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!

• DebtFREEEEE-Revolution has posted the Carnival Thanks go to DebtFREE-Revolution for hosting this week's Carnival of Debt Reduction! Two posts made their way to the top of this week's submissions: Me Vs Debt recalls her dumbest purchase ever. Chic Saver brings her readers up to speed on her progress and her potential problems. Please check out......
• Paid Twice has posted the Carnival 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.......

• 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......