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moneysense.ca, 23/01/06
Carnival of Debt Reduction # 19
The Month at the end of the Money: The Common Room has a trick to improve your spending and saving habits.
Fiscal Fitness at Library: Frugal For Life says that even little papers have some good information that may help you get off on a good start to reducing debt and saving some money.
A 5 Step Strategy for Getting Out of Debt: AllThingsFinancial looks at Loral Langemeier’s (author of The Millionaire Maker) debt reduction formula in A 5 Step Strategy for Getting Out of Debt.
Lowering Credit Card Interest Rates: Personal Finance Advice says that it pays to call your credit card company and ask for a better interest rate. Often, if you ask, you will get a better rate.
Be Wary Of Tricky Credit Card Offers: MyMoneyBlog says that even if you are just trying to get a new credit card to lower your overall interest rates, be careful of the fine print and provides an example of some tricky wording.
Cash Back Credit Cards: No Credit Needed has nothing but disdain for cash back credit cards. He is also offering a brand new personal finance podcast.
Bad debt leads to good credit? Retire at 30 argues that reducing debt is fine, but as he recently learnt, doing everything right sometimes includes taking on some bad debt to build credit history.
Next week, tune in to Consumerism Commentary for more debt reduction ideas.
moneysense.ca, 23/01/06









Super job hosting. Thanks very much!
[...] Be Capitalism hosts this week’s Carnival of Personal Finance! Fat Pitch Financials hosts next week! The Canadian Capitalist hosts this week’s Carnival of Debt Reduction! Fifteen posts this week in the carnival — definitely one of the bigger ones if not the biggest one yet! Great, great reading! Consumerism Commentary hosts next week! January 23rd, 2006 @ 09:22 AM • Filed under Announcements, Personal Finance, Debt Reduction [...]
This Week’s Finance Carnivals
Here are links (to the links) of this week’s carnivals:
Carnival of Personal FinanceCarnival of InvestingCarnival of Debt Reduction
[...] The Canadian Capitalist is hosting the Carnival of Debt Reduction this week. My favourites: “Cash-Back Credit Cards,” “Contractions,” and “A Five Step Stategy for Getting out of Debt.” [...]
Bloggin’ About Money
It must be pay-day in the blogosphere, because three finance-related Carnivals are up today.
First, there’s the Carnival of the Capitalists, which is up at Patent Barista.
Next, we’ve got the Carnival of Personal Finance, which is up at Be Capita ….
Links and Minifeatures 01 23 Monday
Carnivals:
Carnival of Investing Recommended: Interview with B…
[...] 19 [...]
[...] Carnival of Debt Reduction – Canadian Capitalist [...]
Carnavales Del Dinero
Carnival of Debt Reduction – Canadian Capitalist Carnival of Personal Finance – Be Capitalism Carnival of the Capitalists – Patent Baristas Carnival of Investing – Blueprint for Financial Prosperity Festival of Frugality – Canadian Capitalist…
[...] I found out about the Carnival of Debt Reduction #19 while listening to the Debt Podcast (which I highly recommend for those who are in debt or want to stay out of debt). It has a number of interesting links related to debt, and I highly recommend visiting the site. [...]
Thank you for hosting!
Free Money Finance in Eight Carnivals This Week
Free Money Finance is part of eight carnivals this week: The Carnival of Investing includes my post on 4 Rules for Asset Allocation Carnival of the Vanities includes my post on Keys to Growing Net Worth Carnival of Personal Finance
Looks like some great reading. Thanks for putting it together.
Thanks for the high listing for Centrerion!
We just posted up about the Carnivals we’re in, so you should see some new links here, and hopefully some traffic.
Hope it was helpful
Cheers
lecentre
[...] 19 [...]
It’s good idea for the Debt reduction. Debt reduction is part of personal finance no doubt about that. It’s a very important part of personal finance, though important enough to have its own carnival. Successful debt reduction stories and good debt reduction advice needs more exposure, and people need to see that debt is not forever.
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Anderson Smith
Debt Consolidation
Debt free living may seem obvious to some, but to many others, they are hard to live by. Hopefully those who are trying could remain out of debt. Thanks for the info!
[...] to also read the Carnival of Debt Reduction here as [...]
Credit card debt is one of the most critical subjects in today’s economy. People from all walks of life, young or old, can surely relate to this matter. The majority of these companies’ target is our younger generation. Some college students have found themselves up to $12,000 in debt before completing their course in college. On a December night in 1997, a young woman was found dead after she hanged herself in her dorm room. On her bed, she had all of her credit card bills spread out. Apparently, she was about $3,000 in debt and had lost her part-time job, clueless of what to do. She died at the age of 18. The tragic story had brought many people to their senses. It’s sad to say that a good number of people who have credit cards at hand are more likely to spend more than what’s needed. Thus, this gradually adds up to a larger debt than what most people could imagine. Budgeting and smart spending is strongly advised to prevent any type of debt. When your budget has a drawback because of life’s unforeseen calamities, a quick online payday loan is a great alternative to manage your short-term financial needs.
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Wow, that is a really sad story. It’s important to remember that there is always a way to slowly cut your debt.
Debt free living may seem obvious to some, but to many others, they are hard to live by.
Considering soliciting the services of a debt consolidator is a good idea if you have massive debts, and are struggling to stay afloat. The economy is such at this present time that even many middle class families are having a difficult time. Housing is a big issue – homes are not selling, big reductions in the price of a home is seen, and new building construction is down. The evening news has many stories about people unable to pay rent, pay an ever-increasing heating bill, and unable to pay the high price of gasoline to even go out and look for work. We are a nation in deep economic trouble.
I have recently been introducted to a debt reduction program- which sounds to good to be… this will ruiin your credit. if you wait to long before settling the account, they can take legal action against you.
Thanks for the posts, very helpful. I look forward to more information from this website.