If you don’t think the first week of the year is a tough one, you must be from another planet. After all the celebrating, gifting, shopping, overindulging and family gathering, you can’t but experience a rude awakening once you are back to “normal”. Financial realities hit you the hardest this week, especially if you were already in debt before the holidays.
The good news is, consumers are becoming savvy financially and committing themselves to getting out of debt. More than ever, resources are readily available for individuals to make the right decisions around managing debt. Companies like Lending Club, Mint, Perkstreet Financial, SmartyPig and CreditKarma are leading the way in providing innovative products to help you manage credit score, track budget, pay off debt and live debt free.
In addition to innovative financial products, an unprecedented amount of personal finance advice is accessible via blogs and traditional media. In the spirit of the Shred Your Credit Card contest, the following 12 blogs stand out as extraordinary resources to help you out of debt by providing timely, relevant and useful content and tools to get you ahead of it.
We took the liberty to select 3 articles that represent the best get-out-of-debt advice from each blogger. Enjoy:
Bible Money Matters
To Debt Snowball or Debt Avalanche, That Is The Question
A Biblical Look At Debt
Pay Off All Debt Using The Debt Snowball
The Correct Way to Pay Off Personal Debt: The Debt Avalanche
The 5 Worst Forms of Debt
How Debt Settlements Affect Credit History
Most of My Articles are about Debt Settlement – Why?
Freedom debt relief says upfront fees help consumers-I say Bullshit-What say you?
Don’t Call a Debt Settlement Company for Financial Advice, Craigslist Exposes Why
Debt Free Adventure
Help With Debt – Which Loan do I Pay First
Debt Plan – Facing Bankruptcy & Foreclosure
You Always Have Options
Consumers rue their debt decisions prior to recession
Will that be cash or credit?
Bringing Debt Into a Marriage
Enemy of Debt
‘Twas the Night Before Christmas (In Debt Edition)
Defensive Measures for a Deliberate Media Attack on Personal Finances
Teaching Kids About Money
Free From Broke
Sure-Fire Tips To Renegotiating Your Credit Card Debt
Too Much Debt? 5 Steps To Pay Off Your Debt
A Goal Based Approach To Debt Management
Get Out Of Debt Guy
The Honest and Unvarnished Truth About How to Get Out of Debt
Easy Financing? Consumers, Beware!
The Best Day of the Week to Apply for a Debt Consolidation Loan
Man vs. Debt
“Debt Comes Calling” – A Fictional Short Story
Too Much Credit: A Stunning Graphic on Personal Loans & Credit Cards
Paying Off A Decade of Debt: A Reader Success Story
One Money Design
Should You Work with a Debt Settlement Company?
Get Out of Debt: Common Characteristics of Those Who are Successful
Live Debt Free – Avoid the Stress of Debt
Tame the Beast: Legally Eliminate Credit Card Debt
A Plan to Be Debt Free
Excessive Credit Card Debt: How Much is Too Much?
The Digerati Life
The Debt Snowball from Dave Ramsey: FAQ
Get Rid Of Your Debt With These Debt Defying Strategies
Use A Debt Consolidation Calculator, See How To Erase Debt Faster
If you enjoyed this list, check out the Top 100 Personal Finance Micro-bloggers of 2010.