Get Out of Debt Guy | Smart Debt Solutions for Your Financial Freedom

This time Damon Day and Steve Rhode decided to combine our two podcasts on debt and side hustles into one. I think people interested in side hustle extra money might also have some interest in financial topics as well. We shall see.

Topics included Uber, Lyft, Amazon FBA, scams, legal threats, fake debt collectors, and more.

We are back. It's been a bunch of hot minutes since the last podcast. But Damon Day and myself, Steve Rhode, are huddled over an iPhone recording this podcast in a random hotel room someplace.

Besides discussing the manufactured student loan fiasco with the off-again and soon-to-be-on-again student loan payments, we chat about the confusion created by the new SAVE program that might not go through even though millions are now enrolled.

Damon from DamonDay.com talks about how consumers call him in a panic over student loan payments starting soon.

And in the years since student loan payments were put on pause, people's spending expanded to fill the void left by suspended student loan payments. What could go wrong?

Whatever financial mess consumers face seems to be created more by emotional politics than a promise by the government to its citizens.

We talk about why the financial mess created by higher education debt will not be resolved anytime soon.

The podcast turns into a warning on how not to get taken by random letters in the mail. We give excellent advice on how not to get scammed.

And we give you the fundamental lessons that need to be learned not to be a victim.

Finally, we devolve into good advice on how to repair your credit for free.

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

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

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

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/

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.

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/

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