A big thank-you to Tricia from Blogging Away Debt (who is now halfway toward her debt payoff goal!) for hosting this week’s Carnival of Debt Reduction. Her five favorites from this week’s submissions:

• Cooking Money posted on the side effects of being in debt
• I’ve Paid for this Twice Already … who posts on paying as much as she can vs. how much she could afford
• Bag Lady wonders when the American Dream became debt
• One Girl’s Quest is getting serious about debt reduction
• My Dollar Plan posts on when exactly does the 0% credit card expire

Be sure to check out the rest of the great posts in this week’s carnival!

• 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......
• Not the Jet Set has posted this week's Carnival! A big thank-you to Not the Jet Set for hosting this week's Carnival of Debt Reduction! He chose five posts as the highlights of his Gazelle Intense edition of the Carnival: Canadian Personal Finance Blog posts on the worst financial advice given Christian Money and Finances discusses what the Bible......

• The Truth about Credit Cards and Debt pt 1 This is part one in a two part series about credit card debt and where we actually stand as a nation when you consider the pure numbers. You have probably heard figures like "The average American carries more than $8,000 in credit card debt on average." But what does this......
• A New Way to Consider Personal Finance Through the past few years, many of us have been conditioned to believe that being in debt is a bad thing. While it certainly may be true that debt is dangerous in the wrong hands, there are actually many ways that debt can be very effective and can actually help......