Get Out Of Debt Guy Show

Worrying about being scammed by a debt relief provider is a real fear. But what is a scam? That question is surprisingly more challenging than you might imagine. In this podcast, Damon Day and I discuss why calling any debt rescue company a scam is so tricky. For example, if a company provides you with bad advice but doesn't take your money, does that make them a scam? And then we start talking about how easy it can be for people of all incomes to make an extra $800 a month with some side gig or side hustle. We share an update about our efforts at PennyStupid.com  Steve Rhode - Your Get Out of Debt Guy from GetOutofDebt.org --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

Here is the latest review from the Penny Stupid Project on mining Helium as a side hustle. Is it worth it? Here is what you need to know before you start. If you're thinking about investing in helium mining, then you might be wondering if it's too late. In this podcast, After learning about the helium mining industry, you'll be able to make an informed decision about whether or not it's worth investing in this exciting new industry. We'll also give you a glimpse at the helium HNT price prediction so you know exactly how much helium is worth right now. Stay up-to-date on the latest helium mining news and make the right decision for you! Important links from this review: https://pennystupid.com/can-you-still-make-money-with-a-helium-miner/ https://explorer.helium.com/ Important links from this review: https://pennystupid.com/can-you-still-make-money-with-a-helium-miner/ https://explorer.helium.com/ --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

We are checking in with you again to share this week's update on The Penny Stupid Project. This week we give you the latest on our testing of retail arbitrage, Amazon FBA, driving for Lyft, and a brief mention of mining Helium cryptocurrency. For more on the project, visit PennyStupid.com. Subscribe to email updates here. --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

Damon shares his first night stories and impressions about the realities of driving for Lyft as a totally new driver learning the way. Each night is a new lesson learned. Towards the end of the video, Damon gives us his side hustle thumbs-up review regarding making decent quick money.   Becoming a rideshare driver can be intimidating. Who will get in your car? Will you be safe? What might I expect?   As part of our Penny Stupid Project, Damon is taking one for the team and actually getting in the seat to give you an inside look at what he experienced. Follow along https://pennystupid.com/subscribe-to-penny-stupid/  Are there good things and bad things? Of course, there are, but that's the same with any side hustle opportunity. Your decision should be how much money you can expect to make in your extra hours and what the side hustle is like.   If you live out in a rural area, you will probably not have the same results as Damon in Phoenix. However, I've met rideshare drivers who drive towards a busier area

Getting out of debt can be tackled with several different approaches. One is reducing what you owe, but another is increasing income to help pay down the debt. Experience has taught me that a combination of both usually is the winning hand. But making extra money is problematic when trying to do it through desperation rather than inspiration. So we aim to change that for you by showing you the way. My friend debt coach Damon Day and I are working together to find side hustles you can explore to help make an extra $500 to $2,000 a month with your own side business or side hustle. We are not selling anything, so don't worry. The advice you will hear is unbiased. We're starting from scratch on the different side hustles, so we will find the potholes so you can avoid them. As Damon once said, Our side hustle is to try all the side hustles, so you don't have to.  So true. Please join me on this journey and give me your feedback at PennyStupid.com or leave me an audio message at https://getoutofdebt.

Give me five minutes, and I'll help you to understand the complexities of the housing crisis we face in 2022 and why both home buyers and renters are finding it difficult to move ahead. It's complicated. If you have a question you'd like to ask, go to https://getoutofdebt.org/question, or if you want to leave a question for an upcoming podcast, go to https://getoutofdebt.org/message. Steve Rhode, your Get Out of Debt Guy from GetOutOfDebt.org. --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

Getting out of debt is about either reducing expenses or increasing income, so Damon and I decided to start a new site all about side jobs from home to help make money. The PennyStupid website gives you the scoop and inside experience on side hustling. You can learn by watching us on YouTube or listening to our podcast to know which side jobs from home can be successful.  This new gig project aims to provide you with tested and tried actionable information to help you start making an extra $500 to $2,000 a month. Use some of your gig and side job money to reduce your debt but be sure to use some for fun.  It's one thing to research side hustle ideas, but Damon and I are putting them to the test and sharing the real-life results and lessons learned with you. So come along on the Penny Stupid journey and listen to our successes and failures. I'm sure we will sometimes fall flat on our faces, but you can't have great success without making mistakes and learning painful lessons. For more information

