Debt Consolidation Lowdown

Greetings! Welcome to the third edition of the Carnival of Debt Management. Out of the 30-odd submissions received this week, we have selected 25 posts that have helpful and useful information for our readers. Without further ado, here are the posts in the order they were received.

Jimmy Atkinson presents How to: Make Money with Balance Transfer Arbitrage posted at Ask the Advisor. For the focused mind, opportunities for making money present themselves everywhere. One technique, arbitrage, is used in a number of areas including betting, the stock market, online advertising, and now transferring balances between credit cards.

Martin presents Which Debt to Pay Off First posted at Money Blog Site. Martin just doesn’t see why you would think paying off the lowest debt first would be the right move. Maybe when you get down to a few hundred dollars, but why not spend that money on the high interest loan so you pay less in interest the next time around.

Simple Guru presents Debt Free in Three Steps posted at Simple Guru. In debt? Good. That means you’re in the right place. This article will show you an effective way to pay off all your debts, and its tailored to your financial personality. Simple Guru has put this all into three simple steps to help you eliminate your debt without the stress.

FMF presents Don’t Loan Money to Friends and Family Members posted at Free Money Finance. Don’t put your family into debt.

Silicon Valley Blogger presents Walking In A Winter Wonderland For $1,300 posted at The Digerati Life. Save money to avoid debt!

Matthew Paulson presents Your Student Loans are NOT a free Life Insurance Policy. posted at Getting Green. Don’t fall for the myth that you should not pay on your student loan so that you can get some sort of interest rate on your money!

Bryan C. Fleming presents How to Open Your Online Savings Account posted at Bryan C. Fleming. Get your savings account set up today. Then you can start playing along with others and watch your savings grow.

Dan Melson presents Pre-Payment Penalties and Second Trust Deeds posted at Searchlight Crusade. You are going to need to refinance your first in November 2009 if not sooner. When that happens, there are going to be issues with subordination which are likely to cause you to want to pay your new second off, especially as the lender you mention has a policy of no subordinations.

Praveen presents Loan Consolidation - Nature’s greatest gift !!! posted at Unix Simplicity. Get tips on consolidating your loan.

John Barker presents John Barker’s Mortgage Blog: Is my mortgage company selling my name to mailing lists? posted at John Barker’s Mortgage Blog. Too many consumers are often unaware of trigger lists - but they need to know how they are used and that their banks and mortgage companies are not the culprits. They also need to know how to protect themselves and their personal information.

Amy Allen Clark presents Personal Finance Corner: Creating & Meeting Financial Goals posted at MomAdvice. Have you set financial goals for yourself? Do you find them achievable?

Kirby presents How to stop nickel and diming yourself into the poorhouse! posted at Kirby on Finance. This article looks at how we nickel and dime ourselves into the poorhouse, and offers suggestions on how to fix the problem.

The Prince of Thrift presents Becoming & Staying Debt Free: Bank of America posted at Becoming & Staying Debt Free. Bank of America will match 100% of your “keep the change” savings for the first three (3) months. After that, they’ll continue continue to match 5% a year, every year. The downside though, is that none of this matching will be placed into your account until the end of the year.

Priscilla Ortiz presents Priscilla Ortiz - Journal to Prosperity, Path to Freedom Inc.: How far will my salary go in another city? posted at Priscilla Ortiz - Journal to Prosperity, Path to Freedom Inc.. If you ever wondered how far your salary will carry you in another state, then here’s how you can figure it out.

Andrea Dickson presents I Don’t Love Capital One - How to Get a Lower APR, or Possibly Not posted at Wise Bread - Living large on a small budget. Andrea tried to lower her APR, and failed.

Erek Ostrowski presents Getting Out Of Debt (Part 2) posted at Verve Coaching. Where income is concerned, the point is to create a plan to develop your income and advance your financial position.

David E. presents Get Out of Debt Now! posted at Worldwide Success. This article explores ways to deal with debt and offer suggestions on how to eliminate or at least reduce your debt load.

Murad Ali presents The Importance of Retirement Investment posted at The New Business World. Nearly 4 out of 10 workers have over 100K in their retirement and that means that even a higher proportion, such as 6 out of 10, will need to keep working.

Wenchypoo presents War on the War on the Middle Class posted at Wisdom From Wenchypoo’s Mental Wastebasket. According to a survey, future middle-class living standards will only be achieved if one were to increase their income to $100k or more, increase their level of education to master’s level or higher, or by political arm-bending to the left for more federal subsidization.

Silicon Valley Blogger presents Stop Overspending Now! 14 Ways To Conquer Binge Buying posted at The Digerati Life. This is a post about conquering overspending habits.

Rebecca Newburn presents Asking Why? Can Change Your Life and Transform Your Class posted at Information Age Education. Help people in debt take a different spin on their lives by teaching them about “afforemations.” Most of them ask “Why can’t I get out of debt?” when a better question is “Why does money come to me so easily?”

Steve Faber presents Can You Be Your Own Private Bank?? posted at Getting Debt Free. There is a little known financial strategy out there that will enable you to self finance major purchases and grow a solid financial asset base that you can borrow from yourself.

Nina presents Tax Refunds and Other Lump Sums Part II posted at Queercents. What you should do with your tax refund and other windfalls…

Andy Boyd presents Nations In Debt: It’s Bad and Getting Worse posted at Credit Cave. Sometimes when we think about debt we think directly of some small country in Africa with public debt over 100% GDP, but we shouldn’t be so hasty to look elsewhere. Debt is a problem that rings true very, very close to home.

Lua presents Save Money ? Blog Archive ? Snowballing debt posted at Save Money. The snowball calculator tells you when you will be finished paying off each debt if you continue to pay all of them in the manner you have been paying all along.

That concludes the third edition of the Carnival of Debt Management. You will definitely agree that it is important for all carnival participants to do their part to support the carnival and help it grow by promoting it on their personal site. We will appreciate any such gesture on your part. Thanks!

This entry was posted on Monday, February 19th, 2007 at 7:00 pm and is filed under Carnival, Debt Management. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.