In today’s economy most people are trying to cut back on credit card debt. Some families are dealing with unemployment, health concerns, or foreclosure. Others haven’t been hit by these misfortunes, but would like to save more and need to eliminate debt in order to have more to put away. Here are some tips and tricks for cutting down on what you owe.

Finding more money in the budget

Most of us spend more than we realize on the little things.  If you currently grab breakfast or lunch at the drive through on a regular basis, you might be surprised at how much it’s costing you. Start packing a lunch every day. You’ll save money and probably eat a healthier meal.

Make breakfast at home, and while you’re at it, make coffee there, too. Those flavored coffee drinks are fun, but if you add up how much you spend on them every week, you may change your mind about them. If you need any further incentive to skip the coffee chain, check out the calorie and sugar content of your favorite order.

Cut back on impulse buys

Most of us have an area where we’re prone to impulse buys. For some it’s treats in the supermarket, for others it is auto accessories or that new product in the beauty supply. Beware of the sale racks near the checkout or large displays at the end of the aisle in the superstore.

Run the numbers

It’s easy to get sucked in by multi-buy deals and other seeming bargains. Getting two for the price of one may seem like a good purchase, but if you don’t even really need one, then it really is not. Shop with a list and, when tempted by a bargain, ask yourself how many you need and how long the supply you’re buying will last.

If you’re like most people, you will be surprised at how much you are spending without realizing it.