Debt Reduction Carnival

This week I get to host the Carnival of Debt Reduction, so these are some of the articles from around the personal finance blogosphere focusing on helping you reduce your debt or save money some way… Enjoy!!

The articles!

• Free Money Finance submitted a post called Three and a Half Worthwhile Reasons to Go into Debt and says, “Are there are times when borrowing is a good idea?”
• Damon Day submitted a post called 5 ways Debt Settlement companies rip you off and says, “Debt Settlement companies are certainly not just the sunshine and lollipops that their advertisements typically claim that they are. I have put together a list of the top five ways that many of these programs can damage a consumer if they are not careful.”
• Budgets Are Sexy submitted a post called Wants vs. Needs: What’s the difference? and says, ” Sometimes the hardest decisions can be made by getting back to the basics. We visit the ol’ Wants vs. Needs concept in a (hopefully) fun way ”
• Free From Broke submitted a post called Debt Traps College Students Fall Into and says, “College students enter college experiencing adult life and freedom. That’s great but sometimes they also fall into debt traps that can haunt them for years after they graduate!”
• Financial Highway submitted a post called Basics of Credit Score and Credit Report and How often to Check
• Bargaineering submitted a post called Tax Filing Deadline
• Money Under 30 submitted a post called Living Credit Card-to-Credit Card: Escape from Revolving Debt Hell and says, ” A lot of people in debt live paycheck-to-paycheck. Some, however, are in even more dire straits and live credit card-to-credit card. How do you know if you’re in this precarious situation? And what can you do to get out?”
• Get Rich Slowly submitted a post called Slash Your Grocery Bill With Store Brand Products and says, “Compiled data from several stores to see just how much money can be saved with store-brand products. The results may surprise you!”
• Studenomics submitted a post called How To Save Money On Your College Tuition
• PT Money submitted a post called Considering a No Penalty CD from Ally
• The Digerati Life submitted a post called Debt Settlement Companies: Friend or Foe?
• The Smarter Wallet submitted a post called Recreational Activities That Won’t Stretch Your Budget and says, “Cheap recreational activities you can do to save money (thereby reducing debt).”
• Banker submitted a post called Money Savings: Short Term vs Long Term Savings and says, “Reflecting upon my savings and how I save. Some tips for reducing debt.”
• Tom submitted a post called Keep Line Of Credit Or Switch To Fixed Rate Mortgage? and says, “Which is safer today, hanging onto a line of credit at prime or locking into a great five year fixed rate?”