ANSWER - You need to decide whether your focus in on reducing your debts or increasing your income. The two are very different directions and without a clear focus your magic will be confused and less effective. Lets work on the fact that you have debts that you would like to reduce. The first thing is to know exactly what debts you have. You cannot direct your intent until you know exactly what position you are in and what you have to work with. Gather all your finances together and make a comprehensive list of all the money you owe, to whom you owe and how much you owe. Write it all out on a piece of A4 paper. Add in a good bit of practical thought here, magic can only take you so far. Work out a plan of realistically paying off some of these debts, even if it is very long term, but make sure you have a strategy in place going forward. Take the sheet of debts and carefully snip the top off the paper, so you have cut approx ¼ cm off the page.
Light a green candle and burn the small piece of paper you have removed. As the paper burns, visualise the first of your debts disappearing and blowing away with the smoke from your burning.
You could use some simple wording to reinforce your intent:
“Debts that bind and hold and choke
Disappear in the smoke.”
Repeat on a weekly basis, each time carefully taking the same amount off the paper and burning in the green candle with the same wording. (Some people would tell you to use a different candle every time but to be honest, its the same spell so just keep the same one for the working each time.)
The idea is that by the time your paper is finally burned you will be in control of your debts.
Image http://www.sxc.hu/photo/1316485 (highwing)