The Carnival of Debt Reduction is a weekly blog carnival that highlights posts on getting out of debt. Personal debt reduction progress reports and posts about reducing debt are what this carnival is all about!

Thanks to those who participated. Here are this week’s submissions that were related in some way to debt reduction, in the order that they were received:

– Mark talkings about the benefits of staying out of debt, mentioning that in the U.S. people seem to be expected to go into debt.

– Money Walks manages to pay off 22% of their credit card debts, moving their current net worth a little further in the right direction.

– Steve talks about debt evaluation and debt restructuring as part of his debt free year end financial review.

– Free Money Finance tells a story about why you shouldn’t use those dangerous checks in the mail to help with your cash flow: they’ll get you further into debt.

– Stuart explains how to refinance successfully, and when doing so could be a good debt reduction strategy.

– Super Saver describes their personal experience with debt, which includes a mortgage, student loan, and car loan.

– While paying off the mortgage quicker sounds appealing, Searchlight Crusade says buyers should beware when it comes to mortgage accelerator programs.

– Silicon Valley Blogger offers 15 ways to control your holiday budget, along with a bonus link to a Debt Free Holidays Handbook.

– Tricia talks about how her heart broke yesterday because she needed to work to continue paying off debt and had to miss an event with her son.

– Money Smart Life points out that controlling debt is all about making choices. He & his wife are faced with patching the crack in their monthly budget.

– J.D. starts to see the light at the end of the tunnel as he moves toward his debt-free date.

Submit your blog article to the next edition of carnival of debt reduction using the carnival submission form. Past posts and future hosts can be found at the home of the Carnival of Debt Reduction.