Housing Prices are Rising!

It’s no secret that the economy has been on a downward spiral for quite some time. While it’s hard to find anything good about that fact, the one bright spot has been, at least for hopeful soon-to-be-homeowners, that home prices were cheaper than ever before. However, a new report from the S&P/Case-Shiller Home Price Index demonstrates that home prices may be rising. The index, which tracks home prices from twenty US cities, shows a 12.1% rise in home prices in June 2013, as well as an even larger rise in May of the same year.

While prices seem to be rising across the board, the cities facing the biggest pricing increases are Denver and Dallas. Don’t let this scare you too much, however. If you’re working with a quality accounting firm, you can determine your budget for a home; in other words, your accounting firm can keep you from spending too much. For help finding a home within your budget, rely on the accounting services available through Naperville company, Susan S. Lewis, Ltd.

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Cowpie Music Festival Cancelled

It’s no secret that the economy is bad. It’s so bad, however, that many fun events, such as festivals and fairs, are being forced to take a rain check this year. Unfortunately for Michigan residents, this includes the much-loved Cowpie Music Festival, which originated in 2002 and is held each summer. The festival, which included 43 musical performance groups last year, draws in visitors from the surrounding states. The festival organizer, John Crissman, reported, sadly, that he had lost over $40,000 in the past two years and would not be able to hold the festival this year as a result.

The economy alone isn’t to blame for this bad news, however. Crissman also expressed difficulty with managing his own finances and with making a profit from the festival. Furthermore, inclement weather back in 2012 also cost the festival organizer some profits, a loss from which he still hasn’t fully recovered.

While this news is unsettling, there is a lesson in it for others who organize events or who are otherwise in business: make sure you’re working with an experienced accounting firm to stay on top of your finances. right accounting services provided by the right Naperville accounting firm, you will hopefully never have to experience the same difficulties as Crissman.

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Will an Accountant Make You Rich?

There are a lot of accounting firms out there that claim they can “make you rich.” While this type of advertising may catch your attention, it’s often the mark of a less than scrupulous company. It is incredibly important for anyone who provides you with accounting services to be honest and forthcoming with you from the get-go, which includes not making broad, over-the-top claims. While a good accounting firm can certainly help you to make the most out of your finances, to stretch your money further, and to save for the future, it’s not going to make you a millionaire overnight.

If you have realistic expectations, then you’re a lot more likely to be happy with what an accountant can do for you, which, in truth, is quite a bit. A good accountant can get you set up so that you have more money to spend, since you won’t be wasting money in other areas. An accountant can also help you to build a secure financial future for yourself and your family.

In Naperville, Susan S. Lewis, ltd. is a wonderful option for working with honest accountants who can help you to make the most of your money.

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