The following are some simple tips for reducing debt on a daily basis. The best way to reduce debt is to learn to spend less, and live on what you make.

Eat in.
When you spend money at a restaurant for food, you also pay for someone to prepare it, serve it, clean it up, as well as a premium for eating it out. This means that the cost of one meal at a restaurant for a family of four could probably pay for the whole week's worth of groceries for that same family. Instead of eating out, reduce your debt by staying in and cooking a meal together as a family. The money you save will help you to not incur new debts, and to free up money to pay down your existing debts.

Budget wisely.
If you want to reduce your debt you have to start to pay down the debt you have by freeing up money in your income to apply to debts. The best way to do this is to create a budget and stick to it. If you learn to budget wisely so that you meet your needs for pleasure and fun, but at the same time live within your means and have some money left to get you out of debt, you will be much happier in the long run.

Set debt goals.
If you want to reduce your debt on a daily basis you need to have goals for where you want to be with your debt so that in your daily finances, when you are out shopping, getting gas, etc. those goals are forefront in your mind and you do not overspend, making them impossible to achieve. If you have goals, and you think about them daily, you are less likely to do the actions that will make meeting your goals an impossibility. So, set your goals for debt, write them down, remind yourself of them on a daily basis, and even if you screw up, start again the moment after. You always have to be working toward something, or your finances will fall by the wayside.

Automatic debt payments.
If you want to reduce your debt daily, then set up an automated system to pay down your debts. This will keep you from overspending because if you know that a certain amount will be debited from your bank account on a day coming up, you are not going to risk overdrawing your account for a movie, coffee, new blouse, etc. In addition, setting up an automatic system to pay more than your minimum on your debts is a set in stone commitment that you are going to reduce your debts.