Journey to Financial Freedom hosted Carnival #23, and this week’s Flashback is from Healthy, Wealthy, and Wise: Making Monthly Payments Weekly.  Dividing up your payments (paying a fraction every week rather than once a month, for example) allows a faster paydown of a loan.  Plus, if you divide your payment in four and pay once a week, you actually sneak in a full extra payment a year, but it hardly feels like it.  This is an extra trick you can use to pay down your debt faster.

• Flashback: Pay down debt before you save a lot K's Financial Progress hosted the 4th Carnival of Debt Reduction.  The top article on that carnival was written by Jim over at Blueprint for Financial Prosperity: Don't save, pay off debt! His argument is a good one.  If you have a lot of credit card debt or loans to pay......
• Flashback: Quit whining Wealth Today hosted Carnival of Debt Reduction #28, and today's Flashback from that Carnival is from Young and Broke, now Cakes and Ale: Generation Debt or Generation Whine?  This was a commentary on Generation Debt: Why Today is a Terrible Time to be Young, and she felt that the book......

• Reader Question: Which Loan Should I Pay First? I got a question from a reader recently and when I tried to e-mail her back the email bounced back to me. Seems pretty odd because it was persons full name at a very well-known company. It was a well thought-out question and I hate to leave it unanswered, so......
• My Extra Payments towards my Auto Loan was not being applied to Principal! It was a cold winter day in 2006.  I was 6 months out of law school working at a firm where I usually stayed till about 7pm.  I walked to my trusty, lovable Nissan 240sx.  This car had so many miles the odometer literally stopped working (I am not......