Carnival of Debt Reduction #120 – Eleven Resolutions for 2008
By Ryan Healy | December 31, 2007
Since today is New Year’s Eve, I am presenting the New Year’s Edition of the Carnival of Debt Reduction. I’ve written a New Year’s Resolution for each post. Perhaps one of these resolutions will become one of yours in 2008. Enjoy!
1. Pay Off Christmas Debt ASAP
(Editor’s Pick) Matthew Paulson presents How to Get Over a Holiday Debt Hangover posted at American Consumer News. If you’ve financed Christmas, here are some ideas for paying off the debt as quickly as possible.
2. Stop Using Credit Cards
(Editor’s Pick) NCN presents Stop Asking Me If I Want To Apply For Your Silly Credit Card posted at No Credit Needed. This rant, inspired by a Christmas shopping outing, will make you reconsider your use credit cards in 2008. You say you always pay your credit cards off each month? Read this anyway.
3. Don’t Take on Anymore Debt
Madison presents Debt Payoff Strategies Holding You Back posted at My Dollar Plan. There are dozens of ways to optimize your debt reduction strategy. But are these holding you back? Madison shares here perspective.
4. Learn from People with Views Different than Your Own
Lynnae presents Lessons Learned From My Hippie Brother posted at beingfrugal.net. Lynnae’s brother Justin is a long-haired hippie. She says they often don’t agree on things. Nevertheless, Lynnae learned an important lesson from her brother this year.
5. Focus on One Thing at a Time
The Chef presents Focus on your Routine posted at Recipe For Financial Freedom. It’s difficult to focus on debt because it’s painful. Here are some ideas that may help.
6. Figure Out Your Monthly Finance Charge
How much is interest really costing you each month? Amanda presents What is Your Monthly Finance Charge? posted at Me vs. Debt.
7. Spend More Time with Family
MMND presents The Modern Girl’s Guide to $uccess posted at Millionaire Mommy Next Door. Millionaire Mommy Next Door recently made a guest appearance on a TV talk show about women in debt crises. She shares the story here–and gives some advice contrary to the TV hosts.
8. Determine Where Money Should Go for the Best Return
FMF presents How to Handle Six Money Dilemmas, Credit Card Versus 401k posted at Free Money Finance. Use these simple rules for determining when to pay off debt and when to finance your 401(k).
9. Stop Buying Stuff You Can’t Afford
Nicole presents Free Yourself From American Consumerism posted at Makeitbetter’s Weblog. Learn how Nicole paid off $4,000 of debt in seven months on a $30,000 a year salary.
10. Turn a Hobby into Money
Grace presents Reading, Writing and (I Hope) Arithmetic posted at GRACEful Retirement. Do you have a hobby that could make some money? Grace is going to find out in 2008 if she can turn her hobby into money for debt reduction.
11. Stay Accountable
Single Ma presents Debt Payoff Incentive – Year End Review and the Winners posted at Single Ma’s Fabulous Financials. Discover how staying accountable helped Single Ma and four others pay off over $43,000 of debt.
Editor’s Note: Thanks to everybody who participated this week. If you like this Carnival, please consider sharing it with your readers. If you’d like to participate this coming week, you can submit your post about debt reduction here.
Popularity: 100% [?]
If you enjoyed this post, make sure you subscribe to my RSS feed!
Topics: Carnivals, Debt | 15 Comments »
15 Responses to “Carnival of Debt Reduction #120 – Eleven Resolutions for 2008”
« Debt Reduction Carnival Here on Monday | Home | Ignoring Problems »
December 31st, 2007 at 12:15 pm
Thanks Ryan, for picking up my post for the carnival.
December 31st, 2007 at 2:02 pm
[...] Carnival #120 Posted on December 31st, 2007 by mbhunter Debt Reduction Formula has posted the New Year’s Resolutions edition of the Carnival of Debt Reduction. The eleven posts submitted exemplify eleven different resolutions for getting out of debt or [...]
December 31st, 2007 at 2:24 pm
Happy New Year and the Last Carnivals of 2007
Be sure to check out the last carnivals I’ve participated in in 2007:Carnival of Personal Finance at We’re in DebtCarnival of Debt Reduction at Debt Reduction Formula(I like the New Year’s Resolution …
December 31st, 2007 at 2:25 pm
Nice job with the carnival. Love the resolution theme!
Happy New Year, Ryan :)
December 31st, 2007 at 4:32 pm
Love the theme for the carnival! Thanks for including my post!
December 31st, 2007 at 8:15 pm
Hi Ryan! Thanks for adding my post, glad you enjoyed it and I hope your readers do too!
Enjoy the New Year!
I’ll be sure to explore your site when the celebrating is over…
January 1st, 2008 at 10:45 am
[...] Carnival of Debt Reduction – Hosted by Debt Reduction Formula [...]
January 2nd, 2008 at 10:56 am
You are all welcome! Thanks for participating in the Carnival and dropping in to see the posts.
January 5th, 2008 at 5:03 am
[...] The Carnival of Debt Reduction was held at Debt Reduction Formula. I submitted Lessons Learned From My Hippie Brother. [...]
January 7th, 2008 at 8:02 am
[...] Carnival of Debt Reduction [...]
January 9th, 2008 at 8:54 pm
[...] Carnival of Debt Reduction [...]
January 9th, 2008 at 9:19 pm
Thanks for a great list of articles!
January 10th, 2008 at 1:48 pm
You’re welcome, Madison. :-)
January 21st, 2008 at 1:38 pm
[...] 120 [...]
February 2nd, 2008 at 5:38 am
[...] Carnival of Debt Reduction – Eleven resolutions for 2008. [...]