The word inflation is used all the time, but what does it really mean, how do we measure it, and what happens when we try to reduce it? Let's talk about it in today's shortcast. If you have a question you'd like to ask, go to https://getoutofdebt.org/question, or if you want to leave a question for an upcoming podcast, go to https://getoutofdebt.org/message Steve Rhode, your Get Out of Debt Guy from GetOutOfDebt.org --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

In this Debt Free Dudes podcast, Damon Day and Steve Rhode talk about preparing for a recession, inflation, worsening economic chances, saving money, and an update on the side hustle project. Additional information for the facts behind this podcast is below. There is a 50-50 chance of a mild recession late in 2022 or 2023. The U.S. is not in a recession yet. However, we find that most indicators—particularly those measuring labor markets—provide strong evidence that the U.S. economy did not fall into a recession in the first quarter. The U.S. economy continues to face economic risks. Labor markets remain tight, which is fueling wage growth and in turn inflation. This raises concerns that interest rates will have to rise to the point of increasing unemployment to bring inflation back down. Rising interest rates can also strengthen the dollar, making American agricultural exports less competitive in foreign markets. The Conference Board said - "Notwithstanding two consecutive quarters of negative GDP growt

This podcast is chapter three of my book, The Path to Happiness and Wealth. In this chapter, "Take a Lap on the Gerbil Wheel of Debt," we take a look at the reality that most of us keep circling the same debt cycle, never getting ahead. For more about this book, visit this page. If you have a question you'd like to ask, go to https://getoutofdebt.org/question, or if you want to leave a question for an upcoming podcast, go to https://getoutofdebt.org/message Steve Rhode, your Get Out of Debt Guy from GetOutOfDebt.org If you enjoyed this podcast, be sure to subscribe so you can be sure to listen to the next chapter. --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

Debt settlement is not a monolithic debt relief solution. I like to say debt settlement is like an onion. It has layers.  There are several forms of tackling your debt using settlement. All are distinctly different, and understanding the differences is important to make the best choices for you and your situation. For example, you could listen to someone on Facebook tell you what you should do to settle your debt. You might buy a book and try to learn how to do it yourself, or you might contact a mass market debt settlement company and get pitched some one-size-fits-none product. There are more variations. In this Debt Free Dudes podcast, Damon Day and I discuss how each option has traps or advantages. If you have a question you'd like to ask, go to https://getoutofdebt.org/question, or if you want to leave a question for an upcoming podcast, go to https://getoutofdebt.org/message Steve Rhode, your Get Out of Debt Guy from GetOutOfDebt.org If you enjoyed this podcast, be sure to subscribe so you can

Chapter two of my book, The Path to Happiness and Wealth. In this chapter, we take a more introspective look at the factors that drive money troubles and what prevents us from making ends meet. The chapter has plenty of client examples that help to fill your quota of debt voyeurism and the ability to learn from situations others have faced. I wrote this book in 2002, and it's funny to look back and witness the death of the mall. Maybe they will make a comeback. We shall see. So forgive my focus on brick-and-mortar shopping in this age of point-and-click. Still, the features that shopping creates still apply to online shopping. For more about this book, visit this page. If you have a question you'd like to ask, go to https://getoutofdebt.org/question, or if you want to leave a question for an upcoming podcast, go to https://getoutofdebt.org/message Steve Rhode, your Get Out of Debt Guy from GetOutOfDebt.org If you enjoyed this podcast, be sure to subscribe so you can be sure to listen to the next one. ---

Good people dealing with money troubles and debt worries make this same mistake over and over. Unfortunately, it can cost millions of lost dollars in retirement savings. In this podcast, Steve Rhode from https://getoutofdebt.org and Damon Day from https://damonday.com talk about how to avoid this simple, crushing mistake that can ruin a future financial life. We also discuss the best approach and mindset to putting financial problems behind you and expect the best outcome with less stress. --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

