Many people make New Year's resolutions every December or early-January. While January 1st gives everyone a chance to start fresh or turn over a new leaf, the goals are usually very similar - lose weight, go to the gym more, and so forth. However, another popular goal to consider is working on your finances. If you currently find yourself in debt, use the new year to get yourself in the black with these handy tips.

Spend Less
Take a look at your all of your monthly bills - rent or mortgage, car note, utilities, debts, etc. From there, figure out which expenses you could do without, or at the very least reduce. For example, if you have cable, first consider opting for a lower tier. You might get fewer channels, but you could also save several dollars. If you find yourself not watching those channels that often, think about cutting cable altogether. The same goes for expenses with tiered setups, i.e. cellphone payments. If you do not talk on the phone or text that often, you can find a cheaper plan. The same goes for going out to eat. There is nothing wrong with doing so, but everyday eating out can easily add up. Therefore, try cooking at home more to save money.

However, the money you save does not go towards more splurging. Instead, set the money aside in a savings account. While this money comes in handy in an emergency, you should also build up the money to pay off outstanding debts, for example, credit cards, medical bills, or student loans.

Manage Your Debt
If you have outstanding debts, work to get them in order. Look at your finances to figure out what you owe altogether, or get an estimate. If you are unsure, debt management companies can help your get a good idea. Debt management companies are very helpful with debt recovery solutions, which help you get out of the red. Keep in mind, however, that these companies normally charge a fee, so if you resolve to spend less, debt management companies could help and hinder you at the same time.

Use Your Refund
If you expect a tax refund in the springtime, do not plan on spending everything at once. The windfall is great, but if you have an outstanding balance, try using some of that check to pay the balance off. This in turn boosts your credit score tremendously, and helps free up a little extra money each month. While you can have a little fun with your check, also put some in savings for a rainy day. You never know when you may need a new car part, and you do not want to put it back onto a credit card.