Friday, June 24, 2011

Day 256 - Weekly Roundup

Blogs and articles of note this week:

You can live fabulously on a budget. Some helpful tips and tricks to cut  your costs yet still have some fun!

Is a debt-free life the best way to live? via @cnnmoney You folks probably already know my answer to this question but I figure I should showcase alternate opinions on this topic.

Smart strategies to get out of debt. Lots of great money-saving tips in this article and also ways to create a plan to get out of debt. Give it a glance.

How my debt-free marriage led to freedom for new opportunities. via @grsblog A reader story from the Get Rich Slowly blog. I hope to be writing something like this in the near future. Very inspiring.

Congress proposes relief for student loan borrowers. Senators Dick Durbin (D-Ill.), Al Franken (D-Minn.), and Sheldon Whitehouse (D-R.I.) have introduced the Fairness for Struggling Students Act of 2011 in the U.S. Senate. Representatives Steve Cohen (D-Tenn.), Danny Davis (D-Ill.), John Conyers (D-Mich.), and George Miller (D-Calif.) introduced the related Private Student Loan Bankruptcy Fairness Act of 2011 in the House of Representatives. Both bills would restore the ability to discharge commercial student loans in bankruptcy proceedings, reversing a 2005 change to the law for borrowers who find themselves unable to make payments on their loans.

Happy Friday!

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