There are times when you feel that you are handling money way too freely and spend too much, even if you can currently afford it. If you have goals to save up but you see that you are not meeting them, reducing your credit card limit can help you get back on track. Contact your credit card issuer and ask to reduce your credit limit. Just so you know, credit card companies are not allowed to contact you regarding an increase. Therefore, these decisions can come only from you! Stay strong and keep a close eye on your spendings.