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!

• Got questions? NCN has got answers in Carnival 113! No Credit Needed has posted this week's Carnival of Debt Reduction in a question and answer format. You'll find answers, like: Would you sell you car to pay off debts? Should you get a second job to help pay off your debt? Should you cash out your retirement to pay......
• Welcome to the Carnival for this week Here are this week's posts on the topic of debt reduction: Debt Reduction Formula calls consumer debt the worst kind of debt. Personal Finances, Budgeting, and Saving Money discusses snowballs and credit cards. Studenomics explains how to avoid credit card fees. Sun's Financial Diary tells us about what a household......

• Links I only participated in one carnival this week, The Carnival of Twenty Something Finances hosted by we like money. We like money is a blog about a young married couple's adventures in finances, early marriage and digging out of debt. Here are a few links to the articles that I......
• 5 Ways to Make Saving Money a Lifestyle You know what the problem is: you do not save enough money, and now that the economy is down, you are suffering, too.  Saving used to seem easier than it is since priorities have changed. You cannot be without a good savings plan because if you are ever going to......