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 inflation, insurance premiums, and high-interest credit card debt.

We keep it plain-English and practical: why this is happening, how it shows up in everyday budgets, and realistic steps to protect your cash flow (cutting debt, smarter shopping, avoiding app markups, and building savings so your future isn’t on a treadmill). Plus, a candid chat about retirement math—why “$7,000 a month” won’t buy in 10–20 years what it buys today—and how getting out of debt sooner can change your entire trajectory.

Helpful links:

• Get more free help and guides: GetOutOfDebt.org — https://getoutofdebt.org

• Talk with Damon one-on-one: DamonDay.com — https://damonday.com

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 each month: multi-apping strategies, smart route planning, power blocks, and safety tips for working after dark. They also tackle common objections—from gas costs to burnout—and show how to make the gig economy work for your wallet instead of against it.

Visit https://getoutofdebt.org for more insights, and reach Damon directly at https://damonday.com.

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 destruction, Steve and Damon reveal how financial mistakes and emotional decisions can ruin lives long after the marriage ends.

You’ll hear real examples of how debt gets weaponized in divorce, why “you divorce your spouse, not your creditors” is a rule everyone should know, and what happens when loyalty to creditors costs families their future. Most importantly, you’ll get a path forward — how to treat divorce like dissolving a business, avoid the landmines, and protect yourself, your kids, and your future.

👉 Visit https://getoutofdebt.org for more resources.

👉 Reach Damon directly at https://damonday.com.

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 these tactics that get you to sign up—whether it’s the right move or not.

From fear-based pressure, fake authority, and bait-and-switch loan offers to commission-driven scripts that play on your guilt and urgency, this deep dive will show you exactly how these tactics work—and how to protect yourself. Whether it’s a credit counselor, a debt settlement company, or a company claiming to be a “government program,” you’ll walk away from this episode armed with red flag indicators and smarter questions to ask.

This is not about being afraid; it’s about being informed. Tune in now to get expert debt advice and take control of your financial future!

👉 Learn more at https://getoutofdebt.org

📞 Want honest, expert help? Reach out to Damon directly at https://damonday.com

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 keep you trapped, why lenders share responsibility for the problem, and explore debt advice that redefines tools like bankruptcy and debt settlement. Discover that these are not moral failures—they’re legal, practical ways to protect your family and your future. From ancient biblical debt forgiveness to U.S. Constitutional rights, we’ll help you break free from the mindset that keeps you in financial chains and focus on how to achieve financial freedom.

If you’ve ever wondered whether you’re doing the “right” thing by paying a debt you can’t afford—or if there’s a smarter, more responsible path—the insights shared in this conversation will open your eyes to effective debt solutions.

Visit https://getoutofdebt.org for valuable resources. Damon can be reached at https://damonday.com for one-on-one guidance.

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 buying a used car at the right depreciation point and understanding how technology is transforming car ownership. Additionally, we delve into how leasing can actually make sense, how small thermostat tweaks can lead to significant savings, and how to stop wasting money on things that don’t contribute to your happiness. This episode is filled with real talk, effective strategies, and all the actionable advice you need to give your bank account a well-deserved breather without going full monk mode.

This one’s about real talk, real strategy, and giving your bank account a breather—without going full monk mode.

For more resources, visit https://getoutofdebt.org

Want help figuring out your next best step? Reach Damon at https://damonday.com

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 talking about. From new borrowing caps to hidden rule changes that could disqualify you from forgiveness after years of payments, this episode is a wake-up call. If you’re counting on PSLF, stuck with Parent PLUS loans, or have any kind of federal student loan, this could save you thousands—or decades of regret.

👉 Ask your question at https://getoutofdebt.org/podcast
🙋‍♂️ Want help from Damon? Go to https://damonday.com

Life doesn't wait — and when the unexpected hits, your finances can crumble fast if you're not ready. In this episode, Steve Rhode, the original Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, dive into the real cost of living paycheck to paycheck, why guilt is keeping you broke, and what smarter financial choices look like when you're staring down layoffs, car trouble, or divorce.

This isn’t about judgment — it’s about giving you real options, real strategies, and a chance to breathe again. If your credit card balances are higher than your savings account, it’s time for a better plan.

Listen in and learn how to build a safety net, protect your future, and make hard decisions feel a little... less hard.

💻 More free help: https://getoutofdebt.org
🤝 Talk to Damon: https://damonday.com