#2: Cut Credit Card Spending

Unfortunately when cash is scarce, many of us turn to credit cards to help make ends meet. And while they can be a very useful part of your financial arsenal, they can easily turn into an enemy if you're not careful!

What to do? Cut up all but one or two cards and — whatever you do — don't put more expenses on them than you can afford to pay off IN FULL each month!

If you're already saddled with a large credit card debt, work toward paying it off as quickly as possible. Once again, it means you'll have to cut back on those little (and big) "extras" in your life. Check out six simple steps to becoming debt-free in Pay Off Those Credit Cards NOW!

More ideas on keeping your credit card spending in check:

Stay on Top of Credit Card Payments

Next: #3: Build (And Live Within) a Budget