You’re smart. You’re successful. You’ve solved hard problems at work and in life. So why is debt the one problem that keeps looping?

In this episode, Steve Rhode (the old, original Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) go after the “I’ll figure it out myself” trap — the mindset that helps you win everywhere… except when it comes to credit card debt, personal loans, and financial stress.

We break down the three big DIY “solutions” that look logical but often make things worse:

• Debt consolidation loans: the “lower rate” pitch that can wreck your cash flow and lead right back to credit cards

• Merchant Cash Advances (MCAs): the business version of a payday loan — daily/weekly withdrawals, brutal “factor rates,” and a stack that can end in bankruptcy

• Closing paid-off credit cards: feels responsible… but can hurt your credit score by raising utilization and shrinking account history

If you’ve been “researching” your way out of debt for months with no real progress, this is your sign: you don’t get extra points for suffering alone. Get a plan before you accidentally lock yourself into the wrong move.

✅ Learn more at https://getoutofdebt.org

📞 Damon can be reached at https://damonday.com (free consultation)

Next episode: why your tax refund won’t save you — and what to do before April hits.

Ever been carrying debt (or a money mess) your spouse doesn’t know about… and you can feel the secret eating you alive?

In this episode, Steve Rhode (the old, original Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) lay out a practical roadmap for the hardest conversation most couples will ever have: telling your partner the truth about your debt—without turning it into a relationship-ending explosion.

You’ll learn:

• When NOT to do it (hint: not during a fight… and definitely not at the grocery store)

• How to open the conversation with responsibility instead of excuses

• Why you need to show up with a plan, not a dumpster fire

• What to say when they’re hurt, angry, or ice-cold for a while

• How to turn this from “your secret problem” into a shared solution

Steve also calls out a sneaky modern trap: “Forbes-style” articles-that-are-really-ads pushing debt relief companies—why they look legit, why they fool smart people, and how to spot the marketing game.

If this episode hits a little too close to home, don’t wait. The longer the secret lives, the bigger the blast radius.

Get help and resources at https://getoutofdebt.org

Book a free call with Damon at https://damonday.com

If you’ve run the numbers, know your options, and still haven’t taken action… this episode is for you.

Steve Rhode (the old, original Get Out of Debt Guy) and Damon Day (the new Get Out of Debt Guy) get brutally honest about the real reason people stay stuck in debt: fear and shame—not math, not money, not even the solutions.

You’ll hear why so much credit card debt comes from essentials, why people only act once the “bucket of chaos” hits the fan, and why protecting a credit score can quietly cost you years (and a lot of money). They also break down what to do about collection calls, the truth about debt settlement vs. doing nothing, and why having a plan changes everything—especially if your spouse doesn’t know the full story yet.

✅ Your assignment at the end: identify the real fear keeping you up at night—and start taking its power away.

Explore free tools and subscribe to the newsletter at https://getoutofdebt.org

Reach Damon directly for a free strategy call at https://damonday.com