Little Ways to Cut Costs to Help Lower the Debt Problem When you have a debt problem it is crucial to cut costs to be able to budget your money better. Many of those with debt problems don’t realize how much small amounts of money add up in the long term and what is only £2 one day is £60 at the end of the month. Here are some charges that you can avoid to help you save a few extra dollars. 1. Interest Rates: Try to have your credit card balances transferred to a lower interest credit card or even a consolidated loan with a lower interest. Even a few points of interest can save you a lot of money. 2. ATM Machines: Avoid these as much as possible. A good percentage of the times that you use these you are charged between one dollar and several dollars. Doing this several times even in one month can cost an extra £15 even if you use your own banking machine. Fees increase with private ATMs. Ask for cash back from stores where you use debit instead. 3. Coupons: Coupons are distributed by companies to promote their products so why not take advantage of this? You can find these at stores, in flyers, and even on various websites that allow you to print the off and cut them out.