Wanna Save Money? Move in With Mom

October 7th, 2011 - By TheEditor

(New York Times) — Here’s a way to save money: Move in with relatives.Lots of Americans have done just that during the economic downturn, an analysis of census data from the Pew Research Center finds.  In fact, the trend helped touch off the largest increase in the number of Americans living in multigenerational households in modern history, the report says. From 2007 to 2009, the total spiked to 51.4 million, from 46.5 million. Such households might include a couple and their parents or in-laws, adult children, younger children and grandchildren.

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