The 89th Carnival of Debt Reduction

Welcome to the 89th Carnival of Debt Reduction.

I’m proud to be hosting this week’s Memorial Day edition. Hopefully you’ve all had time this weekend to reflect on what this holiday means. I’ve enjoyed reading all the posts and attempted to present them in the best possible fashion.

While there were no personal debt reduction stories this week, two of the submissions (on how to reduce or avoid debt) included some personal anecdotes:

Personal Debt Stories

MInTheGap presents My War on Debt: Sell the Car Yourself at MInTheGap posted at MInTheGap. A very personal post about the painful car buying/selling process.

erik presents Four Ways To Get Out of Debt Before Christmas by Money Crashers posted at Money Crashers. Beyond the tips, this post also includes some of erik’s personal application. I love using too! I actually sold my last car there.

Other How to Avoid/Reduce Debt Posts

nickel presents New 0% Balance Transfer Credit Card Offers posted at Who doesn’t love a good 0% transfer? nickel has the latest/greatest here.

Tim Ramsey presents 2 Debt Tips for Improving Your Credit Score posted at My Debt Relief Blog. Check out Tim’s take on organization and goal setting.

Nina presents Budgeting: Spending Money with Intention posted at Queercents. Sometimes, like Nina says, it all comes down to being intentional. Check out this interesting post on budgeting.

Surfer Sam presents Credit Card Debt. Get Out of Debt and Take Back Your Power $$$$ posted at Surfer Sam and Friends. Tons of advice on getting out of credit card debt is offered up in this big read.

George Courtney jr presents Debt Consolidation and Your Home Equity posted at The Authentic Bartender Blog. Want to know more about how consolidation can help your debt? Check out George’s post.

FitBuff presents How to Legally Get Your Cable and Phone Bills Paid for Free! posted at’s Total Mind and Body Fitness Blog. An interesting spin on the keep the change method that’s working for FitBuff.

General Information About Debt

Abdulrasool Sumar presents Differentiate Between Good Debt and Bad Debt posted at Debt Consolidation. Is any debt good? Read this post and decide for yourself!

Josh presents Why isn’t Information Consistent With the Credit Bureaus and The FCRA and Your Rights posted at My Credit Scores. Two good posts on general credit information we all should know.

Ben presents Why Babies Never Go Into Debt posted at Money Smart Life. Guaranteed to create a funny mental image.

Silicon Valley Blogger presents The American Nightmare: An Illustration Of The Subprime Lending Mess and Borrowing Bust [A FlowChart] posted at The Digerati Life. Flowcharts are pretty much…awesome!


Steve Faber presents – Bits of Financial and Business Wisdom Throughout the Ages posted at Debt Free.

Thanks to all who posted. Be sure and check out our debt reduction goals while you’re here. Also, submit your blog article to the next Carnival of Debt Reduction using the carnival submission form. Past posts and future hosts can be found on the blog carnival index page.

Last Edited: February 28, 2016 @ 11:55 pm The content of is for general information purposes only and does not constitute professional advice. Visitors to should not act upon the content or information without first seeking appropriate professional advice. In accordance with the latest FTC guidelines, we declare that we have a financial relationship with every company mentioned on this site.
About Philip Taylor

Philip Taylor, aka "PT", is a CPA, financial writer, FinCon CEO, and husband and father of three. He created PT Money back in 2007 to share his thoughts on money and to meet others passionate about managing their finances. All the content on this blog is original, and created or edited by PT. Read more about Philip Taylor, and be sure to connect with him on Twitter, Facebook, or view the Philip Taylor+ Google profile.