The second edition of the blog carnival at CreditShout.com Carnival of Everything Credit has been released. Topics discussed range from keeping one’s credit cards healthy to paying off debt to strategies for controlling one’s spending. Michael Geoffrey makes the salient point that if one suddenly receives a bundle of money, they should apply it towards paying down credit card debt instead of investing it. This is excellent advice.
Raj Patel writes for DebtGoal.com, a do-it-yourself system for getting out of debt and lowering your interest costs. DebtGoal.com incorporates all of the techniques discussed in this post and can help users understand and get visibility to and manage their debt finances.
Tags: blog carnivals, Credit cards, credit score, debt, Debt Management, Debt Paydown, financial emergency, frugality, holidays, mortgage, mortgage crisis, Savings, Spending