I wrote this book in 2002, but the lessons and insights included are just as relevant today as they were then. I was awarded the Washington Post personal finance book of the month award for this book. It is a holistic look at the secrets to overcoming debt and finding a balance with money in your life. It’s a good book for people to read that might be having issues with shopping issues, compulsive spending, overspending, hidden debt, etc.  For more about this book, visit this page. If you have a question you'd like to ask, go to https://getoutofdebt.org/question, or if you want to leave a question for an upcoming podcast, go to https://getoutofdebt.org/message Steve Rhode, your Get Out of Debt Guy from GetOutOfDebt.org --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

For many years I've written about the tactic some debt relief companies use to trick consumers into signing up for some form of debt relief. Consumers receive offers in the mail for a personal or debt consolidation loan and are told they don't qualify, but "we have a better program." Damon Day and I discuss the issues raised in I Was a Bait and Switch Debt Relief Sales Person in this podcast. Here is a list of some past links on this subject. I Was a Bait and Switch Debt Relief Sales Person WSJ Article Slays Debt Settlement Companies Using Personal Loan Offers to Bait and Switch New Rescue One Financial Loan Offer Letter Still Raises Concerns Rescue One Financial Still Sending Disturbing Mailer Look at Mailers From My I Buy Junk Mail Program If you have a question you'd like to ask, go to getoutofdebt.org/question, or if you want to leave a question for an upcoming podcast, go to getoutofdebt.org/message  Steve Rhode, your Get Out of Debt Guy from GetOutOfDebt.org --- Send in a voice message

A frequent question I get is from people upset with the performance of some company they hired to help them.  When they reach out to me for answers, they are pissed off and angry. That is understandable.  There is a healthy and helpful way to resolve such company complaints without raising your blood pressure or being victimized.  Today I want to share the secrets I've learned over the years on how to best deal with any company you have a problem or disagreement with regarding a product or service. If you have a question you'd like to ask, go to getoutofdebt.org/question, or if you want to leave a question for an upcoming podcast, go to getoutofdebt.org/message Steve Rhode, your Get Out of Debt Guy from GetOutOfDebt.org --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

I want to share some truths about financial fear and anxiety in this episode.  I'll also share info on how to get a substantial government-guaranteed return on your savings, or is that statement a scam? Let's find out. I then want to share information about review terrorists and finish with a personal story and a debt life lesson. But first, I wanted to share this saying which applies to dealing with money problems, Don't Believe Everything You Think.  If you have a question you'd like to ask, go to getoutofdebt.org/question, or if you want to leave a question for an upcoming podcast, go to getoutofdebt.org/message Steve Rhode, your Get Out of Debt Guy from GetOutOfDebt.org --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

Today I wanted to share some life-altering low-stress advice on how to best deal with debt collectors. I think what I'm going to share will surprise you and be a big help if you or someone you know is getting calls from a debt collection agency. When it comes to debt collectors, not everything you believe is true. So let's put all the assumptions aside for this podcast. If you have a question you'd like to ask, go to getoutofdebt.org/question, or if you want to leave a question for an upcoming podcast, go to getoutofdebt.org/message Steve Rhode, your Get Out of Debt Guy from GetOutOfDebt.org --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

This week on the Get Out of Debt Guy podcast, I want to talk with you about time running out, buying stuff for less than it costs, car payments over a cliff, and Baaaad people. If you have a question you'd like to ask, go to getoutofdebt.org/question, or if you want to leave a question for an upcoming podcast, go to getoutofdebt.org/message Steve Rhode, your Get Out of Debt Guy from GetOutOfDebt.org --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message

In this special podcast about debt and the economy in the UK, Jon Emgee from GetOutOfDebt.org.uk and I discuss many issues like why people have to put money in their gas and electric meters, the grocery walk of shame, UK inflation, petrol prices, healthcare, and much more. This show is part information and education and part telling stories.  If you have a UK debt-related question, you can ask Jon by visiting GetOutOfDebt.org.uk --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message