Tip #5:
Save hundreds on credit card interest

One of the simplest and surest ways to immediately put a dent in your debt: Lower the interest rate you pay on your credit card balance.

Take a peek at any credit card offers you get in the mail.  What interest rate are they offering? Most have a teaser rate, but you can find the card's normal interest rate after the teaser rate ends.

Next, call your credit card and say, "I'm calling about account number XYZ. I have been a good customer for X years.  I have gotten a few offers for credit cards with much lower rates than you are charging me. I would like to keep giving you my business but cannot do so unless you can lower my interest rate today." They'll hem and haw, but if you stick to your guns, you stand a good chance of getting your interest rate lowered.

Next: Turn gift cards into cold hard cash!