Get Out of Debt Guy | Smart Debt Solutions for Your Financial Freedom

In this episode of the Get Out of Debt Guy podcast, Steve Rhode and Damon Day dig into one of the biggest emotional traps people face when they are drowning in debt: the idea that bankruptcy is somehow a moral failure. Steve and Damon talk about debt settlement sales tactics, why sales quotas can lead to bad advice, how shame keeps people from making smart financial decisions, and why bankruptcy m...

This week, Steve Rhode, the old original Get Out of Debt Guy, takes a solo run through the debt news that could actually matter to your wallet. I cover consumer settlement claims involving Amazon Prime, Lemonade, GameTime, and missed claim deadlines that quietly pass people by. Steve also digs into why waiting for Federal Reserve rate cuts is not a debt strategy, how AI voice-cloning scams are get...

In this episode of the Get Out of Debt Guy podcast, Steve Rhode and Damon Day talk about the messy real-life decisions people face when debt, savings, investing, home repair sales pitches, FICO fears, and bankruptcy all collide. Steve and Damon wander through door-to-door roof and HVAC sales tactics, why “today only” pressure should make your wallet run for cover, and why trying to save or invest...

In this episode of the Get Out of Debt Guy podcast, Steve Rhode and Damon Day start with a little “other guy” nonsense, AI trading experiments, Robinhood, crypto, and the old LendingClub days before landing on the real meat of the show. Damon shares a tough call with a 71-year-old woman living on Social Security who is carrying about $80,000 in debt, including credit card debt and IRS debt. From t...

Steve Rhode, the old Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, dig into one of the biggest money mysteries out there: why do so many people with decent incomes still feel completely broke? This episode starts with the honest truth that debt problems can feel like financial Groundhog Day. The details change, but the panic, pressure, and confusion are often the same. Steve and...

Steve Rhode, the old original Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, are back with a brutally honest conversation about what debt really does to your brain, your sleep, your family, and your future. This episode is not another lecture about budgeting harder or feeling bad about money mistakes. Steve and Damon talk about the emotional side of debt—the shame, stress, panic,...

Steve Rhode, the old Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, are back with a blunt, unscripted conversation about why waiting to deal with debt can be the most expensive decision you ever make. This episode starts with the bigger picture: American farmers are getting squeezed, food prices are not magically going back to 2019 levels, and the middle class is feeling the pres...

Rising prices, higher food costs, utility bills, and shrinking purchasing power are forcing a lot of households to make harder financial choices. In this episode of the Get Out of Debt Guy podcast, Steve Rhode, the old Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, talk about what happens when the old debt plan no longer works. We cover inflation, credit card debt, changing spend...

Steve Rode, the old Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, record this episode from a Tesla in a Sonic parking lot while eating lunch. So yes, this is the kind of high-production financial podcast you have come to expect. This week, Steve and Damon talk about the “E-shaped economy” and why everything can look fine on the surface while millions of Americans are quietly fal...

Steve Rhode, the old Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, dig into the financial warning signs that are already showing up in real life: college debt that may not pay off, AI layoffs hitting white-collar jobs, Social Security uncertainty, rising gas prices, higher foreclosure numbers, and why carrying credit card debt into this economy could be a dangerous gamble. This...

Steve Rhode, the old Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, tackle a big uncomfortable truth: your FICO score is not your financial life. In this episode, Steve and Damon talk about rising fuel prices, shrinking credit limits, Jamie Dimon’s warning about a possible credit-led recession, and why clinging to a “good” credit score can sometimes keep people broke. They dig in...

In this episode of the Get Out of Debt Guy Show, Steve Rhode, the old or original Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, cut through the noise and talk about what rising prices, shrinking credit access, and a shaky economy could mean for people already living on borrowed money. They cover why relying on available credit is dangerous, how banks can reduce credit lines with...

