Here are this week’s debt reduction posts!

• Free Money Finance illustrates the folly of paying the minimum on your credit card.

Yep, just the one.  Have a great week!

• Debt Sucks has posted the Carnival Thanks go out to Debt Sucks for hosting this week's Carnival of Debt Reduction! Here are his picks for this week: My Wealth Builder has achieved zero debt -- including the mortgage! Congratulations! Free Money Finance discusses to five ways to use credit cards wisely. The Digerati Life posted some......
• Debt reduction tip: Pros of paying off the lowest balance first Debt reduction takes a lot of discipline.  People usually don't get into lots of consumer debt overnight, and people can't get out of debt overnight either.  Doing so takes regular payments beyond the minimum payments, because making just the minimum payments is a surefire way to make your servitude to......

• Ruin Your Credit Fast, pt1 Granted, there are a wide variety of different ways that you can ruin your credit over time, but do you want to know what the quickest and most dangerous ways are? Here are five ways that you can quickly and effectively destroy your credit. 1 - Break your budget. Sure......
• Mailbag: 5 Steps To Get Out Of Debt I received this email from "Alan," a 24 year old who was just hired after being unemployed for 8 months after graduating college. I am in $15,000 of credit card debt and got a job that pays $60,000/year. I was living with friends without really paying rent and now that I'm moving......