Consumers added more than $32 billion in revolving debt in 2012, a recent CardHub.com study says. Overall, the U.S. populace owed credit card issuers more than $830 billion at the end of last year.

As good as that must be for the likes of Citigroup (NYSE:C), which has seen sharp increases in consumer banking profits over the past two years, rising debt levels suggest that everyday shoppers haven't fared as well, says Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova.

Fortunately, the indebted can take several practical steps to dig out. Principal among them, says Tim, who has also struggled with debt, is to use cash or charge cards as much as possible. That way, you're forced to pay your bill monthly.

Do you agree? Please watch the video to get two more of Tim's ideas, and then leave a comment to let us know the best financial advice you've received in your own battle with debt.