Canadian Capitalist hosted Carnival of Debt Reduction #19, and this week’s Flashback comes from Investing Intelligently: Pay Down That Debt With Your Tax Refund.
These are Canadian personal finance blogs, but taxation is a sad reality in many countries, so this advice applies elsewhere as well.  This advice is especially timely in the United States, as not only will some of us get a tax refund, many of us will get a tax rebate.  These are both windfalls that can be used wisely or foolishly.  Prudent use of a windfall such as a tax refund can kick-start or add new life to a debt reduction program.  Watching that balance go down is a wonderful feeling, and watching it go down a lot is even better.

• Debt reduction tip: Emergency! Emergency! Throwing extra money against your consumer debt is a very good thing to do.  (The credit card companies hope that you don't do this, because it allows them to charge you interest for a really long period of time, sometimes over a decade.) So if throwing extra money at your......
• Flashback: Gain inspiration to reduce your debt Blueprint for Financial Prosperity hosted lucky Carnival of Debt Reduction #7.  The flashback post from that carnival comes from Chief Family Officer: Get Inspired! (To Reduce Your Debt) The quote from the post says it very well: "Sometimes it's hard having debt and finding the motivation to pay it all......

• Four Ways to Get a Bigger Tax Refund in 2009 and 2010 Ah, tax season is upon us.  We are all scrambling around for receipts and trying to get our taxes completed especially if we have refunds coming from the Federal government.  Since we are all thinking about taxes, now is a good time to give some tips for getting a bigger......
• Getting Out of Debt 103 Debt Elimination Step #3 - Finally, you have to implement what is known as a debt snowball. The third and final step of this process, implementing a debt snowball, is a step that could easily require several years depending on how much debt you are dealing with. Once you have......