Welcome to this week’s Carnival of Debt Reduction!

My favorite submission this week is from PT Money. He shares how to opt out of credit card offers and junk mail in general.

This is an excellent idea, and I highly suggest you follow this advice. Because the more offers and advertisements you receive in the mail, the more likely it is that you’re going to spend money you shouldn’t be spending.

My second favorite submission was from Mighty Bargain Hunter. He suggests kick-starting debt reduction by selling your stuff.

One tip he shares was new to me. He writes: “A nice collection of DVDs can be sold as a lot on eBay for a few hundred dollars (or more).”

I hadn’t thought of selling small items in lots before. This would probably work well for many different kinds of collections. Just something to keep in mind if you need to raise money quickly to pay down debt.

Here are some other good articles worth reading:

• Free Money Finance has a credit card beef with Dave Ramsey.
• Debt Relief Options has a post on, well, debt relief options.
• Christian Personal Finance gives five reasons why you may not be out of debt yet.

That’s it for this week. If you’d like to participate in an upcoming Carnival of Debt Reduction, please submit your post here:

Submit a Post to Carnival of Debt Reduction

Thanks!

This week my debt articles were featured in two different carnivals.

My post about American credit card debt was featured in the Carnival of Personal Finance – Dollar Doodles Edition. (There are pictures of dollar bills with interesting artistic modifications peppered throughout the carnival.)

And my post on how to become debt free was featured in the Carnival of Debt Reduction on Mr. Credit Card.

If you’re looking for more personal finance posts to read, these carnivals with link you up with some quality blogs.

This week I was featured in both the Carnival of Personal Finance and the Carnival of Debt Reduction.

My post about currency news was featured over on Len Penzo’s blog: The Carnival of Personal Finance CCXLIV – The Fiscally Irresponsible TV Characters Edition

And my post about car debts was an Editor’s Pick on the Reduce Debt Faster blog: Great Debt Reduction Articles And Tips: Another Carnival

Make sure to visit these carnivals to check out the other personal finance and debt reduction tips.