"We've Built This Latest Economic Boom On Borrowed Money"

"We've Built This Latest Economic Boom On Borrowed Money"

Elizabeth Warren of Harvard Law, our very favorite consumer debt expert, gave an interview to Marketplace this morning in which she talked about the rising cost of so-called “fixed expenses” and their affect on the American consumer.

Harvard Professor Elizabeth Warren has spent a career looking at personal debt. I asked her if consumers can sustain the engine of our economy much longer.

http://consumerist.com/2007/07/21/we-all-know-an-iphone/

We all know an iPhone costs $2,000 in the long run, but what are the true costs of a pet or a child? Mint.com has compiled a wide-angle overview, though the details will obviously vary by household.

Moving On The Cheap

Moving On The Cheap

The very best free boxes: boxes liquor is shipped in. Go to your local liquor store or restaurant with a bar area and ask them if they will give you boxes. Sometimes you can catch them before the store breaks them down for recycling and you don’t even have to tape them back together. These boxes are usually the perfect size for heavy items like books and glassware. They’re also stronger than other types of boxes, usually.

There are more tips at Curbly, but they’re all pretty basic. Let’s hear what the Consumerists have to say. What are your tips for a quick, cheap move. Our tip? Don’t use U-haul. Sell your children first.