The 78th Carnival of Debt Reduction

    This Carnival has a lot to do with setting priorities while paying down debt.
    What’s important to you?
    What can you live without?
    How far are you willing to go to pay down the debt… is it worth that sacrifice?

    These bloggers write about Priorities:

    Tricia at Blogging Away Debt isn’t getting fanatical about debt repayment. She’s more interested in enjoying life and building health money habits.

    Free Money Finance comments on an L.A. Times article about a young student who is fanatical about paying off his debt. This guy is living in his truck to save money.

    Mr. Credit Card writes about the possibility of selling your stuff to repay debt faster. It’s a question of needs vs. desires.

    Sharon, The Frugal Dutchess, explains that your priorities should dictate how you spend your cash.

    Single Ma has the means to pay off her car… but it’s not at the top of her priority list. She tells us why – and points out that focus on priorities is ultimately the key to getting out of debt.

    Stephanie at Stop the Ride is trying to figure out what’s important when the budget is bare bones and there still isn’t much available for debt repayment.

    Once you set your priorities, you need a plan or you’ll never reach you goals.

    These bloggers have tips for creating your Plan for Debt Freedom:

    The Simple Guru is out of debt, but still needs to think carefully about where the money should go.

    The Family CEO switched to debit from credit to avoid overspending.

     NCN shares the lessons he learned paying off debt and how to create your own debt repayment roadmap.

    Paula at Queercents suggests paying attention to your emotions to prevent bad money moves.

    The Tight Fisted Miser has a warning about borrowing money at lower rates to pay off debt at higher rates.

    Anja Merret warns about installment plans, which may look like a smart way to pay off debt.

    Steve at Debt Free suggests setting up automatic payments for credit cards to avoid missing a payment and facing sky-high interest rates as punishment.

    Ben at the Money Smart Life has encouraging stories of folks who got out of payday loans.

    Matthew at Getting to Graduation breaks down typical college expenses and how you might be able to come up with the cash.

    Thanks for participating! Thanks for reading!

    DH

(Submit your blog article to the next edition of carnival of debt reduction using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.)

Comments

[NCN]

Hey DH,
Thanks for hosting...
It looks awesome... Although green blogs, rock, red blogs certainly roll!!!

NCN

[frugal duchess]

Thanks for hosting the carnival. What an excellent job!

[Ben]

I second NCN, I dig your theme. Thanks for being a gracious host!

[Stephanie]

well done!

[Carmen]

Dear DH,

I am contacting you regarding a blog survey I am conducting. I am a PhD candidate in Mass Communication at Penn State, and my dissertation project consists of a survey that addresses bloggers’ perceived motivations for and effects of their blogging.

I am sending the survey to a number of bloggers, and I would like to invite you to participate in it as well. Participation should take no more than 10-15 minutes of your time and would appreciate it tremendously if you could follow the link below to fill out the survey:

http://www.personal.psu.edu/cds205/blogs/signin.htm

If you have any questions or comments, please don’t hesitate to contact me!

Thank you in advance,

Carmen

[mbhunter]

Thanks very much for hosting DH!

[Single Ma]

Great roundup! Thanks for hosting! I'll link it up this week.

[Leigh Ann]

Email me. I have a special opportunity for you.

[Dimples]

Hey there.

I got directed to your site by a post form Single Ma. I am so happy to see so many young folks on the road to getting their finances together. Feel free to check out my blog anytime: http://dimples44r.blogspot.com/

God Bless!