA funds gone and costs rising, how will small cities like Jamestown avoid a fiscal cliff and maintain public services?
Chautauqua County's economy is growing, yet its cities are in crisis. What explains this disconnect between regional growth and local hardship?