Spring cleaning is not just for closets. In this episode of the Get Out of Debt Guy podcast, Steve Rhode, the original Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, dig into what it really means to clean up your financial life when gas prices are rising, debt is getting heavier, and cash flow is tighter than ever.   They talk about how higher gas prices squeeze already stressed...

Dave Ramsey’s advice  can  help—until real life shows up. In this episode of  The Get Out of Debt Guy , Steve Rhode (the old, original Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) scrap the planned outline and tackle what people actually struggle with: why Dave Ramsey’s “beans and rice” approach works for some…and flat-out fails for others. They break down: What Dave Ramsey  ge...

Steve Rhode, the old original Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, dig into a hard truth about tax refunds and debt: getting a refund feels good, but using it to make a small dent in credit card balances usually does not solve the bigger problem. In this episode, Steve and Damon talk about why hoping for a windfall is not a real debt strategy, how to use a tax refund as...

What happens when a creditor forgives part of your debt? In this episode of the Get Out of Debt Guy Show, Steve Rhode, the original Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, break down the tax consequences of debt forgiveness and explain what a 1099-C really means. If you settle debt for less than you owe, the forgiven balance may be treated as taxable income by the IRS. Ste...

After filing your taxes, it can feel smart to wait for your refund before making a debt plan. But in this episode, Steve Rhode, the original Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, explain why waiting could be costing you hundreds or even thousands of dollars in credit card interest, personal loan payments, and financial stress. They talk about the real cost of delaying ac...

Got a tax refund coming and wondering whether to save it, use it to pay off credit cards, build an emergency fund, or settle debt? In this episode, Steve Rhode, the original Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, break down the smartest ways to use a tax refund when you’re already struggling with debt. They talk about why throwing a refund at credit card debt is not alway...

Your tax refund feels like a lifeline—until you do the math. In this episode of  The Get Out of Debt Guy , Steve Rhode (the original Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) break down why a $3,000–$5,000 refund usually doesn’t “fix” the kind of credit card debt most listeners are carrying. If you’ve got  $30,000 to $200,000  in debt, a refund can become a  one-time emotion...

You’re smart. You’re successful. You’ve solved hard problems at work and in life. So why is debt the one problem that keeps looping? In this episode, Steve Rhode (the old, original Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) go after the  “I’ll figure it out myself”  trap — the mindset that helps you win everywhere… except when it comes to  credit card debt, personal loans, an...

Ever been carrying debt (or a money mess) your spouse doesn’t know about… and you can feel the secret eating you alive? In this episode, Steve Rhode (the old, original Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) lay out a practical roadmap for the hardest conversation most couples will ever have:  telling your partner the truth about your debt—without turning it into a relatio...

If you’ve run the numbers, know your options, and  still  haven’t taken action… this episode is for you. Steve Rhode (the old, original Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) get brutally honest about the real reason people stay stuck in debt:  fear and shame —not math, not money, not even the solutions. You’ll hear why so much credit card debt comes from  essentials , wh...

January resolutions are cute. February is where the real work starts. In this episode of  The Get Out of Debt Guy ,  Steve Rhode  (the old, original Get Out of Debt Guy) and  Damon Day (the new Get Out of Debt Guy) talk about how to restart your debt plan on  February 5th —without guilt, shame, or fake “perfect budget” nonsense. They break down why people stall (hint: it’s  emotion, not math ) and...

What  really  happens when you stop juggling bills and start taking control? In this episode, Steve Rhode and Damon Day go a little off-script (in the best way) and pull back the curtain on what’s happening right now in the debt world—and what you should watch out for before you sign anything. We dig into: Why debt collection lawsuits are climbing—and how collectors use the court system to flip th...

If you’re making good money and still drowning in debt, this episode is for you. Steve Rhode (the old, original Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) flip the script on the shame that high earners carry. Because your salary isn’t why you’re stuck — it’s the reason you can get out faster than you think. We dig into what’s driving debt right now (hint: it’s not “overspendi...