Get Out of Debt Guy

If you want to see someone instantly disagree with you, tell them that people that file bankruptcy do better financially than people who don't and struggle. When people face unexpected money troubles, it is just math wrapped in emotion. The underlying facts are not judgmental. And the math doesn't make assumptions or believe common myths.  Let's talk about it. --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

In this episode, I answer a couple of reader questions with some interesting issues. The first involves what looks like a duplicate 1099-C tax form for forgiven debt. The second is about an old bad debt that is still on the credit report.  If you'd like to ask me a question, just visit https://GetOutOfDebt.org and click the ask a question link at the top. --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

You might have heard about a new presidential executive order that was signed recently that is supposed to put a halt to having payroll taxes taken out of your paycheck. But there is some important information to know before you get all excited about this and fall for it. --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

Bob wrote to me with his second round of medical debt and wanted to know if a loan or some debt resolution program would be a good idea. My answer is probably going to surprise Bob. --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

We are potentially on the backside of consumer protections from the pandemic. One of these protections was to put evictions on hold while people were struggling to make rent payments. Unless Congress or individual states extend the protections, waves of evictions are possible. ProPublica had a very informative article out on this subject that I wanted to share with you. Your Get Out of Debt Guy. Steve Rhode --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

This week Damon Day and I produce another low rent show, this time about the recent information out from the Department of Education Inspector General.  The report released found the Department of Education was doing a poor job keep federal student loan servicers in line. The report stated, "By not holding servicers accountable for instances of noncompliance with Federal loan servicing requirements, FSA did not provide servicers with an incentive to take actions to mitigate the risk of continued servicer noncompliance that could harm students." Shocker? We then ramble into a conversation about the problems students at Argosy University are facing trying to figure out where their financial aid money is or went. Finally we have a little chat about how the news of car loans defaulting isn't exactly what everyone thinks. Default rates are up, but not for everyone. Do you have a question you'd like for us to answer? Leave your question on voicemail by calling 919-391-7976. --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

Dealing with financial problems is about more than just making a budget. This time Damon Day and I talk about how to make having fun affordable, traveling on the cheap with your own trailer, a few money-saving tips, and Damon tells us how he just got scammed on Craigslist. I'm not sure how we managed to turn the full recording into a podcast but we did. Some curse words included. - Steve Rhode - Get Out of Debt Guy - https://GetOutOfDebt.org Do you have a question you'd like for us to answer? Leave your question on voicemail by calling 919-391-7976. --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

Damon Day and I talk about what to do if you've received an offer in your mailbox for a debt consolidation loan.  Not every offer turns out to be what you think it is.  We talk about questions to ask and what to do when you call the company to get a loan. If you have a question you'd like to ask, visit me at GetOutOfDebt.org. If you'd like to see the video of us recording this show, visit https://GetOutOfDebt.org/118791/ Do you have a question you'd like for us to answer? Leave your question on voicemail by calling 919-391-7976. --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

This time my friend Damon Day and I talk quickly about several topics that made us scratch our heads this week. Here are the posts on my site that correspond with some of the stories we stumble through. 1. Chinese Smartphone App to Find Debtors 2. There Are No Solutions For Us to Get Out of Debt That We Can Afford 3. Government Workers Should Just Go Get Loans 4. The Gigantic Reader Question If you have a question you'd like to ask, just click here. If you'd like to subscribe to the podcast, check whatever app you are using to list and see if there is an option to do so. Do you have a question you'd like for us to answer? Leave your question on voicemail by calling 919-391-7976. --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

Steve and Damon laugh and talk their way through some difficult debt topics and give you some great tips on avoiding heavy student loan debt and ways to hide from the debt collector when you need to escape for a bit. To ask Steve a question visit https://GetOutOfDebt.org or if you want to talk to Damon then visit https://DamonDay.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

In this podcast, Damon Day (DamonDay.com) and I talk about the problems people face with American Express cards closed without notice or because of a problematic customer service interaction. We also discuss the problems faced by people suffering from financial problems and answer reader questions. This is a new format, as a video podcast. Enjoy. Steve - You Get Out of Debt Guy https://getoutofdebt.org --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

Being in debt feels like a dark hole, a deep pit, without hope or any way out. Struggling to find ways to make extra money can feel impossible as well.  But the secret is both situations benefit from the same free tip Damon Day, and I talk about on this podcast. You can follow our side-hustle testing at PennyStupid.com But if you have debt questions or need some free advice, I'm here for you.  Steve Rhode - Your Get Out of Debt Guy from GetOutofDebt.org --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

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://podcasters.spotify.com/pod/show/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://podcasters.spotify.com/pod/show/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://podcasters.spotify.com/pod/show/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, spend the night doing rides, and then go home with heavier pockets.   The flip side is if you are in a less busy area, there will be fewer drivers to compete against.   Enjoy Damon's experience. He is a great storyteller.   Important Penny Stupid Project Links  Website - https://PennyStupid.com Facebook - https://facebook.com/PennyStupid All Our Lyft Details - https://pennystupid.com/dive-for-lyft-and-all-the-other-scoop/ Subscribe to Free Email Updates: https://pennystupid.com/subscribe-to-penny-stupid/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

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.org/message and I want to hear what you have to share and say. Steve Rhode - You Get Out of Debt Guy --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

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://podcasters.spotify.com/pod/show/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, visit the PennyStupid site or drop in on the Facebook page to get info and subscribe. Steve - Get Out of Debt Guy --- Send in a voice message: https://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message

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://podcasters.spotify.com/pod/show/get-out-of-debt-guy/message