Welcome to this week’s Carnival of Debt Reduction!  Personal debt reduction stories are up top.

Do you have debt reduction questions?  Ask them at Cash Commons!

• Live Real, Now shares updates on most expenses, and talks about how he gets his bill payment amounts reduced.
• Steadfast Finances has a good illustration of how your debt (and other things) can own you.
• Bargaineering lists some psychological money tricks; #1 and #2 are useful for reducing debt.
• Christian Personal Finance shares the secret to staying out of debt.
• Personal Finance Journey has a twelve-question debt health assessment.
• PT Money discusses the new credit card regulations and how they help to educate people of the high cost of debt.
• One Money Design talks about what the Bible says about debt.
• Digerati Life discusses peer-to-peer lending as a way to reduce debt.
• M is for Money says that debts are debts, large or small.
• Personal Finance Analyst has five steps to smart credit card debt relief.
• Eliminate the Muda! shares the book that changed his world.

Enjoy!

• Welcome to a windy and rainy Carnival of Debt Reduction We're in hurricane season, and early last week there were five named Atlantic storms on the map:  Gustav, Hanna, Ike, Josephine, and Karina.  Hanna is flying up the east coast of the United States as I'm putting this Carnival together. Thankfully Hanna wasn't much where I was on Saturday but......
• Carnival of Debt Reduction #54 is up! Blogging Away Debt has posted the 54th Carnival of Debt Reduction.  Tricia has knocked out over $10,000 in debt over the past seven months!  Congratulations!The personal debt reduction stories are always great, regardless of whether the actions taken were successful or not.  As with anything worthwhile, it's rarely a smooth......

• How to use Debt to Improve Your Credit Many of us have the wrong idea when it comes to debt. After years of being told that it is a bad thing and should be avoided, most of us never want to get into the problem of having to deal with debt. Millions more are in over their heads......
• The US Has A Spending Problem, China Has A Savings Problem Famous economist John Meynard Keynes hated savers. Saving your money was not a good idea in his head. A good citizen would spend all their income to stimulate the economy to extreme efficiency. This is a modern, and twisted, interpretation of the good professor's ideas on excessive saving. From......