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

How many times have you heard it: “Just pay more than the minimum and you’ll be fine.” Sure—if you’ve got a small balance. But if you’re sitting on  $80,000+ in credit card debt , that advice can turn into a slow-motion financial disaster. In this episode, Steve Rhode (the original Get Out of Debt Guy) and Damon Day break down the  minimum payment trap with real numbers —how “doing the responsible...

New year, new you… and one number you’ve been dodging for way too long. In this episode, Steve Rhode (the old/original Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) walk you through the most important (and honestly, toughest) first step in getting out of debt:  finding your real numbers —how much you owe, and how much cash you’re bleeding every month just to keep the debt treadm...

It’s the last day of the year…and we’re not doing the same tired “New Year’s resolution” routine. Steve Rhode (the old, original Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) are laying out what actually works: a  real strategy you can start today —and real progress you can make in the next  90 days . In this episode, we dig into why debt “resolutions” fail (they’re emotional, n...

It’s Christmas Day… and if you’re lying awake at 2 a.m. staring at the ceiling thinking, “What am I going to do about my debt?” — this episode is for you. Steve Rhode and Damon Day talk straight about the  quiet moment  nobody posts on social media: the holiday pressure, the shame spiral, the fear that you’re the only one struggling, and that awful feeling like everyone else is cheerful while you’...

Christmas is days away, and if your credit cards are already screaming… this episode is your permission slip to stop the shame-spiral, enjoy your people, and  not  make things worse. We talk holiday spending strategies that actually work—setting real limits, using cash, and choosing experiences over stuff—because the best “gift” is not waking up in January with a financial hangover.   We also get...

It’s December… and if you’re staring down holiday spending while your credit card debt is already heavy, you’re not alone. In this episode, Steve Rhode and Damon Day talk about why so many people avoid looking at their balances during the holidays, what that avoidance really costs you, and how to enjoy the season without turning January into a financial disaster. We dig into the pressure to “keep...

Is your side hustle really helping you get out of debt—or quietly dragging you deeper in? In this episode, Steve Rhode, the old, original Get Out of Debt Guy, and the new Get Out of Debt Guy, Damon Day, break down the truth about side hustles, gig work, and those “make money from home” dreams that can turn into financial nightmares. Steve and Damon talk about the two very different worlds of side...

Every time you open TikTok, Instagram, or Facebook, there’s another slick “debt relief” ad chasing you around. Secret government programs. Guaranteed 80% reduction. Gurus in rented Lamborghinis who “paid off $80,000 in six months.” In this episode, Steve Rhode—the old, authentic, original Get Out of Debt Guy—and the new Get Out of Debt Guy, Damon Day, pull back the curtain on the hidden traps in d...

In this episode of  The Get Out of Debt Guy Podcast , Steve Rhode — the original Get Out of Debt Guy — and co-host Damon Day dig into two big money topics you’ll want to hear. First, they tackle the controversial idea of a  50-year mortgage , explaining how a slightly smaller monthly payment could actually cost homeowners  hundreds of thousands more  over time — and why a  50-year adjustable-rate...

Steve Rhode — the old, original Get Out of Debt Guy — and the new Get Out of Debt Guy, Damon Day, break down the headlines behind AI, layoffs, and automation without the hype. If you’re worried about job security (especially in white-collar or repetitive roles) and you’re carrying debt, this episode gives you a calm, practical game plan: how to reskill, where to start with AI tools, and the exact...

Steve Rhode — the original Get Out of Debt Guy — and Damon Day — the new Get Out of Debt Guy — break down the real-world pros and cons of accepting a credit-card debt settlement. We explain why banks won’t deal early but suddenly send settlement letters before charge-off, how “settled for less than full balance” impacts your credit report, and what the IRS does with forgiven debt (hello, 1099-C)....

Is college still worth it — or are we all buying into one of the most expensive myths in America? In this episode, Steve Rhode — the old, original Get Out of Debt Guy — and Damon Day — the new Get Out of Debt Guy — break down  what nobody tells you  about college debt, trade schools, and real financial ROI. They dig into: 🎓 The shocking truth about student-loan default rates 💸 Why a two-year tra...

