Welcome to 2007 everyone!  Thanks again to NCN who filled in the busy end-of-year schedule to post the first Carnival of Debt Reduction for 2007!

A few great personal debt reduction stories in this edition:

• Debt Hater with two posts on her lessons learned on debt and personal finances.
• Debt Free 4 Ever reports on his debt reduction progress for 2006.
• Blogging Away Debt has $13k in debt gone!
• Money Walks has a debt reduction progress report.

Thanks for all of the great posts, and thanks again NCN!

• No Debt Plan has posted this week's Carnival A big thank-you to No Debt Plan for hosting this week's Carnival of Debt Reduction!  He's organized the submissions in categories for your viewing pleasure.  His picks this weeks: Help My Money Grow thinks that retirement is not for everyone Early Retirement Extreme tells us why he won’t join the......
• Flashback: Work your debt reduction plan Waaaaaay back in Carnival of Debt Reduction #1, No Credit Needed was still in debt. His post for the premiere installment outlined his debt reduction strategies. His strategies were pretty simple: Collect your debt information and list the balances, annual percentage rates (APRs), and minimum payments. Go through your budget......

• About debt reduction blogs Debt reduction blogs are a noticeable subset of personal finance blogs. People put up debt reduction blogs or websites for a number of reasons. Here are a few that I've seen: To give advice. Here, the best ones are by people who have been in debt and know how to......
• Debt Consolidation Calculator: See How To Erase Debt Faster I use a debt consolidation calculator to illustrate how much you can save with the right kind of personal loan. The other day, I wrote about some ideas on how to become debt free faster. If you’re someone with a strong credit rating but with credit card debt and various......