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Carnival of Debt Reduction #7

Posted By Jim On 10/31/2005 @ 8:00 am In Debt,Personal Finance | 6 Comments

Welcome to the lucky Seventh Carnival of Debt Reduction [3]! I invite you to visit each of these bloggers, read the post highlighted by the Carnival and also read the other posts their site. They’ve put in a lot of hard work to provide all this great free information!

  • “Reduce, Reduce, Reduce!” [4] exclaims Jane Dough (cute!), author of Boston Gal’s Open Wallet. Read about the steps she is taking to reduce her fixed monthly expenses. Hopefully this is something we can all remember to do.
  • Beware Credit Score Quick Fixes [5] is Carnival veteran FMF’s contribution this week. Credit scores are a key part of debt and financial management — and don’t believe those “too-good-to-be-true” pitches from companies promising they can repair your credit in no time at all.
  • No Credit Needed is sick to his stomach [6] and he offers a post about paying attention to the details when getting out of debt and getting your financial house in order.
  • The Valleys and Mountains [7] of debt reduction is the topic of Dawn’s contribution this week. She reminds us that with anything in life there are setbacks just as often as there are breakthroughs and for you to not lose heart.
  • Don’t want debt? Don’t create any. Jane of Boston Gal’s Open Wallet writes about how she fired up her oven and saved herself some money by cooking [8].
  • Get Inspired! [9] by these stories of success from CFO: Chief Family Officer. Motivation is critical when you’re working towards a difficult goal and Cathy does a great job of linking to a few inspirational stories.
  • One way to reduce debt is learning how to spend your money wisely, Noah of OkDork has three suggestions on how to save some bucks at the movies [10].
  • Revisit the 60% Solution Budget [11] with Caitlin of Clutter2Cash, the key to paying yourself first is a simple two line budget.
  • Pulling up the rear is MightyBargainHunter’s discussion of whether to Pay off the Mortgage or Invest [12]. It’s a commentary on a Scott Burns’ article from MSN Money.

Thank you everyone for your contributions!

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[2] Email: mailto:?subject=http://www.bargaineering.com/articles/carnival-of-debt-reduction-7.html

[3] Carnival of Debt Reduction: http://mightybargainhunter.com/2005/09/07/carnival-of-debt-reduction-guidelines-and-schedule/

[4] “Reduce, Reduce, Reduce!”: http://bostongalsopenwallet.blogspot.com/2005/10/reduce-reduce-reduce.html

[5] Beware Credit Score Quick Fixes: http://www.freemoneyfinance.com/2005/08/beware_credit_s.html

[6] sick to his stomach: http://www.ncnblog.com/2005/10/27/sick-to-my-stomach/

[7] The Valleys and Mountains: http://frugalforlife.com/the-valleys-and-mountains/

[8] saved herself some money by cooking: http://bostongalsopenwallet.blogspot.com/2005/10/cost-of-eating-in.html

[9] Get Inspired!: http://chieffamilyofficer.blogspot.com/2005/10/get-inspired-to-reduce-your-debt.html

[10] three suggestions on how to save some bucks at the movies: http://okdork.com/index.php/2005/10/29/jewgality-iv-movie-savings/

[11] Revisit the 60% Solution Budget: http://clutter2cash.blogspot.com/2005/10/60-solution-budget-revisited.html

[12] Pay off the Mortgage or Invest: http://mightybargainhunter.com/2005/10/30/pay-down-the-mortgage-or-invest/

Thank you for reading!