If you caught Clark's Good Morning America appearance yesterday, you know that the quick format of TV forced him to speak in sound bites. Today, he wants to expand on his message about what to do in tight economic times.

There's no automatic easy answer. Let's face it, you can't control the price of a barrel of oil or the rising cost of food. So what can you control? Well, just take a look at your monthly bills.

If you have a landline, analyze your phone bill and find out if you're getting the "tariff rate" for your dial tone. Local monopoly phone companies train their employees to sell the "regular" rate, which is actually a heavily marked-up price for dial tone. But in reality, states set the tariff rate, which can be anywhere from $7 to $17. Keep in mind you have to pay junk fees in the $7 to $12 range on top of that.

When it comes to your TV, try reducing your programming package. You may want to go to broadcast basic, which is another regulated rate for cable TV. You'll typically pay between $9 and $14 for about 30 channels. Or you might even want to eliminate your cable/satellite bill altogether and go the rabbit ears route.

Go through your life, bill by bill, and see what you can do to free up more money. Many times, there's something we can cut out without radically changing what makes us happy.

If you're a shopaholic, try shopping without a cart. When you just fill your arms, you're not able to pick up those impulse purchases. Clark himself only shops in stores with concrete floors like the warehouse clubs -- no malls. When it comes to grocery shopping, he suggests that you buy perishables every week and non-perishables every 6 weeks.

Debt has made us feel like things are worse than they are. Clark recently read an article about how our health can be damaged when we constantly worry about debt. But nothing is worth your health. So come up with a plan and tackle your debt.