The 172nd edition of the Carnival of Personal Finance (the Meltdown Edition) is posted at DebtKid.

If you’re not sure what a blog carnvial is, it’s where bloggers who write about a similar topic (in this case personal finance) submit their best articles to be compiled together on one website for readers to enjoy.

There were over 50 articles submitted this week.  Here are a few that look interesting to me…

• Money Beagle gets a really interesting insider look at the credit crisis.
• Trent from The Simple dollar goes into depth about the 12 biggest personal finance mistakes people make over and over again (plus their solutions!)

One of my Twitter buddies recently asked what a blog carnival was and if it was a good idea to participate in one.

What a great question! According to BlogCarnival.com, a blog carnival is a blog community where articles on a particular topic are linked to on a blog host’s page. A blog carnival is similar to a magazine in that you have a topic, editors, contributors and readers. Blog carnivals are typically published on a regular schedule (can be weekly, monthly, etc.) and generally include editor comments along with links to all of the articles contributed.