Carnival of Debt Reduction: Spring Forward edition

March 9th, 2009 | by mbhunter |

Hello, and welcome to the Carnival of Debt Reduction!  Sunday saw the beginning of Daylight Savings Time in the United States, which meant a lost hour of sleep until the fall.  Enjoy the later sunsets, and enjoy the carnival!

  • Peak Personal Finance talks about the pitfalls of renting to own.  This is not something you want to get into if you’re trying to reduce your debt.
  • Pimp Your Finances shares his February update for his debt reduction.  Lots of progress!  Great job!
  • Money Ning pens a somewhat philosophical post that puts wealth (a fruit of debt elimination) into perspective.
  • Bargaineering reveals the best used cars for college students to own.  No need to add lots of auto debt to student loans.
  • DebtGoal runs through a few what-ifs with home modification loans.  Tying consumer debt to your house is not something to be done lightly.
  • Gather Little By Little describes the phrase that’s taking the personal finance blog circuits by storm: debt snowflaking!
  • Credit Card Assist posts a good resource on evaluating credit counseling agencies.
  • Leave Debt Behind tells how to pay down your debts quickly.  (Not surprisingly, one of the suggestions is to stop spending on things you can’t pay with cash.)
  • Money Smart Life shows how to avoid getting feed to death.  Every little bit helps.  Call it a snowflake!
  • ChristianPF gives a summary of financial goals for 20-somethings.  The first one has to deal with debt reduction.
  • American Consumer News suggests that it’s not the best to default on your car loan.  (Yeah, well duh, but some alternatives are given as well.)
  • Savings Toolbox gives a few ways why online savings accounts make sense.
  • Studenomics reveals the main reason so many young people are in debt.

  • Learn Financial Planning gives seven things to remember when buying a car.  Be sure to keep your debt reduction goals in mind!
  • Digerati Life tells how to lower your car insurance costs.  A few bucks a month is a few bucks a month toward debt repayment.
  • The Smarter Wallet discusses upside-down mortgages and walking away from them.
  • No More Spending asks if your budgets has as much fat cut off as it could.
  • Sun’s Financial Diary spreads the word about new tracking features on Quicken Online.
  • Tough Money Love breaks it to us: There are no secret programs for credit card debt.
  • My Dollar Plan discusses home downsizing.  This isn’t an option for everybudy, but if the writing’s on the wall, why not?
  • Personal Finance Analyst shows how to pack a little more snow on your snowball.

Thanks for reading, and have a great daylight-filled week!

(Photo: Randy Son Of Robert)

Questions tagged credit-card at Cash Commons:

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  1. 11 Responses to “Carnival of Debt Reduction: Spring Forward edition”

  2. By Studenomics on Mar 9, 2009 | Reply

    Thanks for the mention! The lost hour of sleep isn`t that bad, now we get more sun light in our days!

  3. By Laura on Mar 9, 2009 | Reply

    Thanks for including my post and hosting the Carnival :)

  4. By Valencio on Mar 9, 2009 | Reply

    Thanks for the very informative links on financial planning. I have forwarded this to all my customers and leads :)

  5. By Mr. ToughMoneyLovw on Mar 9, 2009 | Reply

    Thanks for the excellent collection of articles and for including mine.

  6. By Evelyn Guzman on Mar 9, 2009 | Reply

    What a carnival you have! And just like the real carnival, it made my head spin in a good way. The resources are valuable and will help the readers in a number of ways. They all look so appealing that I didn’t know which one to click first! I wish I thought about that.

    Evelyn Guzman
    Debt Challenger

  7. By RB @ recessionsblow on Mar 9, 2009 | Reply

    Excellent carnival, lots of good advice. I especially enjoyed reading “There are No Secret Programs for Credit Card Debt”. How true is this? (very) As said in the article the best way is to make payments and extra ones when you can.

    Thanks for the good list of links.

  8. By Debt Reduction on Mar 10, 2009 | Reply

    Thanks there is a lot of good info here. I will use it well.

  9. By Peak Personal Finance on Mar 14, 2009 | Reply

    Thanks for hosting and including my article on Renting to Own!

  10. By Peak Personal Finance on Mar 14, 2009 | Reply

    Good review of the week in finance blog carnivals.

  11. By debtconsolidation on Mar 19, 2009 | Reply

    I hope you will post more informations about this topic in the future.

  12. By Johanne on Mar 19, 2009 | Reply

    Timely post. A lot of the links were very helpful.

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