A big thank-you to Squawkfox for hosting this week’s Carnival of Debt Reduction. The pictures and words of the beginning of summer are a nice addition to the Carnival!

Her three favorites this week:

• TooSmart recounts a payday loan horror story.
• Uncommon Cents offers up the basics of debt reduction.
• Persistent Illusion suggests ten ways to save your money as one ingredient to a successful debt reduction plan.

Please check out the rest of the Carnival and visit some of the other great posts!

• Living Almost Large has posted Carnival #152 Living Almost Large did a bang-up job with this week's Beijing Olympics Carnival of Debt Reduction.  Four posts got the gold medal: Nate Scott talks about what he wants to do as he becomes debt free Making Sense with Common Cents Chris Johnston discusses how dealing with debt sometimes means......
• Living Almost Large has posted the Carnival Thanks to Living Almost Large for hosting this week's Carnival of Debt Reduction.  We both got a bunch of snow over the past couple of days, and on my end it took a while for the Internet to thaw out.  So here are the Editor's Picks for this week: Payday......

• Some carnivals for this week! It's been a busy time for everyone, but lots of great posts made it to some of my favorite carnivals: The Carnival of Personal Finance, hosted here! Next week, The Real Returns hosts! The Festival of Frugality, at Free Money Finance! Next week, Frugal For Life hosts! The Carnival......
• Carnivals are up! Jim of Blueprint for Financial Prosperity has the seventh installment of the Carnival of Debt Reduction up. Next week this Carnival travels to MyMoneyBlog.com. If you're interested in hosting this growing Carnival, check out the schedule and guidelines here! Additionally, the Carnival of Personal Finance #20 is up at......