Carnival of Debt Reduction – “Four Pillars” Edition

Welcome to the “Four Pillars” edition of the Carnival of Debt Reduction – lots of good debt reduction articles along with a few other financial posts.

The Four Pillars of Mike’s kitchen floor (aka the “editor’s picks”)

• Jeff Rose presents Should I Do a Debt Consolidation Loan? posted at Jeff Rose.
• The Canadian Finance Blog submitted a post called Fixed or Variable Rate Mortgage?.
• Raj Patel presents Foreclosure problems arrive at the superprime demographic posted at DebtGoal.
• FMF presents How NOT to Improve Your Credit posted at Free Money Finance.
• Debt kid presents Could You Live Without Debt? posted at DebtKid.com.
• Leave Debt Behind presents How You Can Negotiate Lower Interest Rates on Your Credit Card posted at LeaveDebtBehind.com.

The Three Pillars of outer space

These posts were out of this world:

• Your Money Relationship submitted a post called Volunteer to Help Pay Student Loans.
• Patrick @ Cash Money Life hasFREE Online Money Management Tools to help you manage your debt payments.
• Investing School presents The Rule of 72 posted at Investing School.
• Wealth Pilgrim submitted a post called How and Why You Should “FIRE” Your Friends.
• Christian Debt Help submitted a post called How to pay off a car.
• FFB presents Use The First Time Home Buyer Tax Credit Now! posted at Free From Broke.
• Studenomist presents How Much
• Money Will You Save? posted at Studenomics.
• Kathryn presents Major Banks? Debt Relief Hotlines Revealed! posted at Out of Debt – Christian Finances and Debt Help.

The Two Pillars of ancient times

They don’t make pillars like they used to:

• Patrick @ Money Saving Deals presents Kids Bowl Free All Summer. This will help your finances a lot!
• Billeater presents Debt Reduction Strategies posted at Billeater.com.
• The Smarter Wallet submitted a post called Tips For Saving Money: The Frugal Mindset.
• Bank Savings Review presents Ally Bank CD Rates (Updated June, 2009) posted at Bank Savings Review. A great place for your emergency fund.
• Debt Freedom Fighter presents How to Create a Money Management Plan posted at Discover Debt Freedom.
• Apply4-credit presents What You Purchase Can Change Your Credit Score posted at Apply4-Credit.com.
• The Happy Rock presents Cell Phones Contracts Are Debt, You Just Don’t Realize It posted at The Happy Rock.
• Personal Finance Analyst submitted a post called How to Reduce Your Debt Significantly Without Tightening Your Belt.
• Almost Frugal submitted a post called The Envelope System.
• Miss Thrifty submitted a post called Mortgage Misadventures.

Zero Balance Pillar of Salt

Zero percent balance transfer credit cards can be a very useful tool for reducing debt. If you can save on high interest credit card charges then you can pay the principal down a lot more. And if you are lucky – you won’t turn into a pillar of salt!

• Patrick @ Cash Money Life shows how you can reduce your debt with the Best Zero Percent Balance Transfer Credit Cards posted at Cash Money Life.
• MoneyNing presents Multiple Ways to Skin Zero Balance Transfer Credit Cards posted at Personal Finance Blog by Money Ning.
• The Digerati Life submitted a post called Balance Transfer Credit Card Tips, Facts and Traps.
• Four Pillars has zero percent balance transfer credit card deals.
  DR presents What is a Credit Card Balance Transfer – The Dough Roller posted at The Dough Roller.

Photo credit: Yersiana, smithsonian