My Personal Finance Progress Report

    Sunday, October 09, 2005

    Carnival of Debt Reduction, 4th edition


    Welcome to the 4th edition of the Carnival of Debt Reduction! Below you will find a mix of informative posts from various authors. We have some great submissions this week - thanks to all that participated! Now, let's get started:


    Don't Save, Pay off Debt!

    Jim says, "Don't Save, Pay Off Debt!" is a simple reminder to people who are in debt but still putting (non-emergency fund) savings into an interest bearing account. He provides a simple strategy to figure out which path your money should be taking. Seems like a no-brainer!

    The Two Dumbest Ways to Pay Down Your Credit Card Debt

    Paying down your credit cards? Great - but wait. Are you doing it the right way? See what FMF has to say about it.

    9 Ways To Find Extra Money To Pay Off Your Debts

    Need extra cash? Having trouble making ends meet? Cathy provides nine ways to 'find' money you may not even realize you have.

    Buy Nothing Day

    Dawn challenges you to hold off on immediate gratification and buy nothing for at least a day, and try to set a record for yourself with the number of consecutive days you haven't bought anything.

    The Missed Fortune 101 Debate Continues

    MBH has quite a debate going on over at his blog, regarding acceleration of mortgage payments (Be sure to check out the original post in the submission, where this all stemmed from!) and whether your money would be better invested elsewhere.

    New "Keep The Change" Program

    Jeffrey discusses the new promotion that Bank of America is coming out with to help you kickstart your savings plan. For those that have a hard time setting aside money for savings, this plan may be just what the doctor ordered...but as with anything else, read the fine print!

    Online Financial Calculators Galore

    The title describes it perfectly; Nickel shares a helpful link to every type of financial calculator you could dream of. Enjoy!

    Journey...Greatest Hits

    Nope, this isn't about Steve Perry & Co. NCN reflects back on his amazing journey from April of this year until now - he has eliminated a whopping 70% of his debt during these few months - wow! If ever you needed a motivational story to prod you in the debt reduction direction, this is it. Congratulations NCN!

    Getting Out of Debt Takes Patience

    Why is it that we always have to make mistakes before we learn? Hmmm. Ostrauder discusses how much more satisfying it is to purchase items in cash...and how he wishes he'd had the patience to do so all along.

    Mr. Wendal

    I liked this post so much that I asked Lauren, a.k.a. lpkitten, if I could share it here on the Carnival. While listening to an older, but favorite song, she identifies with the lyrics and what the whole meaning of simplicity means to her. A very insightful post, indeed.

    Hosed Out at the Gas Pump by your Debit Card?

    If you're not familiar with my blog, take a look around. I detail my personal goals and obstacles, and share information I think may be informative. This is one such article from MSN.com.


    Thanks for stopping by, I hope you enjoyed your visit! Be sure to visit Frugal Underground for next week's edition. Interested in hosting/submitting a post? Check out the schedule and guidelines here.

    Have a great week!

    posted by Karen @ 10:13 PM

    7 Comments:

    At 10:44 PM, Anonymous ~dawn said...

    Excellantly done! Thanks

     
    At 2:20 AM, Anonymous pfadvice said...

    Thanks for the nice job putting it together. Lots of reading for me tonight!

     
    At 11:40 AM, Blogger kmac said...

    This looks great, Karen! I love all the sites together like this - sure gives great reading. ;)

    Thanks for the info on the notes - I was wondering how to stop that. It's really annoying! lol

    Have a great week -

     
    At 10:03 PM, Anonymous pfadvice said...

    Made a switch to new blogging software today, to the link for my submission is not longer working to the article itself: you can find the direct link here:

    Bank of America's New Keep The Change Program

     
    At 1:13 AM, Anonymous mbhunter said...

    Great carnival!!!

     
    At 11:04 AM, Blogger James Baker said...

    Hi Friend! I liked your blog!Very interesting blog!
    If you have a moment, please visit my site:
    cheap loans
    Best success to you! :-)

     
    At 5:53 PM, Anonymous Online Degree said...

    Money is always a major deciding factor in almost every decision. Most of us do not have unlimited resources and most peoples' budgets are stretched thin enough as it is. There are many online degree programs that are significantly less expensive than standard schools. Prospective students should shop around for the best deal in online colleges just as they would shop around for the best deals on a car or any other investment.

     

    Post a Comment

    << Home

    A blog designed to track the progress I make in paying off debts and saving for my future, as well as a few goodies I find along the way.

      "Spending money is a control thing, like dieting. You can either decide you want everything, eat it all and end up fat. (Sometimes eating, like spending money, is a way of telling the world I will have everything I want!) Or you can realize that you can’t realistically have everything and decide to enjoy the things you love the most—only less often and in smaller amounts. Money and food are control issues and everyone handles them differently despite the consequences. It's that simple." ~Making Bread Magazine

        Enter your email address below to subscribe to Karen's Personal Finance Progress Report!


        powered by Bloglet

              Google

                  2006 Goals

                    * Put at least $350 in savings each month. * Eliminate the car loan for the Grand Am (starting: $5300) * Reduce the Mustang loan by at least 8k.(Starting $19k) * Seriously look into refinancing both vehicles. My credit has gotten better and I am definitely due a better rate than I currently have (about 12% on both). * Right now I am contributing 10% to my 401k. I am going to leave that alone until I pay off the Grand Am, and then re-evaluate, maybe bump up just a bit more. Maybe open a Roth IRA as well. *Increase my net worth by as much as possible.

                    Earn Money

                    • FreePaidSurveys.net
                    • Bank in the Bucks!
                    • Inbox Dollars
                    • Email Pays U
                    • Gain Mail
                    • Nickels By Email
                    • MissingMoney.com: Free Search to see if you are owed $$$
                    • OldCellPhone.com: Get Cash for your old phones
                    • Open an ING Direct Savings Account & get a $25 bonus! Email me for an invite.
                    • Previous Posts

                      • I know it's early, but...
                      • what a nightmare
                      • chaos as usual
                      • ING doesn't need you. they don't need anyone...
                      • Carnival of Debt Reduction is up at FMF
                      • frugal burnout?
                      • article: hosed out at the gas pump - by your debit...
                      • October Goals
                      • just exhausted lately
                      • living in freebie heaven

                      Powered by Blogger

                      Free Hit Counter
                      Lancome Perfume Coupon

                      Personal 
Blog Top Sites