Carnival of Debt Reduction

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!

A big thank-you to Lean Life Coach over at Eliminate the Muda! for hosting this week’s Carnival.  He’s a bit excited about how Americans have been decreasing their revolving debt as a whole, and I agree that this is a great thing.

Enjoy the Carnival!

Here are this week’s submitted on-topic posts:

• Reduce Debt Faster gives options for consolidating unsecured credit card debt.
• Canadian Finance Blog discusses consolidating debts after marriage.
• Studenomics debates whether student credit cards are a good or bad idea.
• The Digerati Life offers solutions to break the debt cycle.
• Bible Money Matters has a guest post on six things to consider before making a purchase. (Considering debt load is in there.)
• Think Your Way To Wealth recommends using planning to reduce and eliminate your debt.
• Money Relationship has a guest post from Sweating the Big Stuff’s Daniel Packer on why he doesn’t stress about his $23,000 of debt.
• Eliminate The Muda explains the PDCA process and how it can be applied to (among other things) debt reduction.

Have a great week!

Here are the recent, on-topic posts submitted for this week’s carnival.  Enjoy!

• Engineer a Debt-Free Life kicked off a six-part series on how to get out of debt.
• Get Rich Slowly highlights debt reduction in #6 of his ten steps to financial success in 2010.
• Man Vs. Debt is ready to tackle 2010 and reduce his debt by following through with his ambitious goals.
• Digerati Life recommends using a debt consolidation calculator to reduce debt faster.
• Eliminate the Muda calls the battle of debt reduction a fun battle.
• The Amateur Financier gets S.M.A.R.T. about paying down debt.
• PT Money discusses whether companies should teach their employees about personal finance, including debt reduction.
• Studenomics talks about paying off debt, hardcore style.

Have a great week!

Here is this week’s on-topic submission:

• Christian Personal Finance discusses the bondage of debt.

I think that’s a new record.  Happy New Year!

(If you blog about your debt reduction journey, this carnival is meant for you!  I want to feature your stories.)