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.

• Welcome to this week's Carnival! Happy Monday! Here are this week's posts. The two at the top are personal debt reduction stories. It's always a pleasure to receive these. Eliminate the Muda shares a personal story of how earning more doesn't always solve debt issues. Debt Free Adventure tells about his big win with Lending......
• Welcome to the Carnival of Debt Reduction Welcome to this week's Carnival of Debt Reduction!  This week we have a bit of an Olympic medal theme.  Four of my favorite posts (gold medals) are at the top, and this week I'm highlighting first a couple of folks who are actively reducing their debt and doing a bang-up......

• Debt Reduction and Personal Finance carnivals up! This week's Carnival of Personal Finance is up at Savvy Saver! Several blogs were new submitters to this week's carnival. Next week, the Capitalist Blogger hosts. This week's Carnival of Debt Reduction is up at Frugal for Life! Eight posts this week, and what looks like to be a......
• Debt Management Plans - How Long Does It Take To Pay Off Debts? A debt management plan can be a very effective way of dealing with a personal debt problem. However, beware that the debt repayment period will be significantly increased and your debts could therefore remain payable for many years. One of the key steps to resolving a debt problem is to......