207th Carnival of Debt Reduction

Welcome to this week’s Carnival of Debt Reduction! For those not aware, a blog carnival is a gathering of top notch articles under one topic. The goal is to bring readers relevant and timely content so they don’t have to go searching through the web to find it. The Carnival of Debt Reduction is a weekly carnival with a rotating host – hopefully exposing readers to exciting new blogs. This is the 207th week this carnival has been published… an amazing feat!

Carnival of debt Reduction

Editor’s Choices: These are the articles I give top billing to for their usefulness in helping you get out of debt:

• FMF from Free Money Finance asks us an all important question: Life or Debt? In his article, he shares 41 financial calculators for major life decisions. Several of these calculators can help you manage your debt.
• Ask Mr. Credit Card interviewed Matt Jabs on Blog Talk Radio about his experiences with debt.

Debt reduction tips:

• Slow and steady wins the race, or so says Dawn from Frugal for Life. She submitted a post called Digging Out of Debt With a Spoon. Ever see ShawShank Redemption? It’s that kind of dedication that will get your out of debt.
• Need a little help with your interest rates? Then Jim from Bargaineering has some tips on how to compare 0% balance transfer offers. You can check out the best 0% balance transfer credit cards if you are looking for a top notch balance transfer credit card.
• The Canadian Finance Blog tells us we can speed up our debt reduction process by avoiding finance fees and other charges.
• M is for Money asks if you can keep your credit cards while working toward reducing your debt. Some people may be able to, while others should get rid of their cards.
• Buck$ome shares his progress with using the cash-only “Envelope System” in an article called Success with Envelopes.
• Amanda from Frugal Confessions goes on spending lockdown to reduce debt. It’s times like this that it helps to have something in the reserves!

All about your credit score:

• Understanding your credit score can be an intimidating topic when your first start out, which is why this article is so helpful. Check out basics of credit score and credit report and how often to check by Ray from Financial Highway.
• Prime Time Money tells us how to get your Free Credit Report from AnnualCreditReport.com.

Thanks to the bloggers for sharing their articles, and thanks for reading!

Please visit the Carnival of Debt Reduction website for more information about this carnival. If you would like to submit an article for a future edition, please read the Submission rules carefully before submitting an article. If you are a blogger who submitted an article that was not included in this edition, it is probably because it did not meet the submission requirements.