Is there a way to lose saddlebags?

So my upper body is pretty small and my lower body is a different story. I have a bigger butt and really wide hips/saddlebags like this:


http://www.goodhousekeeping.com/cm/goodhousekeeping/images/aX/0212-jeans-wide-hips-before-mdn.jpg

Is there ANYTHING I can do to make my hips smaller or lose some inches? Any exercises? It's really taking a toll on my self confidence and finding jeans is a chore. I'm 19 btw and I am 5ft1
 
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