Carnival of Debt Reduction: Financial Crisis Edition

Welcome to the 158th Edition of the Carnival of Debt Reduction. I’m your host, No Debt Plan. My blog is about getting rid of debt, then building up wealth. You can read some of my most popular posts or just head straight to the Carnival below.

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It’s been a crazy week in terms of the financial markets. Everything seems unstable. This Carnival should help you reduce your debt load and provide added stability to your life.

Now how about some great articles?

Editor’s Picks:

• How Can they Possibly Afford That? Or Is Money in the Eye of the Beholder? posted at The Personal Financier, saying, “Do we all see the same color of blue?”
  • An excellent post on the perception of wealth around us.
• If You’re Not Using It, Get Rid of It: Ten Ways to Declutter and Put Cash in Your Pocket posted at The Simple Dollar, saying, “Turn your excess stuff into extra debt repayments.”
  • Trent really hits home with me with this one. I recently wrote about storing old magazines. I’m sure that’s only the beginning of my pile of ‘stuff’. Why not sell it and pay down debt with it?

Other Great Posts About Reducing Debt:

To Pay Off Debt… Or Not posted at Debt Reduction Formula. My vote is you pay it off, DRF.

Sneaky Shopping Triggers posted at My Daily Dollars.

Using the tax refund towards debt payment posted at the Financial Wellness Project.

I’ll even throw an article into the mix… I submitted this last week, but was past the deadline. My Spendthrift Wants to Come Out and Play. One of the best ways to reduce debt is to avoid it in the first place. But sometimes, that isn’t so easy…

Tip # 318: Keep all your receipts for at least 3 months. posted at Budgets are Sexy., saying, “One of the easiest, and quickest ways to not get gypped down the road – save your receipts!” Again, love the blog name here. The only problem with keeping physical receipts, even in a secure location, is they fade over time. Why not scan them and keep them digitally?

10 Ways to Pay Your Debt Off Faster posted at Cash Money Life, saying, “tips for getting out of debt more quickly! :-)”

Survey: 3 in 10 U.S. workers have more credit card debt than retirement savings posted at blogs.creditcards.com. Wow. That is a stunning pie chart. Makes me sad.

The Psychology of Getting Out of Debt posted at artofthecoupon.com.

Thinking Big While Starting Small posted at I’ve Paid For This Twice Already…

8 Summer Fun Activities That Won’t Break The Bank posted at The Smarter Wallet, saying, “Reduce debt by seeking enjoyment and fun the frugal way.”

Free Debt/Credit Documentary – In Debt We Trust posted at The Happy Rock. I’ve heard about this video in the past. Haven’t had time to watch it either.

Girl Selling Her Virginity To Pay For College posted at Broke Grad Student. I was tempted to not post this due to its unsavory nature… but it is definitely a unique way to get out of debt (and into the adult entertainment industry…)

Ten Money-Saving Reasons to Get Out of Bed Early posted at Saving Advice, saying, “I save money and can be more productive merely by getting up before everyone else I know. You can feel better, save money and enjoy greater productivity, too, if you get up earlier.” Ooo… that’s a tough one for me. I get more done at night than in the morning. My ideal schedule for sleep is 11pm-7am. Unfortunately the real world won’t let me live like that just yet.

Do You Know Who Is Looking At Your Credit Score? posted at Ask Mr Credit Card.

Cheap Ways To Learn And Feed Your Brain posted at The Digerati Life.

That concludes this edition. Submit your blog article to the next edition of the Carnival of Debt Reduction using the carnival submission form. Past posts and future hosts can be found on the blog carnival index page.

Tagged as: Carnival of Debt Reduction