Carnival of Debt Reduction, Thanksgiving Week Edition
November 24th, 2008 | by mbhunter |
This Thursday is Thanksgiving in the United States. If you’re traveling, please do so safely. And especially with all of the market turmoil and uncertainty, please do what you can to focus on what you have and be thankful for it.
Here are this week’s posts selected for the Carnival of Debt Reduction, starting with the earliest submission:
- Tough Money Love has some choice words for credit card issuers and some debtors who would benefit from a bailout.
- Money Help and Tips comes through with a quickie on how not to abuse your credit cards.
- Destroy Debt lists over six dozen ways to save money while saving the environment.
- Financial Wellness Project wrote a guest post over at Clever Dude reviewing You’re Broke Because You Want To Be by Larry Winget and highlighting twelve rules of debt elimination.
- Deposit Accounts Blog gives a few ways to save money by trimming household expenses.
- Master Your Card shares six things she’s learned from being in debt.
- Economic Crunch played a high-stakes salary-negotiation game that paid off handsomely toward her debt reduction.
- Fix My Personal Finance has some thoughts on how to boost savings.
- Studenomics explains an interesting debt-ranking system.
- Bible Money Matters illustrates a way to control spending using the envelope system.
- Debt Reduction Formula has some reflections on money and debt.
- Budgets Are Sexy asks if you really have to use your credit card for things.
- Debt Free Destiny asks how freely your cash is flowing.
- Credit Card Assist lists the top three ways to build better credit.
- Finance Tips 101 asks if you’ve considered debt consolidation.
- Discover Debt Freedom gives a few suggestions for rescuing your finances.
- Digerati Life asks how the economy has affected how you save money.
- Broke Grad Student lists eight resources for finding college scholarships.
- The Smarter Wallet gives a number of frugal tips for clothes-shopping online.
- Saving Advice rattles off a number of ways to feel better without spending a lot of money.
- Credit Addict explains how to evaluate balance transfer credit card offers.
- The Happy Rock reviews Dave Ramsey’s Baby Steps.
Next week we have Green Panda Treehouse hosting. Have a great week!
6 Responses to “Carnival of Debt Reduction, Thanksgiving Week Edition”
By Peter on Nov 24, 2008 | Reply
Thanks for including me in the mix!
By Studenomics on Nov 24, 2008 | Reply
Thank you I appreciate that you have included my post.
By Debt Reduction Formula on Nov 24, 2008 | Reply
Thanks for including my post, MBH. Just Stumbled this to get you some traffic.
By Budgets are Sexy. on Nov 24, 2008 | Reply
i’m thankful for the awesome PF community! keep it up everybody
And thx for hosting!
By stocks on Dec 3, 2008 | Reply
Great, thanks and appreciate the time and effort to produce this post.
By Debt Consolidation - Knowing All the Options You Can Use! on Aug 15, 2009 | Reply
In these modern times we all seem to know an awful lot more about debt than ever before as many of us have it in abundance. Trying to find someone who has no debt whatsoever is like trying to find a needle in a haystack and you would be forgiven for thinking that they don’t exist.
Is it just me, or is there something wrong with this picture? Surely there should be more people free of debt? In our apparently wealthy and well-developed western world one would think that we would have the knowledge to help us live free from debt yet this is not the case.
With all this debt, more and more of us are beginning to buckle under the burden and one of the main causes is our love of the credit card or rather the love of being able to purchase things that we can’t afford today with a piece of plastic that we can pay back tomorrow!
This is all well and good, but what if we are given too much credit? So much so that it exceeds that which we can afford to pay back and add to that an interest rate that increases whenever we make a late payment. Voila! Instant high interest debt problem!