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Content provided by Steve Rhode. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steve Rhode or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
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Don’t Buy the Wrong Fix: What Really Works to Get Out of Debt

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Manage episode 485292883 series 1090713
Content provided by Steve Rhode. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steve Rhode or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Too many people waste thousands chasing the wrong debt solution. In this eye-opening episode, Steve Rhode—the original Get Out of Debt Guy—and Damon Day—the new Get Out of Debt Guy—pull back the curtain on the truth behind debt relief programs, credit counseling, debt settlement, Dave Ramsey plans, and even bankruptcy.

We break down:

  • Why people fall for the wrong solution

  • What debt relief companies don’t tell you

  • How to weigh real options like credit counseling vs. bankruptcy

  • The hidden cost of sticking with bad advice

  • And why it’s not a failure to legally reset your finances

This episode covers it all, with honest, no-judgment advice and some laughs along the way.

Whether you're in Raleigh, Dallas, or Des Moines, this show is packed with insights for anyone feeling stuck in debt. We also talk about Damon’s custom strategy approach, how to avoid being sold a product instead of finding the right plan, and what Steve learned firsthand after his own bankruptcy.

👉 Visit https://getoutofdebt.org for free resources.
👉 Want personal help? Damon is available at https://damonday.com

  continue reading

189 episodes

Artwork
iconShare
 
Manage episode 485292883 series 1090713
Content provided by Steve Rhode. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Steve Rhode or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Too many people waste thousands chasing the wrong debt solution. In this eye-opening episode, Steve Rhode—the original Get Out of Debt Guy—and Damon Day—the new Get Out of Debt Guy—pull back the curtain on the truth behind debt relief programs, credit counseling, debt settlement, Dave Ramsey plans, and even bankruptcy.

We break down:

  • Why people fall for the wrong solution

  • What debt relief companies don’t tell you

  • How to weigh real options like credit counseling vs. bankruptcy

  • The hidden cost of sticking with bad advice

  • And why it’s not a failure to legally reset your finances

This episode covers it all, with honest, no-judgment advice and some laughs along the way.

Whether you're in Raleigh, Dallas, or Des Moines, this show is packed with insights for anyone feeling stuck in debt. We also talk about Damon’s custom strategy approach, how to avoid being sold a product instead of finding the right plan, and what Steve learned firsthand after his own bankruptcy.

👉 Visit https://getoutofdebt.org for free resources.
👉 Want personal help? Damon is available at https://damonday.com

  continue reading

189 episodes

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