Don’t Buy the Wrong Fix: What Really Works to Get Out of Debt
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Don’t Buy the Wrong Fix: What Really Works to Get Out of Debt
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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