Thanks to I’ve Paid For This Twice Already for putting together a great Snowflake Edition Carnival of Debt Reduction!  Paid Twice has started a new website called SnowflakeRevolution.com which is designed to be a “compendium of snowflaking blogs” — the kinds of snowflakes that build up to be debt snowballs.

Here are her three Editor’s Picks for this week:

• Life Lessons of a Military Wife on the ugly payday loan
• David on Finance with the failure of neglect
• Natural Moms Talk Radio shares how she got out of debt

Please check out the Carnival for the rest of the great posts!

• Blogging Away Debt has posted Carnival #116 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......
• 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......

• New Life, New Debt: Newlyweds Combining Finances Last year, my wife and I got married.  We were dating for over 5 years before we got married so we kind of new each others financial situation.  I was done with school and working full-time.  My wife continued her education by going to grad school while working part-time.  There......
• What are Payday Loans? Should you Use Them? Payday Loans are blasted throughout the personal finance world, to be avoided at all costs, but what exactly is a payday loan? What is a Payday Loan? According to The Payday Place, a pay day advance is, a loan that can get you a sum of money (usually a few......