Carnival of Debt Management – 5th Edition

The carnivals are picking up as my post on is included in the latest edition of the Carnival of Debt Management.

As is usually the case with the personal finance carnivals, there are some great posts in this edition. I encourage you to spend some time reading through each post and making a habit of checking these sites on a regular basis, as you will likely learn many new things that have the potential to be saving you money on a regular basis.

Without further ado, here are my favorite posts from the carnival:

Test Your Buyer’s IQ
Over at The Digerati Life, you can test your buyer’s IQ to see if you need to quit wasting money on overpriced items. Is cheaper always better? I guess that depends on the wallet of the beholder but I was able to correctly identify the overpriced item in each pairing.

Slicing Your Income Pie
Debt Free bellies up to the table to discuss some ideas on how you should slice your income pie. While these numbers will not work for everyone, I think they are a good starting point if you are in the process of creating your spending plan or looking to improve your money management.

What To Do After Debt
Simple Guru shares some ideas on what to do after getting out of debt. As I have mentioned before, writing down your goals is critical to success and after eliminating debt is a great opportunity to create or revise your goals. In addition, if you were following the snowball method of debt elimination, you can use this same principle to snowball your savings goals.

There you have a few of the posts that I thought stood out in the latest edition of the Carnival of Debt Management. Enjoy the carnival!