Skip to Content

Extreme Makeover's Michael Moloney: If you can't afford to renovate, then edit

More
Text SizeAAA

Filed under: Home, Saving Money, Simplification, Celebs & Money, Video, Economizer

Lots of us find that at the end of the month, we don't have any money left. The recession has forced millions of Americans to put off dreams of renovating or redesigning their homes. Designer Michael Moloney has a gift for quick and effective decor. After all, he whips up stunning new rooms within days every week on ABC's Extreme Makeover: Home Edition.

Taking off from the show's episode this Sunday, in which a family's plans to build their dream home are derailed by a freak accident, Moloney calls in to WalletPop's studios to talk with Jason Cochran about the things you can do if you find you can't afford that dream makeover anymore.

You can whittle down the things you already own. You can freshen things up by moving your stuff all around the house to new locations. Or, if you have $14 left in your pocket by the 31st, you can give any room a dramatic new look with one simple solution.

Watch our conversation with the design whiz below. You can also watch our conversation with music star Xzibit, who is making his second appearance on the show this weekend as he pitches in to help another needy family.




Subscribe to Walletpop

Featured Partner

What is Your Home Worth?



Mortgage Basics

Readers' Choice Winners for Best in Winter Travel
Votes have been cast for Best Ski Hotel, Best International Ski Destination, Best Caribbean Cruise ...
Readers' Choice Awards for Best in Sweets
Is there a maker of fine chocolate candy that makes your mouth water just thinking about it? Who ...

Tom Barlow
Tom Barlow Filed under: Food

No seed shortage for gardeners this spring, despite reports to the contrary

Thanks to the recession, more Americans are interested in growing their own vegetables. Bad timing, according to an Associated Press report that seeds for some popular veggies might be in short supply ...
Mitch Lipka
Mitch Lipka Filed under: Recalls, Consumer Ally

Deaths spark crib recall: CSPC says to stop using Generation 2 and ChildESIGNS cribs

The U.S. Consumer Product Safety Commission is issuing a crib recall and warning anyone with Generation 2 Worldwide or "ChildESIGNS" drop side cribs to stop using them following reports of the deaths ...
Zac Bissonnette
Zac Bissonnette Filed under: Real Estate

Survey says? Homeowners think real estate collapse is over

A Thomson Reuters/University of Michigan survey published last week suggests that most homeowners think the worst is over, and don't anticipate further declines in the value of their properties in ...
Zac Bissonnette
Zac Bissonnette Filed under: Extracurriculars, Recession

Dave Ramsey's recession-themed pick-up lines

Get out of debt guru Dave Ramsey is now in the hookup business. He has provided his fans with a list of recession- and debt-themed pick-up lines. Here are a few of the best ones, with an archive of ...

Headlines from WalletPop Partners