No Credit Needed has posted this week’s Carnival of Debt Reduction in a question and answer format. You’ll find answers, like:

• Would you sell you car to pay off debts?
• Should you get a second job to help pay off your debt?
• Should you cash out your retirement to pay off debt?
• And why in the world do we get into debt in the first place?

Bloggers’ answers to these questions and others are in this week’s carnival, so check it out! Thanks NCN for hosting!

• Squawkfox has posted the Summer Solstice Carnival of Debt Reduction A big thank-you to Squawkfox for hosting this week's Carnival of Debt Reduction. The pictures and words of the beginning of summer are a nice addition to the Carnival! Her three favorites this week: TooSmart recounts a payday loan horror story. Uncommon Cents offers up the basics of debt reduction.......
• Carnival for this week Here are this week's debt-reduction related articles: Free Money Finance hosts a guest post on 11 smart ways to help get out of debt. Christian Personal Finance discusses how to apply a lump sum payment to your debt. The Smarter Wallet has a bold way to get debt canceled:  just......

• There is Life After Debt One of the greatest myth's people have bought into is the benefit of bankruptcy. This idea brings us to the fourth Biblical Financial principle, which is the understanding that there is Life after Debt. Understand God’s Ownership (Psalms 24:1) Learn to Save Money (Proverbs 21:20) You Must Live on Less......
• Money-money-money-money carnivals for this week The Festival of Frugality #13 is up at Simply Thrifty. Next week, Neo's Nest Egg hosts! The Carnival of Investing #12 is up at Personal Finance Advice.  Next week, Investor Geeks hosts! The Carnival of Debt Reduction #25 is up at Blueprint for Financial Prosperity. Next week, No Credit Needed......