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16 Common Myths About Getting Out of Debt That Everyone Gets Wrong

Get Out of Debt Guy Podcast - Steve Rhode

Introduction to 16 Common Myths about Getting Out of Debt [0:00] Hey, you’re back with the Get Out of Debt Guy show. I’m the old Get Out of Debt Guy, Steve Rode, and with me is the new Get Out of Debt Guy, Damon Day. Hey, Damon. Hey, Steve. Today, we’re going to be talking …

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My Guide to Getting Out of Debt With Proven Methods and Smart Ideas

The highly respected and well-regarded financial expert Ray Dalio had published a video back in 2018 about his Principals for Success. What utterly amazed me was how much he says also applies to people trying to get out of debt or dealing with bad debt. I’ve embedded the video above, but here are the key …

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How Can I Continue My Education With All This Debt?

Question: Dear Steve, First of all, LOVE that you are answering such tough questions with all proceeds going to Pilot.Dog. Love this. You’re amazing. Some background: I am a 28 year old living in NYC. I am currently making $55,000 with a monthly rent of $1450 excluding utilities. I have three credit cards: one with …

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Do You Want to Know Why You Are Absolutely Setup to Fail When Dealing With Your Debt?

As someone who has helped people with debt and money troubles since 1994 I’ve seen thousands and thousands of consumer situations when dealing with all sorts of debt. From mortgages, credit cards, car loans, bank loans, personal loans and students loans; I’ve seen it all. I’ve worked with people with gambling problems, shopping addiction, overspending, …

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I Make $165K a Year But Can’t Make Ends Meet. What Can I Do?

Question: Dear Steve, $100,000 in unsecured debt. $50,000 of total is in 5 year consolidation loans. $10,000 in health bills. $165,000 annual salary. Bouncing credit card to consolidation loan keep credit score high. Going into debt $500 more per month. Children so can’t reduce expenses, really. Should I go into Chapter 13? Should I use …

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Is There a Debt Solution Company You Would Recommend? – Donnie

Question: Dear Steve, Due to medical issues and a large percentage (25%) loss of salary my wife and I are in serious debt. We owe approximately 52,000.00 in credit card debt. I am looking at some debt solution companies at possibly helping get this debt under control and paid off in a reasonable period of …

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The Universal Secret to Dealing With Debt

For years I’ve asked people in debt this simple question, “Do you have a greater responsibility to fix the past or fix your future?” It appears Socrates beat me to the punch and asked the same question of people millennia ago. It seems this question of logical responsibility is one we’ve been asking since nearly …

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