Low Interest Credit Cards

Welcome to the 295th edition of the Carnival of Personal Finance, a weekly roundup of the best personal finance blog posts on the Web.

This week’s theme is the seven deadly sins of personal finance. From lusting after unnecessary expenses to slothfully letting debt grow, we’re all a little guilty of financial transgressions from time to time.

Throughout this carnival, we will explore the seven sins of lust, wrath, pride, envy, gluttony, greed and sloth. Enjoy!

Editor’s Picks:

• Free Money Finance shows how easy it is to make $1 million, but goes on to explain why most of us never get around to making it happen.
• Credit Card Forum brings up a topic I haven’t heard much about: whether you can get a credit card without a Social Security number.
• As someone who is getting married in less than two months, this is one that really interested me.

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A few weeks ago, I was interviewed by CESI Debt Solution for a blog post on frugality tips. They asked me and 18 other personal finance bloggers a series of questions about frugality and posted it as a group interview. I was inspired by this concept and decided to do something similar: I interviewed seven of my favorite personal finance bloggers about their thoughts on credit cards and debt.

Read on to learn some tips and tricks about paying off debt and using credit cards wisely, and find out what these bloggers think of the new Credit CARD Act. You will also find out whether these bloggers think it’s possible to live without credit cards. Be sure to leave a comment and give us your two cents, too!

1. There are many different strategies people use to pay off credit card debt. What do you think is the best approach?

You have to make a commitment to pay off credit card debt. This has to be something you are going to do every day until your debt is gone.

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