Welcome to Consumerism Commentary for the 141st edition of the Carnival of Debt Reduction! This carnival is a traveling showcase of the best articles about the process of eliminating debt. Submissions are normally accepted from one week prior to the release of the edition and come from various blogs.
The theme for this week is “Enemies of Doctor Who.” The concept of debt would certainly be an enemy worth the Doctor’s attention, if he had any money. Let’s start with my favorite articles amongst all the submissions.
The Master is the arch nemesis of the Doctor. Both Time Lords from Gallifrey, they are each other’s foil.
mbhunter presents Debt reduction, saving, and investing: Which when? posted at Mighty Bargain Hunter. This article addresses priorities and how they can change depending on your financial situation. Should you invest even a little of your income while you’re trying to get out of debt?
Madison presents Turn Your Wasted Money Into a Debt Reduction Plan posted at My Dollar Plan. If you control your impulse spending and direct the newly acquired savings to debt, you can speed along the debt reduction process.
Debbie presents Manage Your Money With a “Preparation” Account posted at Destroy Debt. Debbie’s article outlines the formation of a checking account that exists to handle nothing but unexpected expenses. It’s a step up from an emergency fund, because you know you will be dipping into it, but not at regular times for paying monthly bills like your regular checking account. Great idea!
The Daleks are mutants encased in metal from the planet Skaro. The Doctor led the Great Time War between the Time Lords and the Daleks, resulting in near genocide of both species.
SingleGuyMoney presents Paid Off A Past Financial Mistake – The Car Loan posted at Single Guy Money. For a while, SingleGuyMoney wanted to remain liquid, which meant keeping a car loan he could afford to pay off from savings. He’s decided that he has a sizable cash cushion, so he made the plunge and paid off $23,000 in one sitting!
Mike presents If necessity is the mother of invention… posted at Living the Cheap Life. “Many people forget that they’re actually going to have to find a way to make good on their debts. People who are on a debt joyride eventually have to pick up the pieces. They’re eventually forced to rearrange their lives entirely to pay off the debts they’ve incurred. All too often, this only happens when the problem expands and it becomes painfully obvious that the only way out is to think creatively and reform old habits.”
Alexander presents Do Bigger Payments Really Make For A Faster Payoff? posted at Wealth Junkies. This articles challenges assumptions about the benefits of paying off a mortgage early.
Please continue reading all the articles that were submitted.
Cybermen were originally humanoid but began adding cybernetic augmentations to their bodies to survive. Now they want to “upgrade” all humans.
Jeremy Zongker presents What NOT to do when a bill collector calls (by a former bill collector) posted at Thoughts from a Former Bill Collector.
Bryce presents Debit Debt From Your Life posted at Save and Conquer.
Heather Allen presents Unfair Help With Unfair Agreements? posted at Heather Allen.
mercurial scribe presents Money Mondays, ep 9 – Welcome me back! posted at Mercurial Scribe.
The Black Guardian is the personification of entropy and chaos. He was a pest to the Doctor for a while, but that’s about it.
Robert S Woods presents Get out of debt, Fast – Part 1 posted at Robert S Woods.com.
The Sontarans are pure warriors and the race is dismayed that they were not allowed to participate in the greatest war ever known, the Great Time War.
chargrylls presents Free Cash for Snowflaking – Snowflake Report – $57.83 posted at Debt Non Sequitur.
Anthoney Grigsby presents Alternatives To School, Home, And Business Loans posted at HelpMyCashGrow.com.
paidtwice presents Three Tactics To Get Everyone On Board With Debt Reduction posted at I’ve Paid For This Twice Already….
Michael presents Bankruptcy Untouchables: Debts That Remain After a Chapter 7 posted at Small Business Blog.
Raxacoricofallapatorians, such as the Slitheen family, squeeze their huge bodies to fit into the skin of humans. One was Prime Minister of Great Britain for a while.
Thanks to everyone who participated in this edition of the Carnival of Debt Reduction. Next week, the Carnival of Debt Reduction will be hosted by Girls Just Wanna Have Funds. For more information about the Carnival of Debt Reduction, visit the carnival’s home.
For more interesting stuff about Doctor Who, check out the a Doctor Who podcast, Not The Mind Probe, created by a friend (wink).
Updated December 21, 2011 and originally published May 27, 2008. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.