you can use a little lacquer thinner, but understand there are potential risks at damaging your model.
When using putty you use it sparingly, applied in several thin layers not one thick one. Apply in thin layers working each until you find you need no more. This minimizes sanding to remove excess putty.
Seems like many novice modelers trowel on their putty only to find they've created themselves a mess and a lot more work.
If you are using putty for seam work you might find this useful....Read The Seams.