Thanks go out to American Consumer News for hosting this week’s Carnival of Debt Reduction!

This week we have a Secret To Life edition. The three Editor’s Picks this week are no secret, though; here they are:

Frugal Dad investigates how to identify the why of becoming debt free. (My three-year-old daughter has no problem asking “Why?” all the time, so maybe she’ll have the answer.)

Mad Kane’s Humor Blog (here’s a new one for me!) amuses us with the loose change exchange

Almost Frugal tells it straight: What do you do when you fall off the wagon?

Enjoy the rest of this Week’s carnival!

• Carnival of Debt Reduction up at My Money Forest My Money Forest, sporting a new, cool blue design, hosts this week's Carnival of Debt Reduction!Picks for this week:We're in Debt talks about rationalizing your spending and why you shouldn't do it if you're trying to get out of debt.My New Choice compares being in debt to being overweight.Blogging Away......
• Paid Twice has a scary Carnival of Debt Reduction! Thanks very much to I've Paid For This Twice Already ... for hosting this week's Carnival of Debt Reduction!  A pretty large number of articles this week, with six editor's picks:Debt Sucks talks about the upcoming student loan payback in a post entitled Crisis Imminent.TV Girl and Money describes how......

• Best of the Rest: Contest Edition It's Sunday, which means the Your Negotiators contest is over and we're here to announce the winners. And they are...@bucksome, @mgmommy0930, and Michael. Congratulations! They've been contacted and after working with Your Negotiators, hopefully we'll get a testimonial about how the experience went. This week's must-reads: Two are from Financial......
• Why Debt Settlement and Loan Consolidation Don't Work. Debt settlement companies and consolidation loans look like a lifeline when you're staring a 5-figure debt load in the eye. But this is rarely the case. In fact, most people only end up prolonging their indebtedness and adding unnecessary fees and costs to the effort to find financial freedom. As......