Taking on credit card debt in an unstable economy is a risky proposition. The last thing you need is higher bills that will eat up more of your budget. You need to free up as much cash flow as possible to pad your savings.
You should review your budget carefully to find any expenses that you can afford to cut or cut back. This will help reduce the total expenses in your budget, leaving more income to save and pay off debt. It will also help you avoid the need to make new credit card charges.