Blogging Away Debt Blogging Away Debt follows real people on their journey to debt freedom — with tips on the debt snowball, budgeting, cutting expenses, and staying motivated.

by Tricia

Lots going on around the blog-o-sphere this week. Here are a few articles that caught my eye.

This week, the Carnival of Debt Reduction is over at Picture of Wealth. Check it out for some juicy debt reduction related articles.

Jim took a closer look at how my son priced some of his toys and wrote an entire article about understanding price, instrinsic value and emotional value. Pretty interesting when you look at it that way.

Starving Artist shares why you should at least try to budget, even if you fail.

Lazy Man got married (congrats!) and came clean about the cost of his wedding.

Enjoy!

by Tricia

Oh how I love to read stories about those who have made their goal of paying off their debt a reality. A reader sent me a link to this story about a teacher that is only a few days away from paying off all of his credit card debt and loans.

Credit Counseling Group and Repayment Plan Helped Teacher

Jerry Guerrero, 56, ended up working with a credit counseling group to help pay off his debt. I don’t talk about that option much because I don’t know much about it. For Jerry, it seemed to be the tool that he needed to become focused and pay off his debt.

A few key points of his plan:

• Quit obtaining new debt
• Get interest rates lowered (his highest was at 24%)
• Make extra money
• Avoid late fees

Congrats Jerry on your awesome achievement!