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

Steve Rhode
  • 4.2 (30)
  • Self-Improvement
  • Updated Weekly

Welcome to the Get Out of Debt Podcast with Steve Rhode, your trusted source for practical debt solutions, budgeting tips, and effective money management strategies. Join us for real-world discussions on overcoming financial challenges. https://www.pinterest.com/getoutofdebtguy/ https://www.instagram.com/thegetoutofdebtguy/ https://bsky.app/profile/getoutofdebtguy.bsky.social https://www.facebook.com/GetOutOfDebtGuy/ https://x.com/getoutofdebtguy

  1. 4d ago

    AI Is Changing Work Fast: Side Hustles, Cybercabs, and Protecting Your Financial Future

    AI is no longer a distant promise or threat—it is already transforming jobs, businesses, side hustles, and everyday life. In this episode of the Get Out of Debt Guy podcast, Steve Rhode and Damon Day explain how they use AI for video editing, research, fact-checking, writing, thumbnails, publishing, and running small businesses. Work that recently required expensive editors, assistants, and specialists can now be completed faster and for a fraction of the cost. They also discuss Damon’s real-world gig-work experiments, the Penny Stupid Project, autonomous Cybercabs, and why earning additional income can be just as important as cutting expenses. Steve explains why debt is “math wrapped in emotion,” and why protecting a credit score should never take priority over protecting your retirement or financial future. Plus, they discuss the Payactiv data breach, the danger of earned-wage-access services, and why getting out of debt, building savings, developing new income streams, and learning to use AI may be the best ways to prepare for rapid economic change. Get more debt help, consumer alerts, and practical financial guidance at https://getoutofdebt.org Subscribe to Steve’s free Your Money newsletter at https://yourmoneysteve.substack.com Follow the Penny Stupid Project on YouTube to see Damon’s real-world gig-work and side-hustle experiments. Damon Day can be reached for debt coaching at https://damonday.com

  2. Jul 25

    The Dirty Truth About Debt Relief Companies, Bank Profits, and Fast Ways to Make Extra Money

    This week, Steve Rhode and Damon Day pull back the curtain on the debt relief industry and explain why so many people end up paying thousands of dollars for programs that may not be in their best interest. They discuss what SEC filings from major lenders reveal about expected credit card defaults, why banks already price losses into their business model, and why consumers shouldn't feel guilty for exploring legitimate debt relief options. The conversation also covers extended warranties, class action settlements, and practical ways to generate immediate extra income. Damon shares his recent experience earning over $120 in just a few hours using delivery apps and explains why gig work can be a powerful tool to accelerate your debt payoff plan—if you already have the right strategy. If you're struggling with debt, considering debt settlement, or looking for ways to improve your financial situation, this episode offers practical advice backed by decades of experience. Learn more and get free debt help at https://getoutofdebt.org Need personalized debt guidance? Reach Damon Day at https://damonday.com

  3. Jul 21

    Debt Denial Is Expensive: When It’s Time to Stop Struggling Alone

    Debt problems rarely improve while you are avoiding them. In this episode, Steve Rhode and Damon Day talk about the denial, fear, stress, and shame that keep people trapped in debt far longer than necessary. When you are overwhelmed, depressed, or emotionally exhausted, it becomes much harder to objectively compare debt settlement, bankruptcy, credit counseling, and other debt-relief options. Steve and Damon explain why continuing to make minimum payments may only send tens of thousands of dollars to credit card companies without solving the underlying problem. They also discuss bankruptcy shame, the confusion surrounding FICO scores and credit reports, and why protecting a credit score should not become more important than rebuilding your financial life. Sometimes the smartest next step is simply having an honest conversation with someone who can look at the situation from the outside and help you separate fear from facts. Learn more about getting out of debt at https://getoutofdebt.org Damon can be reached at https://damonday.com

  4. Jul 9

    Debt Settlement Salespeople, Bankruptcy Shame, and the Myths That Keep People Stuck

    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 may be a legal, practical, and sometimes life-changing option instead of a last-resort disaster. They also cover tax debt in bankruptcy, the danger of relying on commissioned debt relief salespeople for “advice,” and why having a strategy matters just as much as choosing between debt settlement, bankruptcy, credit counseling, or trying to pay everything back. You can find more debt help and consumer debt information at https://getoutofdebt.org Damon Day can be reached at https://damonday.com

  5. Jul 2

    This Week in Debt: Settlement Money, AI Scams, Rate Cut Myths, and Debt Collector Traps

    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 getting dangerously convincing, and why some viral debt collector advice is half right and half financially dangerous. You’ll also hear why ignoring court papers can lead to default judgments and wage garnishment, why a simple family code word can protect you from scam calls, and why fear is the fuel that keeps bad debt relief advice alive. For more debt help, consumer alerts, and free resources, visit https://getoutofdebt.org. Damon Day, the new Get Out of Debt Guy, can be reached at https://damonday.com.

  6. Jun 26

    Debt, Savings, Salesmen, Bankruptcy, and the Fear of Making the Wrong Move

    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 while drowning in high-interest debt can turn into financial mental gymnastics. They also dig into the emotional side of debt relief: debt settlement regret, the fear of bankruptcy, moral obligations to repay debt, and how people decide where their personal line really is. As always, Damon brings the practical coaching view, Steve brings the old Get Out of Debt Guy perspective, and both try to keep you from living a needlessly s****y financial life. Get more debt help, bankruptcy information, debt settlement warnings, credit advice, and real-world consumer debt guidance at https://getoutofdebt.org You can reach Damon Day for a free debt coaching call at https://damonday.com

  7. Jun 18

    When Paying Back Debt Becomes Self-Punishment & Sexual Financial Domination

    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 there, Steve and Damon walk through the uncomfortable but necessary reality of debt relief options, including bankruptcy, debt management plans, debt settlement, paying in full, credit score fears, retirement pressure, and why some people keep punishing themselves financially long after there may be a better way out. This episode is really about the emotional side of debt. The math can be simple, but the feelings can make it brutal. For more debt help, consumer debt advice, credit card debt information, bankruptcy insights, debt settlement warnings, and financial recovery articles, visit https://getoutofdebt.org Damon Day can be reached at https://damonday.com

  8. Jun 11

    Why Do People Making Good Money Still Feel Broke?

    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 Damon talk about why people in debt crisis can get pushed into quick decisions, how debt relief companies and financial “solutions” may have their own agenda, and why it is so hard to know who to trust when you are scared and trying to survive. They also get into the reality of rising costs, housing, food, transportation, kids’ activities, lifestyle expectations, budgeting, emergency savings, credit cards, debt settlement, bankruptcy, and the simple but painful rule of holes: when you are in one, stop digging. The big takeaway is this: getting out of debt is not just about cutting expenses. It is about creating breathing room, understanding your real numbers, making better decisions, and finding a way to get on the asset train before it leaves the station. You can find more debt help, articles, and resources at GetOutOfDebt.org Damon Day offers free consultations and can be reached at DamonDay.com

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Welcome to the Get Out of Debt Podcast with Steve Rhode, your trusted source for practical debt solutions, budgeting tips, and effective money management strategies. Join us for real-world discussions on overcoming financial challenges. https://www.pinterest.com/getoutofdebtguy/ https://www.instagram.com/thegetoutofdebtguy/ https://bsky.app/profile/getoutofdebtguy.bsky.social https://www.facebook.com/GetOutOfDebtGuy/ https://x.com/getoutofdebtguy

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