The Holiday Debt Spiral You're Pretending Isn't Happening

It’s December… and if you’re staring down holiday spending while your credit card debt is already heavy, you’re not alone. In this episode, Steve Rhode and Damon Day talk about why so many people avoid looking at their balances during the holidays, what that avoidance really costs you, and how to enjoy the season without turning January into a financial disaster.

We dig into the pressure to “keep up,” the dopamine hit of giving, lifestyle inflation, and why high-income households can still be in a quiet financial crisis. You’ll walk away with practical ways to set boundaries, build a realistic holiday budget, and choose smarter spending that protects your future — without guilt, shame, or deprivation.

More help and resources: https://getoutofdebt.org

Reach Damon Day: https://damonday.com