Issue #5 - Avoiding Debt
This month’s carnival is all about how to avoid debt. The basic principal is simple, don’t spend more than you make, but actually practicing that principal can be quite a challenge. Here are some articles that may help.
Debtopedia offers a great article on
Living Debt Free and follows it up by explaining that
An Ounce of Prevention is Worth Many Pounds of Interest.
Financial Zip clarifies further with their article on
How to Create a Debt Free Mindset.
Phil for Humanity doesn’t mix words when explaining the importance of planning in his post
No Long Term Planning is Stupid and neither does KCLau with their advice of
Don’t Spend Money You Don’t Have, to Buy the Thing You Don’t Need, to Please People You Don’t Like! To help offset all the advice on what not to do, Dividend Money presents an article on
How to Automatically Save More Money Every Month and Destroy Debt offers
90 Low Cost or No Cost Activities to Entertain Your Kids All Summer Long.
