Carnival of Debt Reduction

A blog carnival about reducing consumer debt

Flashback: Pay more often

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.

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  • Welcome to this week's Carnival of Debt Reduction Here are the recent, on-topic posts submitted for this week's carnival.  Enjoy! Engineer a Debt-Free Life kicked off a six-part series on how to get out of debt. Get Rich Slowly highlights debt reduction in #6 of his ten steps to financial success in 2010. Man Vs. Debt is ready......
  • A post-tax-deadline Carnival of Debt Reduction Now that the tax deadline anxiety has (hopefully) passed, here are this week's debt reduction posts: Debt-Tips.com runs through the ABC's of getting out of debt faster. The Digerati Life is a fan of debt snowflaking. The Smarter Wallet shows how to get out of debt in four easy steps.......
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