Free Money Finance hosted Carnival of Debt Reduction #12, and the post by Retire at 30 entitled Don’t Repay Your Student Loans isn’t exactly the crux of the post, but the point inside is a good one.  Some loans are worth paying off early.  (Actually, all non-productive loans are worth paying off as quickly as possible.)  But given the choice between a credit card balance and a student loan, paying off the credit card balance before accelerating the student loan payment is usually a good thing.  The terms of a student loan are usually a whole lot better than credit card terms.  In the case of Retire at 30, the student loan interest rate was 3.43% which is actually less than inflation now, so it’s really super cheap money.  It may be even advantageous to invest the money instead of pay it off early.  So, the point of the article is, pay off the debt, but if the terms are really good, don’t necessarily hurry.

• The Super Bowl XLII edition of the Carnival is up A big thank-you to Broke Grad Student for hosting this week's Carnival of Debt Reduction.  It has a Super Bowl XLII theme.  This was put together over the weekend because I had forgotten to send the posting information until this weekend.  Thanks for bailing me out BGS! The Editor's Picks......
• DebtFREE-Revolution has posted the Carnival DebtFREE-Revolution has posted this week's 150th Carnival of Debt Reduction! Here are her three favorites: Pants in a Can writes about “Red Zone Finances” and takes some analogies from football to apply them to debt elimination I Need Motivation writes “How I Paid $25,000 in Debt Within 18 Months.“  That's......

• The Benefits of a Credit Card with a Low Spending/Credit Limit Have you ever wanted to buy that certain something from the Internet, but hesitated because you were fearful of having your credit card number stolen? How about that post transaction anxiety you felt after giving away your credit card information over the phone? Are you 100 percent certain the person......
• Stay Away From Store Credit Cards When I was in high-school, I hadn’t quite figured everything with money, and who had. When I bought clothes, I went down to Maurice’s, which was where all of the “cool kids” shopped for clothing. I went down there and would quite often buy $20 shirts, $40 hoodies, and......