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 made it too easy to just complain about the times we live in and do nothing about it:

From her post:

“In my opinion, we can all cut back.  If you have a job, even if you have student loans, you can save.  I think that most of all we need to stop being so pessimistic and complaining about our financial misfortunes.  Misfortune will always be there – but you suck it up and keep working, keep striving for more.  Because what good does sitting around whining do?”

‘Nuff said.

• Flashback: Debt reduction math vs. psychology Carnival #2 was posted over at No Credit Needed. (You'll be seeing a lot of Flashbacks from his carnivals -- he's done a lot of them!) One article from Five Cent Nickel in this carnival has gained a lot of traction: Dave Ramsey is Bad at Math. Actually, it's the......
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• Student Loan Debt For Charity Student loan debt in America is becoming an ever increasing crisis. The average student leaves college with over $45,000 in debt and in 2007 students borrowed $18.5 billion, up 6% from 2005-2006. This growing trend is causing many young Americans to question if college is worth the investment all together.......
• Running Out of Time? How to Catch Up Financially Before it is Too Late Whether you are pushing thirty and trying to get your first home or your retirement is staring you in the face, there are times when you may feel as though you’ve run out of time financially. We don’t always make the best decisions when it comes to saving money and......