It’s New Year’s Eve and a time for resolutions  It’s a time for fresh starts, for new commitments, for laser-sharp focus on all of our ills.

It’s no better time than the present to make a plan right now, but since this particular right now coincides with the new year, it’s an especially good right now.

What is the one specific action that you could start right now that would help you reduce your debt? It doesn’t really have to be big; in fact, the simpler, the better.  Maybe you’ll pack your lunch one more time a week, and add $10 per month to your credit card payment.  Something manageable, something easy, and something that you can stick with.

It doesn’t have to be the last thing you do toward your debt reduction.  Hopefully it won’t be.  But a plan to do something very easy will lead to plans to do other things that will build upon one another.

• Flashback: Look ahead to plan for bills No Credit Needed hosted Carnival of Debt Reduction #26.  This week's Flashback comes from The Common Room: Digging Out of Debt.  The poster attributes financial problems to not having a budget or a plan.  An offshoot of this is that it's possible to get blindsided by big bills, like insurance......
• Debt Consolidation Lowdown has posted! Thanks go to Debt Consolidation Lowdown for posting The Carnival of Debt Reduction #66!  I was a bonehead and scheduled him to host but didn't tell him until the end of last week, so an extra thank-you for being flexible!An especially good post was at The Simple Dollar.  He posts......

• Back to Basics: Reduce your debt Being in debt simply means that at one point you borrowed money to fund some purchase, and are now paying it back over time.  (For the purpose of this post, I'm not going to lump in "profitable" or "good" debt that is used to make money reliably for the borrower......
• Subscriber Swap Saturday: No Debt Plan Today Mr. ToughMoneyLove wants to introduce my readers to another personal finance blog that I like to read, No Debt Plan. No Debt Plan is about getting and staying out of debt with a plan.  Kevin, the author, is passionate about budgeting, saving for the future, and using goals to......