Daily Interest: A Very Expected Economic Impact

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This place looks nice enough to visit even if it wasn't Mordor.

This place looks nice enough to visit even if it wasn’t Mordor.

Here’s the news that caught my eye today while wondering if winning  ”Person of the Year” comes with a monetary prize.

(It’s probably just honorific. Time is so cheap.)

  • Is it counter-intuitive to pay for personal finance books? Not if they’re the best of the year. Check out this top-five list, covering entrepreneurs, getting out of debt, and more. (And then check your library to see if you can get them for free.)
  • Some student loan borrowers are getting a great gift this year: forgiven student loans. The Rolling Jubilee (remember them?), just mailed its first forgiveness letters. If you receive one, happy holidays to you!
  • Let’s face it: If you’re of age, you may indulge in an alcoholic beverage over the holidays—be it nog-based or otherwise. Well, Cheapism has you covered with ways to “drink responsibly,” i.e., find holiday liquor on a budget. (But of course, you should always “drink responsibly” in the traditional definition as well.)

What money-related news caught your eye today? Let us know in the comments. 

(Photo: SidPix)

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Leave A Reply to Ryan Lane

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  1. Glenn Hall December 20, 2012 / 7:47 am

    As long as readers are of age (see Ryan’s last comment above), they may be able to get cheap drinks if they can find a place where “Drink Exchange ” is set up. Not only can you get free drinks, but it is a good Economics lesson — you can find out how markets work!
    http://www.wired.com/business/2012/09/st-drink-exchange/

    • Ryan Lane December 20, 2012 / 8:43 am

      That’s fascinating but definitely seems dangerous. Hard enough for some to drink responsibly, even when they aren’t buying shots of tequila because they’re “the best deal.”

      • Glenn Hall December 20, 2012 / 9:26 am

        I’m fascinated by the whole idea of prices adjusting in real time. I wonder if it would work for hamburgers or pizza. (hint: a possible business idea for aspiring entrepreneurs!)

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