Welcome to the Carnival of Debt Reduction.  Below, you will find links to articles about debt, debt reduction, credit, credit management, and frugal living.  I want to thank those who submitted articles.

Clever Dude has made a change in his debt reduction strategy.  It’s always good to take a look at alternatives to your original plan.

Fiscal Liberty reminds us to ask ourselves how much we are really spending.  Having an accurate budget will help ensure that you know exactly how much money you have available for debt reduction.

Engineer A Debt Free Life is reducing debt by brown-bagging it.  It’s amazing how little amounts quickly add up.

Fix My Personal Finance has suggestions for dealing with credit card debt.

Free Money Finance has an interesting article about young people and the financial struggles they face.

The Happy Rock has an interesting take on Rich Dad, Poor Dad.

Cash Money Life compares carbs and credit.  Remember when a baked potato was health food?  The good old days…

Credit Addict has some ideas for how to find a zero percent credit card offer.  Surfing your balance can really help to reduce interest, but be careful.

Hello Money finds an online calculator and changes a debt reduction plan.

Ken Nubo has a tongue-in-cheek top 10 ways to reduce debt.

Art of the Coupon reminds us of the power and necessity of the good old Emergency Fund.

Five Cent Nickel has a list of credit cards that will give you zero percent and not charge a balance transfer fee.

Everything Finance writes about your debt free future.

Frugal Dad suggests that it’s a bad idea to pay credit card payments if you can’t pay your mortgage payment.

Tough Money Love jumps into the middle of the good debt / bad debt debate.  I like my rule - No debt!

The Digerati Life (still the coolest blog name around) has some tips for living a debt reducing, frugal life.

Personal Hack has a philosophical post about debt reduction, weight loss, and happiness.

Harvesting Dollars has a very interesting post about which debts to pay off first.  I really, really like this article.

Again, I want to thank those of you who submitted articles.  If your article was not included, one of two things happened.  Either, it was so off-topic that I couldn’t find a way to work it into a carnival about debt reduction, or, I didn’t receive it because Blog Carnival’s site was down.  If you have questions about why your submission wasn’t included, feel free to hit my contact button at the top of the page and shoot me an email.

For those of you who are new to my site, welcome, and I hope you’ll take a minute to view this handy debt reduction guide, complete with a free e-book.

• 9 Comments

No Credit Needed will host the next Carnival of Debt Reduction.  If you have a blog and you have write about debt reduction, click here to submit an article for inclussion in Monday’s carnival.  Articles should be submitted before 6 PM Eastern, Sunday.

• 2 Comments

I’m not a big fan of carnivals.  I just get kinda weirded out by all of the noises and the smells and high prices.  I can’t remember ever coming home from a carnival and thinking, “Man, I had a great time!”.  No, usually I’m thinking, “How did I get talked into going there in the first place?”.

But, there is a type of carnival that I really dig - a blog carnival.  And, this week, I submitted articles to two of my favorite blog carnivals - the Carnival of Debt Reduction and the Carnival of Personal Finance.  I’m pleased to report, both articles were named editor’s choice by their respective carnival hosts.  Rock on!

Click on over to Mighty Bargain Hunter to view this week’s Carnival of Debt Reduction, featuring several articles about debt reduction, including mine, Five Free And Inexpensive Ways To Reduce Your Debt.

Then, head over to Squakfox to view this week’s Carnival of Personal Finance, where you’ll find links to dozens of personal finance articles, including mine, Yet Another Motivation For Keeping My Financial House In Order.  I also really liked this article from My Two Dollars - Following The Rule Of 10%.

By the way, if you are new to blogging, you might be unfamiliar with the term blog carnival.  Basically, here’s how a blog carnival works -

1. Bloggers submit articles about a specific topic.

2. A host blog compiles those articles and presents them in list-form, linking back to the original articles.

3. The host blog changes from week to week, thus the use of the term carnival.

• 0 Comments

Welcome to the 129th edition of the Carnival of Debt Reduction.

Personal Stories About Debt And Debt Reduction -

DebtFree Revolution is debt free!  Read this post and celebrate this awesome accomplishment.

College of Cash has created a plan to attack debt.

BeingFrugal has an interesting post about ‘waking up’ and a financial epiphany.

Antishay presents the first in a three-part series about getting into and out of debt.

ThriftyFloridaMama suggests that giving kids an allowance can help with debt reduction.

SmartEasyMoney has begun to implement the ever-popular snowflaking technique.

Me Vs. Debt has a debt snowball dilemma.

Thoughts About Credit Issues -

Bible Money Matters has 7 tips for improving a FICO score.

Free Money Finance writes about mortgages and refinancing.

Squawk Fox has some thoughts about ‘good debt’.

PTMoney has some some thoughts about the role of credit.

Funny About Money has some thoughts about the current mortgage crisis.

Not The Jet Set has some thoughts about delaying a purchase.

Paid Twice reviews the idea of a debt snowball.

Ideas For Improving Finances -

The Happy Rock reminds us to go big or go home.

American Consumer suggests some ideas for living on one income.

Butler Project has suggestions for resisting the urge to spend money.

Small Cents reminds us that the little things can really add up.

Debt Prison has some ideas for saving money.

No Debt Plan writes about using a budget.

Destroy Debt reminds us the power of using a budget.

• 12 Comments

No Credit Needed will host Monday’s Carnival of Debt Reduction -

If you have written an article about debt reduction, please submit it via Blog Carnival.

Savings Chart Update - 

I have created a non-retirement savings goal and I am tracking my progress over at the No Credit Needed Network.  Click here to view my updated progress - NCNSavings2008.  I have managed to save 37.5% of my goal.

I should have a new episode of the No Credit Needed Podcast in the next few days.  I have been very, very busy at work - and I haven’t had the time it takes to record and release a new episode.  But, I hope to be able to sit down tomorrow or Monday and record.  In the meantime, checkout the site and listen to a few of the archived episodes.

• 1 Comment