In this heartfelt episode, Steve Rhode — the original Get Out of Debt Guy — and Damon Day — the new Get Out of Debt Guy — talk about The Meaty Mama , a hardworking YouTube creator juggling gig work, family, and $50,000 in debt. Steve and Damon explore the emotional and financial challenges she faces, including burnout, unstable gig income, and whether selling her condo is really the answer. Togeth...

In this heartfelt episode, Steve Rhode — the original Get Out of Debt Guy — and Damon Day — the new Get Out of Debt Guy — talk about The Meaty Mama , a hardworking YouTube creator juggling gig work, family, and $50,000 in debt. Steve and Damon explore the emotional and financial challenges she faces, including burnout, unstable gig income, and whether selling her condo is really the answer. Togeth...

In this episode, Steve Rhode — the original  Get Out of Debt Guy  — and Damon Day — the new  Get Out of Debt Guy  — open up an honest, thoughtful conversation about debt, forgiveness, and financial recovery. Inspired by Steve’s new article  The Comprehensive Case Against the “Dave Ramsey Way is the Only Way” , this discussion isn’t about tearing anyone down. It’s about opening up the conversation....

In this episode, Steve Rhode (the old Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) dig into one of the most common fears people have about money:  “If I stop paying my credit cards or personal loans, can I go to jail?” We separate fact from fiction, explain why  debt misfortune isn’t fraud , and share the real consequences of missed payments. Damon introduces his “shoot the hos...

Is it worth pulling money from your 401(k) to wipe out credit card debt charging you 20% or more? In this episode of  The Get Out of Debt Guy Podcast , Steve, the original Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, break down the real trade-offs. We tackle the emotional relief of paying off high-interest balances versus the cold math of lost compounding, penalties, and taxes...

Losing your job can feel like the floor’s been pulled out from under you—but there are steps you can take right away to steady your finances and protect your future. 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 what to do first when you’re laid off, terminated, or facing a sudden loss of inc...

Prices are climbing faster than paychecks—and families feel the squeeze. In this episode, Steve Rhode (the old Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) break down the real-world cost pressures hitting households right now:  cost of living vs. wages ,  shrinkflation at the grocery store ,  Instacart/app markups ,  rent and housing costs ,  electricity rising faster than infl...

Life’s more expensive than ever, and once you’ve cut back on extras, the only way forward is to earn more. In this episode of  Get Out of Debt Guy , Steve Rhode talks with Damon Day—the new Get Out of Debt Guy—about how to turn evenings into real money using gig apps like DoorDash, Uber, Instacart, and Amazon Flex. Damon shares the playbook he personally uses to bring in serious side hustle income...

Divorce isn’t just the end of a relationship — it’s often the start of a financial nightmare. In this episode, Steve Rhode, the original  Get Out of Debt Guy , and Damon Day, the new  Get Out of Debt Guy , dive deep into the ugly mix of money, debt, and divorce. From the skyrocketing cost of contested cases to the fallout of hidden debt, blended families, child support battles, and credit destruct...

Debt relief shouldn’t feel like a trap—but for too many people, it is. In this episode of the Get Out of Debt Podcast, your trusted debt coach, Steve Rhode (the original Get Out of Debt Guy), and Damon Day (the new Get Out of Debt Guy), break down 20 manipulative sales techniques used by both for-profit and nonprofit debt relief companies. Discover how to get out of debt wisely by understanding th...

Debt isn’t just about numbers—it’s about the emotional, moral, and even spiritual weight it puts on your shoulders. In this episode of The Get Out of Debt Podcast, Steve Rhode, the original Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, dive deep into the centuries-old struggle of the morality of debt and how to get out of debt when you’re stuck. We tackle why guilt and shame can...

Are you ready to learn how to get out of debt while cutting expenses without hating your life? In this episode of the Get Out of Debt Guy Show, I’m joined by Damon Day to unpack simple, sustainable debt advice that makes saving money feel manageable. We explore realistic spending habits that can sabotage your financial goals—like trying to impress others—while providing smarter choices such as buy...

We kick things off by answering a listener’s question:  How do I know if my interest rate is too high?  Seems simple—until we dig into the loopholes big banks use to dodge state usury laws and how shady tribal loan scams worked… until they didn’t. But buckle up—because what follows is the real headline: a massive, catastrophic overhaul of the federal student loan system that almost nobody is talki...