You’d think getting a loan with horrible credit is impossible… but guess what? Lenders are practically lining up to give you money. Why? Because they know they can charge eye-watering interest rates and fees so sneaky they should be illegal. That’s the dirty secret no one tells you—banks and lenders love bad-credit borrowers because they …
Afraid to start investing because you’re still in debt? In this episode of the Get Out of Debt Guy podcast, Damon Day and I break down why waiting until you’re debt-free might actually be costing you big time. We get into the mindset traps that keep people stuck, the simple ways to start investing without …
I thought I should start taking a look at some credit products. So let’s start with TD Bank. When people face financial pressure, they often feel like they can borrow their way out—kind of like trying to diet by eating a second dessert. It feels like a plan… until reality smacks you in the face. …
Ever glanced at your bank account at month’s end and wondered, “Where did it all go?” We’ve all been there. And if you’re trying to get out of debt or save money for your dreams, the overwhelm can feel like climbing a mountain wearing flip-flops. But here’s something surprising: The key to getting financially free …
Did you know the average American household carries over $6,000 in credit card debt? (Source) Between credit cards, loans, and mortgages. (Want to know What is Consumer Debt?) Figuring out which debts help and which debts hurt can feel overwhelming. Some debt helps you build wealth, while others are designed to trap you in an …
Ever feel like your paycheck disappears faster than you can say ‘autopay’? You’re not alone. Consumer debt isn’t just about credit cards—it sneaks up in ways most people don’t even realize. Let’s talk about consumer debt. You know—the usual suspects: credit cards, car loans, personal loans, and maybe that store credit card you got just …
Ever wonder why budgeting feels like running on a hamster wheel? You work hard, track every dollar, and still end up stressed about money. Turns out, it’s not you — it’s the budget. Budgets suck. Yep, I said it. And before you clutch your color-coded spreadsheets, hear me out. I’m not the only one who …
Ever feel like your debt is some kind of evil villain, laughing as you throw money at it every month? 😅 Yeah, me too—been there, done that. But here’s the thing: A debt payoff calendar could be the game-changer you need. This simple, step-by-step debt repayment tool helps you get out of debt faster by …
Talking about money with your partner is a lot like assembling IKEA furniture. You start with good intentions, a set of instructions, and a plan… and 30 minutes later, you’re locked in a passive-aggressive debate about who lost the tiny screws. But here’s the thing: budgeting as a couple doesn’t have to be that complicated—or …
Signs of an impending financial downturn can strike fear in struggling families. Determine to get ahead by using the prospect of tough times to motivate yourself to turn your finances around and create generational wealth. Here’s some advice from the Get Out of Debt Guy to help. Manage Your Stress Polls indicate that the stress …