Carnival of Debt Reduction

Welcome to the 3rd edition of the Carnival of Debt Reduction. For those of you who are new to the carnival (which is just about everybody at this point), it's simply a sampling of some of the best debt reduction articles from top personal finance bloggers over the past week. 

Here we go:

Credit Fraud and Identity Theft

FiveCentNickel is up first this week with a post titled "Credit Fraud and Identity Theft Contact Info". This post provides contact info for the fraud arms of the three major credit bureaus. After all, anyone interested in debt reduction is almost certainly interested in getting illegitimate debts wiped from their records.

Mortgage Debt vs. Investing

Blueprint for Financial Prosperity gives us "To Pay Or Not To Pay (Off) - Your Mortgage". The author notes that it discusses, "the classic question of whether to aggressively pay off your mortgage or to invest." I know what I'd do. Click through on the link to see what he suggests.

My Debt

Done Dirt Cheap submits a piece titled "My Debt". The author says, "I began my personal finance blog (emphasis on personal) about a month ago and in all my obsessing over upcoming wedding expenses, totally forgot to mention the $19k+ that I owe other people. So in the interest of full disclosure, I put it all out there and explained why I've put faster pay-down on the back-burner."  I'm cheering her on -- hoping she gets it paid off soon.

Debt Reduction Suggestions

CFO: Chief Family Officer gives us "5 Ways To Motivate Yourself To Get Out Of Debt". If you have trouble sticking with your debt-reduction plan, here are five ways to keep yourself going. I especially like #5. ;-)

Habitual Debt

Frugal For Life submits "Help for Out of Control Debt". This post details some of the reasons your spending may be out of control. And out of control spending leads to lots of debt, doesn't it?

Who's an Idiot?

ncnblog gives us "I Am An Idiot...YAY!". Really? I wouldn't say so. He's paid off 66% of his debt in less than seven months. Read this post to get an update.

When is Debt Not Worth Paying Off?

MightyBargainHunter offers up "Sometimes it's not worth paying off debt?" He says, "I had thought that paying off debt was always a good thing.  I still think that it's almost always a good thing, but this article had some interesting take-aways." Click through and see what he means.

Tour of Free Money Finance

I don't have an entry per se this week -- I'm just again basking in the glow of all these other great posts. However, if you'd like to know more about Free Money Finance, you can take a mini-tour, check out my "Best" series posts to see what this blog is about, or see the top posts from last week.

Thanks for dropping in to this week's carnival -- I really do appreciate you stopping by! And as a reminder, next week's Carnival of Debt Reduction is at K's Financial Progress. So mark your calendars and be sure to stop by there next Monday. Have a GREAT week!

Comments

[Cathy]

Thanks for hosting a great Carnival! It was a very easy to read.

[mbhunter]

Thanks for hosting the Carnival this week FMF -- much appreciated!

[Nick Racanelli]

Nice carnival, thanks for hosting!

[Karen]

Thank you for hosting this week! I am hosting next Monday - anyone interested in being featured, send your submission to me at kar3881 at yahoo.com. Please send by 5 p.m. this Sunday. Thanks!